Answer: a. $39,304
Explanation:
Let us begin by calculating the yearly phone bill.
$63 per month so that is
= 63*12
= $756
A total of $756 per year is spent on the company phone.
Kailynn buys 4 sample kits at $235 per kit.
= 235*4
= $940 in total for the kits last year.
Add the two figures to get her total expenditure from the company.
=940+756
= $1696
Subtract this from her total job benefits,
=$41,000 - $1696
= $39,304
$39,304 was her total employment compensation.
Answer:
<em>When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.</em>
Explanation:
When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.
Absorption costing system is that where units of products and inventories are valued using full cost. Full cost implies that each product would be charged for an amount of the<em> fixed production overhead </em>in addition to the variable cost.
The fixed overhead is charged using a predetermined overhead absorption rate.
Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
Answer:
D. Capacity
Explanation:
In order to applying for a loan, the financial institution analyze the borrower information in terms of creditworthiness i.e. collateral property, cash on hand, repayment conditions, status of the job. These factors should be based on the capacity of the borrower whether he or she is eligible for a loan or not
Therefore according to the given situation, the option D is correct and the same is to be considered
Answer:
D. -4/5
Explanation:
Given that
Wage rate = $20 per hour
Cost of capital = $25 per hour
Recall that,
Slope of isocost = -(w/r)
Where,
W = wage rate
r = rental cost of capital.
Thus,
Slope of isocost curve
= -(20/25)
= -0.8 or -4/5
Note that, the negative of the ratio is the price of the two inputs. Also isocost is a line showing the various combinations of inputs which cost the same amount.
