Answer:
Direct materials and direct labor.
Explanation:
A variable cost is the one that vary depending on the level of production or sales. The cost increase or decrease according to the level of volume change.
The variable costing charges only direct costs (material, labour and variable overhead costs) into the cost of a product. It is lower than the cost calculated under absorption costing, that also include fixed manufacturing overhead.
Fixed manufacturing overhead is considered as a periodic cost and charged from the periodic gross profits.
Answer: The consumer price index will increase, but the GDP deflator will not increase.
Explanation:CPI(Consumer p ice index) is a concept used in Macroeconomics to mean the weighted average of the prices of
A basket of consumer goods and services.
GDP(gross domestic product) Is the value of the entire goods and services rendered within an economy over a given period of time.
GDP Deflator determines the price changes of all goods and services produced within an country.
As the price of Italian shoes imported into the Unites States of America rises the CPI INCREASES BUT THE GDP DEFLATOR WILL NOT INCREASE.
<h2>Type of business for Juanita </h2>
The type of business best for Juanita to start as a sole proprietorship. This type of business is to purchase or rent the required equipment for the business. For becoming a sole proprietorship it also needs to set up some statements registering that Juanita is starting a business.
She also requires to obtain a consent or license from the local government regarding the business she is willing to start. There are many advantages Juanita would have when starting her own set up which may include being her own boss, retention on the company's entire profit and no special taxes to be paid.
You want to record all of that stuff inna journal
Answer:
The answer are:
- $62.50 per direct labor hour - for preparation department
- $33.33 per direct labor hour - for processing department
Explanation:
To calculate the departmental overhead cost per direct labor hour we must divide the total overhead cost over the total amount of direct labor hours.
Preparation department: $25,000 / 400 DLH = $62.50 per DLH
Processing department: $20,000 / 600 DLH = $33.33 per DLH
