Answer:
Predetermined manufacturing overhead rate= $29 per machine hour
Explanation:
Giving the following information:
Estimated machine-hours 33,100
Estimated variable manufacturing overhead $5.72 per machine-hour
Estimated total fixed manufacturing overhead $770,568
<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= (770,568/33,100) + 5.72
Predetermined manufacturing overhead rate= $29 per machine hour
Answer:
$26,747.48
Explanation:
In this question we use Present value formula that is shown in the attachment
Kindly find it below.
Given that,
Future value = $0
Rate of interest = 7.1% ÷ 12 = 0.59166%
NPER = 7 years × 12 = 84
PMT = $405
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the price paid for a new car today is $26,747.49
Answer:
Advantage in competition. ( competitive advantage)
Explanation: Whenever a hospital is more equipped or fully equipped with tools, machines, and any other factor that favors the saving of lives, that hospital will mostly have the upper hand in competition against it's rivals. It is safe to say a heart patient who is facing a life threatening situation would rather be taken to such a hospital for quick response to save their lives. A hospital less equipped with these kind of machines , especially those needed in critical moments like defibrillating someone who is experiencing cardiac arrest, will less likely be a first choice to treating patients of these nature. In critical moments like these a hospital better equipped will always be the first choice, disregarding other factors like cost. Now distance could be critical, but again, almost always if the distance is not too long then the better equipped gets the patients.
The court hearing the case may determine whether Lamont is a merchant by assessing whether Lamont:
1. Employed in the deal with Ted others who have the status of a merchants.
2. Is a person who deals in shoes.
3. Is a person who by occupation hold himself out as having knowledge or skills unique to the shoes involved in the transaction.
Before Lamont can be subjected to special business standard in court, it must be confirmed whether he is truly a business man as he claimed and the steps above are the ones that will be looked into to confirm his status as a business man.<span />