Answer:
predetermined overhead rate: 14.51 dollars per labor hour
applied overhead at 18,500 hours: 268,435 dollars
Explanation:
we distribute the expected overhead over the cost dirver. In this case direct labor hour:
cost driver: labor hours:
labor cost: 231,322 / 12.71 labor rate = 18,200 labor hours
<u>expected overhead:</u>
depreciaiton 53,500
supervisor 135,000
supplies 42,900
property tax 32,750
total overhead 264,150
overhead rate: 264,150 / 18,200 = 14,51373626373626 = 14.51/hr.
applied: 18,500 x 14.51 = 268.435
Answer: B
The government cannot control interest rates and that is the reason is why the government cannot completely control the business cycle. This is so because interest rate controls the rate of consumer spending, borrowing and spending. Say interest is low, people will borrow more and spend more and this will have an impact in the rate of employment. Hence, in short if the government cannot control interest rate, everything depending on it, the economic cycle cannot be determined.
Answer:
Place, where the consumer/customer can go when making a purchase on a product.
Explanation:
Good luck, I majored in Business Management
Answer: Sell four December coffee future contracts at $2.00 per pound
Explanation:
Based on the scenario in the question, the number of contracts that is required for hedging the entire crop will be gotten by dividing the total number of crops by the pounds that are available in one contract. This will be:
= 150,000/37,500
= 4 contracts
Therefore, the answer will be for Jarvis to sell four December coffee future contracts at $2.00 per pound
Answer:
Having a great marketing strategy in place is key to the success of any business. Without a marketing strategy, you lack focus. And without focus, you will, quite simply, fail to reach any of the goals and objectives that you have set. Failure to plan is planning to fail.
Marketing is not a standalone, one-off activity. It is made up of several different components that are necessary throughout each and every stage of a business’s endeavours - from long before a sale is even made, to long after. With so much going on, it is essential to have a strategy in place.
