If a society decides to produce consumer goods from its available resources, it is answering the economic question

What does "2/10" mean, with respect to "credit terms of 2/10, n/30"? A. Interest of 2 percent will be charged if the invoice is

ankoles [38]

Answer:

C. A discount of 2 percent will be allowed if the invoice is paid within 10 days of the invoice date

Explanation:

5 0

3 years ago

Under what conditions does servant leadership fail to have a positive impact on followers?

Sloan [31]

Answer:

D. When subordinates don’t want guidance from the leader

Explanation:

3 0

3 years ago

Poehling Medical Center has a single operating room that is used by local physicians to perform surgical procedures. The cost of

Ratling [72]

Answer:

Results are below.

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total number of surgical room hours= (8*7)*52= 2,912 hours

Predetermined manufacturing overhead rate= 756,000 / 2,912

Predetermined manufacturing overhead rate= $259.61 per surgical room hour

Now, we can allocate costs using the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 259.61*5

Allocated MOH= $1,298.05

Finally, the under/over allocation for January:

Under/over applied overhead= real overhead - allocated overhead

Allocated overhead= 259.61*240= $62,306.4

Under/over applied overhead= 67,250 - 62,306.4

Underapplied overhead= $4,943.6

7 0

3 years ago

Procter & Gamble introduced its Duncan Hines ready-to-spread frosting in a small geographic area. When General Foods becam

Alona [7]

Answer: Commercialization

Explanation: The act in this case study illustrates commercialization which can be defined as the process of making new product available into the market with the motive of having strong financial gains. In this case study general foods was more aware than proctor and gamble thus they initiated the commercialization stage before them and developed the product for market before P and G.

8 0

4 years ago

What condition exists if you have a monthly spending deficit? You have an outstanding debt, such as a student loan, mortgage, or

olga_2 [115]

Answer:

Your monthly expenses are greater than your monthly income.

Explanation:

A deficit means having a shortage. If one has a monthly spending deficit, it implies the expenses are more than the income. A deficit arises when the budgeted expenditure is more than the income.

A deficit contrasts with a surplus, which is a situation when one has more money than the planned expenses. In a surplus, one has an excess of money, but in a deficit, one has insufficient amounts to meet all expenses.

7 0

3 years ago

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