Answer:
Total overhead $
Indirect material ($0.5 x 200,000 units) = 100,000
Utilities ($0.25 x 200,000 units) = 50,000
Supervisory salaries = 60,000
Building rent = 80,000
Total overhead 290,000
Overhead rate = <u>Budgeted overhead</u>
Budgeted direct labour hours
= <u>$290,000</u>
100,000 hours
= $2.90 per direct labour hour
Explanation:
In this case, we need to obtain the total overhead, which is the total of indirect material, utilities, supervisory salaries and building rent.
Then, we will divide the total overhead by direct labour hours so as to determine the overhead rate.
Answer: Collectivist culture
Explanation: In a collectivist culture, the needs of a community are valued over and above the needs of an individual. In such a culture, family is given high importance by the individuals and traditions are followed strictly.
In the given case, A and W are brothers and also work together, and when there is one need the other helps him without any benefit as such. Therefore, we can conclude that they live in collectivist culture.
Checking account fit the description above. Checking account gives the owner unrestricted access to his account but have no or low interest rate.<span />
Answer:
Net financing cashflows are $ 35,000.
Explanation:
A company generates cashflow from three activities that are cash from operations , cash from financing activities and cash from investing activities. The company net cash flow is total of these above specified. So we can determine net financing cashflows from the equation given below.
<em>total change in cash = net operating cash flows + net investing cash flows + net financing cash flows</em>
net financing cash flows = $ 35,000
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