When a product is recycled back into almost the same product it's called 'reuse.' There are three R's - reduce, reuse, and recycle. When a product, such as paper, is recycled and made again into paper or a paper product, this is called reuse.
Answer:
Estimated manufacturing overhead rate= $6.42 per direct labor hour
Explanation:
Giving the following information:
The company's executives estimated that direct labor would be $3,360,000 (240,000 hours at $14/hour) and that factory overhead would be $1,540,000 for the current period.
Using direct labor hours as a base, what was the predetermined overhead rate?
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 1,540,000/240,000= $6.42 per direct labor hour
It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.
Hope this helps!
Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator. The CPI for this year is calculated by dividing <u>the value of all goods and services produced in the economy this year </u>using <u>this year's prices</u> by the<u> value of all goods and services produced in the economy this year</u> using <u>the base year's prices</u> and multiplying by 100. However, the GDP deflator reflects only the prices of all goods and services bought by the consumers.
<u>Explanation:</u>
GDP is the gross domestic product of a country which specifies the level of growth of the country. The value of the goods and the services of the country produced by the people of the country are all reflected in the gross domestic product of the country.
Greater the rate of GDP is of a particular country, higher would be the growth of the country. It is also used as a measure of comparison of the growth rate of the country.
Answer:
$4,375
Explanation:
Given that,
Crane Company balance = $9,250
Balance of Hale company = $3,000
Balance of Janish company = $1,875
January 1 balance in the Valdez Company subsidiary account:
= Crane Company Accounts Payable control account + Hale Company balance + Janish Company balance
= $9,250 + $3,000 + $1,875
= $4,375
