The predetermined overhead allocation rate for the year is $29.40
The predetermined overhead allocation rate is referred to as the allocation rate that is used in the application of the estimated cost of manufacturing overhead to the job orders or products.
From the complete question, the predetermined overhead allocation rate will be calculated thus:
= Estimated manufacturing overhead / Estimated direct labor hours
= $105840 / 3600
= $29.40
Therefore, the predetermined overhead allocation rate is $29.40.
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Answer and explanation:
It is true that the corporation issue only private stocks but their shares do not trade on public exchanges and are not issued through an initial public offering.
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The saving rate from the highest to the lowest would be :
Traditional Banks +/- 5 % of rates
Online banks +/- 4 % of rates
Credit Union +/- 2.5 % of rates
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A business acquisition occurs when, for practical purposes, one firm purchases another.
<h3>What is acquisition?</h3>
- A company makes an acquisition when it buys the majority or all of the shares of another company in order to take over that business. The acquirer can make choices on newly acquired assets without the consent of the target company's other shareholders if they purchase more than 50% of the target company's stock and other assets.
- Acquisitions can happen with or without the target company's permission and are quite common in business. The approval process typically includes a no-shop restriction.
- Because these enormous and major transactions frequently make the news, we frequently hear about the acquisitions of large, well-known corporations. In actuality, small- to medium-sized businesses merge and acquire one another more frequently than giant corporations.
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Answer:
The correct answer is option b.
Explanation:
A firm is able to maximize it's profit by producing output at the level where the marginal revenue earned from the last unit of output is equal to marginal cost incurred on it.
If a firm is operating at the point where the marginal revenue is lower than the marginal cost then the firm can maximize profit by reducing its output till the point where the marginal revenue and marginal cost are equal.
