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Vanyuwa [196]
3 years ago
12

What is trend extrapolation? the process of converting intuition and hunches into reality. the extension of present trends into

the future. process of asking some authorities in the area to make an "informed guess" about the future. given a large amount of historical data on certain interrelated factors, one attempts to conceptualize alternative future detecting faulty underlying assumptions before forecasting errors can occur?
Business
1 answer:
Arada [10]3 years ago
3 0
<span>A trend extrapolation is detecting faulty underlying assumptions before forecasting errors can occur. This is to allow forecasters to place  a trend that is evident over time, and then calculate it forward base on the calculated data relating rates of change. An example is detecting the climate of the day. Forecasting it is not easy since analysts have to extrapolate the past data to predict the future event. </span>
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Beneficiaries are responsible for of prescription costs
Oksi-84 [34.3K]

Answer:

In general, beneficiaries are responsible for paying the following for a Medicare Prescription Drug Plan:  

Monthly premiums

Annual deductible

Copayments or coinsurance

A small copayment for the rest of the calendar year after they reach a certain out-of-pocket amount

Explanation:

6 0
2 years ago
In determining basic earnings per share, dividends on nonconvertible cumulative preferred stock should be:a. deducted from net i
DiKsa [7]

Answer:

b. deducted from net income whether declared or not

Explanation:

The formula to compute the basic earning per share is shown below:

Basic earning per share = (Net income - preferred stock dividend) ÷ (weighted average of outstanding shares)

In the case of the non- convertible cumulative preferred stock, the dividend should be paid whether the business earns profit or loss. If the business does not earn any profit during a particular year, in that period the dividend amount is carried forward to next year.

So, the dividend arrears are to be paid to the cumulative preferred stock.

4 0
3 years ago
Koebel Corp uses a job order costing system with manufacturing overhead applied to products on the basis of direct labor hours.
Lynna [10]

Answer: See explanation

Explanation:

a. Calculate the predetermined overhead rate Overhead Rate per hour

Predetermined Overhead rate will be the estimated total manufacturing overhead divided by the estimated total direct labor hours. This will be:

= $ 921,600/51,200

= $ 18

(b) Calculate how much manufacturing overhead will be applied to production

Manufacturing overhead that'll be applied to production will be the predetermined overhead rate multiplied by the actual total direct labor hours. This will be:

= $ 18 × 48,900 direct labor hours

= $ 880,200

(c) Is overhead over- or underapplied? By how much?

The Actual Overhead Incurred = $902,900 while the manufacturing overhead applied = $880,200. This shows that overhead is underapplied due to the fact that manufacturing overhead applied is less than the actual overhead that is incurred.

Therefore, the amount of overhead that was underapplied will be:

= $ 902,900 - $ 880,200

= $ 22,700

(d) What account should be adjusted for over-or underapplied overhead? Should the balance be increased or decreased?

Based on the scenario in the question and the answers calculated, the cost of goods sold should be increased.

4 0
3 years ago
Which of the following statements successfully conveys the meaning of dollar votes? a concept that explains inflation and its ef
PSYCHO15rus [73]

Answer:

a concept that explains how a customer’s choices affect which products a business should continue to supply in the market    

Explanation:

In simple words, Dollar voting relates to the example used only to relate to the effect of consumer demand on the behavior of suppliers via the stream of consumer purchases for their commodities to the suppliers.

In the potential, goods which people purchase will continue to be made. Throughout the future, product lines which are not selling as well as anticipated will probably have fewer productive assets. Efficiently, customers vote for "finalists" as well as "whiners" with their transactions as per this metaphor.

6 0
3 years ago
Read 2 more answers
Kaia, a manager, studied the performances of the various business units of her organization. After making an assessment, Kaia ca
emmainna [20.7K]

Kaia's conceptual abilities are demonstrated by the aforementioned scenario.

<h3>What is the meaning of skills?</h3>

Ability to perform is referred to as skill. The abilities acquired to carry out particular tasks. It needs experience that has been developed through persistent work in certain areas.

Activities such as printmaking, photography, ornamental arts, music, painting, film, literature, and architecture were all considered skills.

Conceptual abilities are the Conceptual talents are the capacity to understand a complex circumstance or issue and offer a more unique and useful solution.

Thus, it may be said that the provided illustration demonstrates conceptual skills.

Learn more about Conceptual skills here:

brainly.com/question/4382381

#SPJ1

8 0
1 year ago
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