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Dahasolnce [82]
3 years ago
6

If a team of three workers, each making the U.S. Federal minimum wage, produced these 12 rugs, what would the total labor cost b

e? Don't forget that these workers would be working overtime.
Business
1 answer:
sergiy2304 [10]3 years ago
4 0

You need to know how many hours it took these workers to make the rugs to determine the labor cost.

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Digger Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year.
kozerog [31]

Answer:

Predetermined overhead rate=$19.5/machine hour

The company applied  $877500 to the units produced.

Explanation:

a) Pre-determined overhead rate= <u>Budgeted overhead manufacturing cost</u>

                                                         Estimated number of machine hours

                                                    =975000/50000=$19.5/machine hour.

b)Applied overhead = Pre-determined overhead rate * Actual machine hours

                               = 19.5 * 45000

                              =$877500.

c.

In traditional costing we use as base for calculating overhead rate is machine hours or labor hours but in activity based costing we identify activity that consume resources,identify cost driver of each activity,compute cost rate per cost driver unit and finally assign cost to products by multiplying cost driver rate.

Predetermined overhead rate= estimated overhead/Estimated base (cost driver).

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3 years ago
________ is shown on a multiple-step but not on a single-step income statement.
puteri [66]

Answer:

Cost of goods sold.

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2 years ago
When a company uses computer software to extract large amounts of data from social media platforms, it is using ______
Citrus2011 [14]
The answer is web scraping
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3. Analyze. Explain how scarcity is related
frosja888 [35]

Scarcity is the condition wherein the mean to and end (that is resources required to achieve set goals) are limited in relation to the goals that need to be achieved.

Because of the above, one has to carefully make their choice while allocating the resources accordingly.

<h3>What is opportunity Cost?</h3>

When a choice is made between two competing alternatives, it means that one alternative has to be foregone. The alternative foregone is called the Opportunity Cost.

<h3>What is a rationing device?</h3>

A rationing device is a system that determines who receives what of limited commodities and resources.

Price is one of the most regularly employed rationing techniques in a capitalistic (market-based) economic system.

Those who are willing and able to pay the price for a certain commodity (or resource) can obtain it.

Learn more about Scarcity:
brainly.com/question/4747543
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8 0
1 year ago
You have a significant amount of debt due to a medical issue. Your job is secured
Harrizon [31]

Answer:

yes

Explanation:

they are both professionals and either of their opinions/ suggestions would have been good, but if they both agree it's even better

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