Answer:
Predetermined manufacturing overhead rate= $1.961 per direct material dollar
Explanation:
Giving the following information:
At the beginning of a year, a company predicts total direct materials costs of $1,020,000 and total overhead costs of $1,220,000.
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 1,220,000/1,020,000
Predetermined manufacturing overhead rate= $1.961 per direct material dollar
Answer:
$(123,000) + $(29,000)= $(152,000)
Explanation:
Discontinued operations are those operations of segment of a company where a formal plan exists to eliminate it from the company.
The revenues, gains, expenses, and losses pertaining to the discounting business segment are removed from the company's continuing operations and are reported separately on the company's income statement.
Hence, operating loss of $ 123,000 and impairment loss of $ 29,000 will separately be reported on income statement of the company.
Future estimated operating losses do not become part of the income statement.
Answer: a. rise, the supply of bread to decrease, and the demand for potatoes to increase.
Explanation:
According to the Economic law of SUPPLY AND DEMAND, less supply means HIGHER prices simply because the good is becoming scarce not unlike fuel during global oil shortages.
Now, we are told that the drought reduced the supply for wheat which means the SUPPLY of wheat has DECREASED and this will translate to the SUPPLY of Bread DECREASING as well. According to the aforementioned law, prices of Bread will therefore RISE.
Since Bread prices have risen, people will seek alternatives to bread as they may not want to pay the high price. This will lead them to choosing the alternative to bread which in this case are Potatoes which would therefore INCREASE the DEMAND for potatoes.
Answer: $23,000+ $8000+ $1000 - $4000= 28,000
If inflation is lower than expected, it would benefit the union and it would be a disadvantage to Friendly Airlines because the real wage increase would now be 4%.
<h3>What is inflation?</h3>
Inflation is when there is a general increase in the general price level of an economy. If inflation turns out to be lower than expected, the employers would be at a disadvantage while the employees would be at advantage because there would be an increase in their real wages.
Increase in real wage = real increase in wage + (expected inflation + actual inflation)
3% + (6% - 5%) = 4%
To learn more about inflation, please check: brainly.com/question/15692461
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