Answer:
Option (C) is correct.
Explanation:
Given that,
Estimated overhead cost = $1,540,000
Estimated direct labors (in dollars) = $3,360,000
Estimated direct labor hours = 240,000
Actual overhead cost = $1,240,000
Predetermined overhead rate:
= Estimated overhead cost ÷ Estimated direct labor hours
= $1,540,000 ÷ 240,000
= $6.42 per direct labor hour
Answer:
The answer is: Emotional intelligence
Explanation:
A person with emotional intelligence is able to identify and manage his own emotions and the emotions of the people around him.
Usually they are very perceptive of other people's emotions, and when they use their abilities correctly, they can improve the performance of those around them. For example, sometimes a compliment or some nice words can do a lot to boost an employee's self esteem and efficiency.
This is a very useful trait in modern management, since modern workplaces rely more on open communications and team work.
The adjusted balance in the Accumulated Depreciation account at the end of 2019 is <u>$14,000</u>.
<u>
Explanation</u>:
<em><u>Given</u></em>:
Cost of van= $32,000
Estimated residual value= $3,200
Straight-line Depreciation Rate= 1/8
= 0.125
Straight-line Depreciation Rate= 12.5%
Declining Balance Rate = 2 ×12.5%
= 25%
Double declining balance can be calculated with the following formula:
2 x basic depreciation rate x book value
By applying the values,
The adjusted balance in the Accumulated Depreciation account= $14,000.
Answer:
$110
Explanation:
The contribution margin per unit refers to the revenue available per unit to pay for fixed costs and profits.
The formula for contribution margin is selling price per minus variable costs per unit.
, i.e., contribution margin = selling price -variable costs
=$150-$40
=$110
