Answer:
The correct answer is $28.
Explanation:
According to the scenario, the given data are as follows:
Estimated indirect cost = $170,000
Direct labor hours = 6,000 hours
Direct hour rate = $250
So, we can calculate the predetermined overhead allocation rate per direct labor hour by using following formula:
Predetermined Overhead allocation Rate per direct labor hour = Estimated Indirect cost / Total direct labor hour
= $170,000 / 6000 hours
= $28.33 per hour
= $28 per hour.
Hence, the predetermined overhead allocation rate per direct labor hour is $28.
Frictionally unemployed describes their employment status.
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Explanation:
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Frictional joblessness is constantly present in the economy, coming about because of transitory changes made by laborers and bosses. Frictional joblessness is a piece of the general work picture, including common joblessness, which is the base joblessness rate in an economy because of monetary powers and willful development of work.
In any case, common joblessness mirrors the quantity of laborers that are not utilized as a result of an absence of ability or were supplanted by innovation. Frictional joblessness, then again, is from intentional moves by laborers yet is remembered for common joblessness since it speaks to the base degree of joblessness in an economy.
The frictional joblessness rate is determined by partitioning the laborers effectively searching for employments by the complete work power. The laborers effectively searching for employments are ordinarily arranged into three classifications: laborers who found employment elsewhere, individuals coming back to the workforce, and new participants.
Ongoing alumni from school or first-time work searchers may do not have the assets or proficiency for finding the organization that has the activity that is accessible and reasonable for them. Thus, they don't take other work, incidentally waiting for the better-paying employment.
Answer:
Letter c is correct. <u>Substituition bias.</u>
Explanation:
Substitution bias is characterized as a problem regarding the price index of a particular good, as consumer behavior can be changed relative to the price of a particular good by changing its consumption from a more expensive product to a cheaper substitute product.
The concept of the substitution bias problem relates to consumer choice theory, which is a macroeconomic theory that describes consumer purchasing decisions and how changes in the environment influence their decisions.
Answer:
$24,500
Explanation:
Given that,
Maturity value of bonds outstanding = $270,000
Unamortized discount = $11,000 they were called in at 105.
Net carrying amount of bonds redeemed:
= Maturity value - Unamortized discount
= $270,000 - $11,000
= $259,000
Re-acquisition price:
= Maturity value × Called at 105
= $270,000 × 1.05
= $283,500
Loss on redemption:
= Re-acquisition price - Net carrying amount of bonds redeemed
= $283,500 - $259,000
= $24,500
Answer:
True.
Explanation:
A functional organisation focuses on grouping staff according to their areas of specialisation, and the project manager is an expert in that field. This is to ensure the project manager can effectively supervise the staff to deliver quality work.
There is less emphasis on the manager's powers of resource control.
However in projectized organisation the project manager has a lot of authority for budgeting, personnel, and decision-making.
