GDP Deflator= (Nomial GDP÷ Real GDP)×100
=(10÷4)×100
THUS GDP deflator = 250
Answer:
Estimated manufacturing overhead rate= $9.5 per machine hour
Explanation:
Giving the following information:
The Milling Department’s predetermined overhead rate is based on machine-hours.
Machine-hours 16,000
total fixed manufacturing overhead cost $ 118,400
Variable manufacturing overhead per machine-hour $ 2.10
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (118,400/16,000) + 2.1= $9.5 per machine hour
Answer:
Actual price= $1.6 per unit
Actual price= $3.2 per set
Explanation:
<u>To calculate the actual price, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
400= (1.8 - actual price)*2,000
400= 3,600 - 2,000actual price
2,000actual price = 3,200
actual price= $1.6 per unit
Answer:
I have no idea. Its difficult. but goog question
When we recieve $10 in the course of doing business, it will <u>increase </u>the Owner's Equity.
<h3>How does owner's equity increase?</h3>
Owner's equity will increase when the owners of the business invest more money into it.
Equity will also increase when revenue increases. As the $10 which was received will be treated as revenue, the owner's equity will increase.
Find out more on the effect of revenue on owner's equity at brainly.com/question/14657952.
#SPJ1