Answer:
Job 301 $ 11,000
Job 302 $ 16,500
Job 303 $ 22,000
Explanation:
To calculate the overhead rate <u>we divide the estimated overhead cost by the estimated cost driver:</u>
0.55 overhead rate
Job 301 $20,000 labor cost x 0.55 overhead rate
11,000
Job 302 $30,000 labor cost x 0.55 overhead rate
16,500
Job 303 $40,000 labor cost x 0.55 overhead rate
22,000
Answer:
Number of loads and distance the load move between the work centers.
Explanation:
A process oriented layout is a method employed by manufacturing companies. It is utilized by companies that manufacture their products in large quantities.
This method is use to organise the work stations on the basis of the different activities carried out by the workers in each station.
The advantages of process oriented layout method include:
- It does not involve a high rate of investment.
- It allows for proper supervision of workers.
- There is room for continous production.
- The equipments in the production process are fully utilized.
The correct answer to this question is this one: "Secured Loan."
Howard's bank gave him a personal loan because they found him creditworthy. The type of loan that Howard should get is secured loan.
Answer:
The answer is B. Increasing
Explanation:
An increasing-cost industry is an industry whose costs for production increase as more companies compete.
Why is this so? - This is because each new company in the industry increases its demand for supplies and factors needed for production.
A decreasing‐cost industry is one where costs of production reduces as the industry expands.
