Answer:
Predetermined manufacturing overhead rate= $33.1 per direct labor hour
Explanation:
Giving the following information:
Salary of factory supervisor $37,800
Heating and lighting costs for factory $22,900
Depreciation on factory equipment $5500
The company estimates that 2000 direct labor hours will be worked in the upcoming year.
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (37,800 + 22,900 + 5,500) / 2,000
Predetermined manufacturing overhead rate= $33.1 per direct labor hour
Answer:
the gross domestic product is $9,700
Explanation:
The computation of the gross domestic product is shown below
= Consumption spending + government spending + gross investment + exports - imports
= $6,000 + $1,200 + $1,500 + $2,000 - $1,000
= $9,700
Hence, the gross domestic product is $9,700
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
$5
Explanation:
Equilibrium is when the quantity demanded equals the quantity supplied.
At $5, quantity demanded = quantity supplied = 6
At the other prices, quantity demanded isn't equal to quantity supplied.
I hope my answer helps you
Answer:
The correct answer is letter "C": Strong form.
Explanation:
The Efficient Market Hypothesis (EMH) is the theory that beating the market is impossible because current stock prices reflect all the information investors need to trade the markets. Technical and fundamental analysis remain useless in trying to predict future price action.
The EMH could be classified as the <em>Weak, Strong, </em>and <em>Semi-Strong EMH</em>. The strong form of the EMH establishes that insider information and public information are already in the current stock price, then, there is no special data that could provide an advantage to an investor to take advantage of the market.
In such a case,<em> the strong form of the EMH is opposed to the idea given in the example since it is proposing insider information gives employees an advantage to make large profits before the information of trial drugs is spread among the public.</em>
This is true. Macroeconomics studies the entire economy as a whole while microeconomics studies specific aspects of the economy.
