Answer:
$42,680 under applied
Explanation:
The computation is shown below:
First, Calculate the predetermined overhead rate per hour which equals to
= (Estimated Overhead cost ÷ estimated machine hours)
= ($175,100 ÷ 25,600 hours)
= $6.84 per hour
So, the applied overhead equals to
= Predetermined overhead rate per hour × actual machine hours
= $6.84 per hour × 20,500 hours
= $140,220
So, the over/under applied overhead equals to
= Applied overhead - actual overhead
= $140,220 - $182,900
= $42,680 under applied
Rent, expenses made by office, telephone expenses, administrative salaries are the items that fall under indirect cost.
Explanation:
Indirect costs are those cost which are not accountable directly. Indirect cost can be either variable or fixed. Indirect cost are also known as overhead expenses.
Rent can act as both direct as well as indirect cost. If rent is given for the plant as well as machinery for a company which is use by manufacturing units directly fall under direct cost but in other way when the rent is given for various official purposes it will fall under indirect cost.
It is important to keep accurate financial records so true
Answer:
Frictional unemployment.
Explanation:
The type of unemployment which results from GE's decision is frictional unemployment. Frictional unemployment is when people are unemployed because they are moving from one job to another. In this case because the rest of the industry does not reduce it's employees the employees fired from GE are now in the process of finding others jobs in the industry.
195,000
An average of 195,000 people in the United States fall victim to hate crimes each year. This is according to FBI report in 2010. Fewer than 5% of this number report the crime.
A hate crime is a crime committed due to hate of personal biases. Majority of hate crimes are due to a person's race. Aside from this, people fall victim to hate crime because of his/her religion, sexual orientation, ethnicity, or disability.
