Answer: $45 per machine hour
Explanation:
Company uses machine hours as its overhead allocation base and there were 106,000 machine hours planned.
The overheads are $3,800,000 for indirect labor and $970,000 for factory utilities.
The rate will therefore be;
= Total Overhead / Machine hours
= (3,800,000 + 970,000) / 106,000
= $45 per machine hour
Answer:
The correct answer is "Higher than, Lower than and Excess production theory".
Explanation:
Under Monopolistic Competition:
Average cost = 70
Production level = 50
Under perfect competition:
Average cost = 65
Production level = 70
- Excess capacities are a circumstance where an economic performance would be less than the commodity that somehow a company might offer to that same marketplace.
- Throughout terms of long-lasting balances, the commodity demand of such a monopolistic competition corporation is lesser than that of a complete business entity.
the answer i<span>a decrease in the price of green tea</span>
A demnad curve will shift to the right if the product is experiencing an increase in demand.
research that show a positive result of consuming the product, and the reduction of complement product would increase the overall demand of that product.
Reduction in the product's price usually followed by the reduction in supply and does not guarantee the demand curve to move to the right.
Answer:
They will have an Exogamous marriage.
Explanation:
Exogamous is a custom of marrying outside own social group or class. These marriage is based on personal choices rather than culture, language, caste, religion, class etc. Exogamous is not widely acceptable across different culture and society.
There are cultures which have penalty or punishment for Exogamous marriage. Endogamus is opposite of Exogamous, where it is mandatory to marry within one´s own group, class etc.
In this case, cate is a daughter of rich father, however Harry is a poor farmer. They belong to different class of society, yet they are planning June wedding. Therefore, we can say they will have an Exogamous marriage.
