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3 years ago

The cost object of the plantwide overhead rate method is: Select one:

Business

1 answer:

Oduvanchick [21]3 years ago

5 0

The cost object of the plant-wide overhead rate method is "The unit of product"

Explanation:

Unit cost is the total production cost divided by the number of units manufactured. A company usually produces similar products in lots with hundreds or thousands of units per batch.

An overall overhead rate for the entire plant is a single level used only to allocate or assign all overhead production costs for a company to its output of production. Products for easier operation, such as assembly, can be allocated overhead at a level of $20 per hour of direct work.

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When comparing absorption costing and variable costing, if units produced are units sold, what is the effect on net operating in

11111nata11111 [884]

Answer:

The Net Operating income will be the same for both methods.

Explanation:

Net Operating income under absorption costing and variable costing methods usually differ because of existence of inventory.

Fixed overheads are deferred in Inventory when using absorption costing. Meaning that a higher income is obtained under absorption costing than variable costing when there is inventory and a lower income under absorption costing than variable costing.

When units produced are units sold, there is no inventory. Therefore, the Net Operating income will be the same for both methods.

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3 years ago

here are seven firms in the automobile industry. The market shares of the firms are 34 percent, 21 percent, 17 percent, 9 pe

Lemur [1.5K]

Answer:

The answer is "Option 4".

Explanation:

The Herfindahl-Hirschman Index formula:

$HHI=s_{12} + s_{22} + s_{32} + s_{42} +........ + s_{n2}$

here sn is the firm n's share of the market proportion represented the society in general number instead of a decimal

Index Herfindahl-Hirschman:

$= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 62 + 52\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 25\\\\= 2092$

Index Herfindahl-Hirschman(Result of the merger, firms with profit margins of 6% and 5% provided market shares of respectively).

$= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 112\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 121\\\\= 2188$

The market with just an HHI of less than 1,500 is called a competitive industry, one on an HHI of 1,500 to 2,500 is called a moderately competitive store, and one on an HHI of 2,500 or higher is considered a highly potent store by us Justice department.

All businesses operate in a moderately crowded market, as well as a merger such as this reduces competition (increases chances of monopoly). Also as result, the Justice Dept may examine its merger but will most likely deny this because the Herfindahl-Hirschman index has risen.

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3 years ago

Lancaster salesperson Jamie Dafe has begun to branch out into mortgage brokering. She continues to show homes to clients, but ha

SSSSS [86.1K]

Answer:

A) Jamie may not act as a loan broker unless she is properly licensed as one, under the Mortgage Loan Broker Law, set forth under the California Business and Professions Code, Article 7.

Explanation:

The loan application must include information regarding the real estate broker and must be signed by both the borrower and the broker.

Section 10241 (i) of the California Business and Professions Code, Article 7 requires:

"A statement containing the name of the real estate broker negotiating the loan, his or her license number, and the address of his or her licensed place of business."

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3 years ago

The mayor of Workerville proposes a local payroll tax to fund a new water park for the city. The mayor proposes to collect half

scZoUnD [109]

Answer:

It is true because the mayor will be able to divide successfully the burden of the tax equally if the demand for labor and supply of labor are similarly elastic.

Explanation:

If the labor demand curve is elastic, a little reduction in the compensation will be adequate to build the amount of labor requested to assimilate the expanded inventory. In either case, the harmony will be reestablished with a little change in the pay.

The extent of the impact of welfare change on wages and labor is profoundly subject to the versatility of work requests and work supply. The effect of the versatility of work request and work supply on the rate change in wages and business can be gotten by separating different elasticity's .

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3 years ago

Which of the following defines motivation?

Serjik [45]

Answer:

the reason or reasons one has for acting or behaving in a particular way

Explanation:

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3 years ago