Answer:
Allocated MOH= $2,450,000
Explanation:
Giving the following information:
The predetermined overhead rate is $10.00/DLH
Actual direct labor hours= 245,000 direct labor hours
We were provided with the predetermined overhead rate, we need to allocate overhead to the period based on actual direct labor hours:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 10*245,000
Allocated MOH= $2,450,000
Answer:
The correct option is B, higher than the net operating income under variable costing
Explanation:
In calculating the net operating profit under variable costing, the fixed manufacturing cost of $15,000 is deducted as a whole in arriving at net profit.
However, under absorption costing method, only the goods sold are charged with their own portion of fixed manufacturing cost totaling $15,000
Fixed under variable costing method=$15,000
fixed cost under absorption costing method=$15,000/5,000*4500=$13500
Since fixed cost is lower under absorption costing method, net profit tends to be higher.
It is very important the professional e-mail should be follow proper guidelines of writing it. As professional e-mail reflects your business impression and creating a sense of trust.
Explanation:
- The first bracketed number signifies sender and receivers name details and the subject of the email to get a hint of the matter
- The second bracketed number is Salutation.
- The third number bracket indicates the purpose of sending this professional email or body of the message.
- Number four bracket is the middle passage of the e-mail which shows what you have to offer.
- Number five is the final paragraph of the e-mail where you say thanks or request the receiver of the email.
- Number six is email signature which has details like name, contact details (phone number or e-mail address) and professional site profile (LinkedIn)
Answer:
3.27% change in per capital real GDP between 2018 and 2019.
Explanation:
The Per capital real of GDP = Real GDP / Population
In 2016 Per capital real of GDP:
$1.21 Billion / 9.68 Million(change billion to million)
= $1,210 Million / 9.68 Million
= $125
In 2017 Per capital real of GDP::
$1.5 Million / 11.62 Million
= $1,500 Million / 11.62 Million
= $129.09
Therefore Growth in real GDP per capital = ($129.09 / $125) - 1
= 3.27%
Answer:
The answer is below
Explanation:
i) The price elasticity of demand is given by the formula:
Since the price elasticity of demand is greater than 1 hence it is elastic
ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.
iii)
Since the price elasticity of demand is greater than 1 hence it is elastic
