Answer:
the overhead rate is $50 per machine hour
Explanation:
The computation of the overhead rate is shown below:
Predetermined overhead rate
= Estimated total Overhead ÷ Estimated total machine hour
= $10,000,000 ÷ 200,000 hours
= $50 per machine hour
hence, the overhead rate is $50 per machine hour
The same should be considered and relevant
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Five is C four is C threes is B two is D one is C
Answer:
The numeric response for the question using real numbers rounded to one decimal place is given as below.
Explanation:
Tax incidence for almonds is (12 / (12 + 0.47)) = 0.96
for cotton (0.73 / (0.73 + 0.68)) = 0.52 and
for processing tomatoes is (0.64 / (0.64 + 0.26)) = 0.71
Answer:
The answers are:
A) 25.23 million people
B) 70.28%
C) 4.92 million people
D) 19.50%
Explanation:
Laborland's total labor force can be calculated by adding those who are employed and those who are unemployed but were searching for a job during the last month.
- 4.6 million (part-time employed) + 15.71 million (full-time employed) + 3.2 million (looked for a job two weeks ago) + 1.72 million (looked for a job between two and four weeks ago) = 25.23 million people
Laborland's labor force participation rate can be calculated by dividing the labor force by the total population.
- (25.23 million / 35.9 million) x 100% = 70.28%
Laborland's total unemployed can be calculated by adding the number of people without a job that searched for a job during the last month.
- 3.2 million + 1.72 million = 4.92 million people
Laborland's unemployment rate can be calculated by dividing the total number of unemployed people by the total work force.
- (4.92 million / 25.23 million) x 100% = 19.50%