- Direct costs are a price that can be linked directly to the manufacturing of certain goods or services.
- The cost object can be connected directly to a service, product, or department.
- Direct expenses often vary from different production levels, such example, inventories, which implies that they vary.
- Direct costs vary in expenses directly related to variable manufacturing costs With a production unit With production unit, fixed costs do not fluctuate.
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The agent will probably further inquire about the following to give you an estimate on auto insurance:
- Individual data.
- driving history
- additional background
<h3>A car insurance quotation is what?</h3>
A car insurance quotation is an estimate of your monthly premium. No two quotes will be identical, regardless of whether you provide Geico, Progressive, or any other carrier with the same information, as each insurer uses a separate algorithm to calculate a car insurance price.
<h3>What are the three things to think about while purchasing car insurance?</h3>
Particular Elements That Affect Your Rate
- Your driving history — drivers with a history of infractions or collisions are viewed as higher risk.
- Urban locations have more claims than rural areas in terms of your geographic territory.
- Your age and gender- Certain age groups and males have more claims and accidents, respectively.
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To find the answer, we first calculate the multiplier.
By using the equation,
ms= 1 ÷ (1 – MPC)
MPC = marginal propensity to consume = 0.8
ms= 1 ÷ (1 – MPC) = 1 ÷ (1 - 0.8)
= 5
Thus, the multiplier is 5.
An increase in government spending = $600 billion
Now, multiplied $600 billion by the multiplier, which is 5.
$600 billion x 5
= $3,000
Thus, the answer is $3,000 billion increase in real GDP.
Answer:
B Installment credit
Explanation: An installment credit loan can have a repayment period lasting from months to years until the loan is paid off.
Answer:
The company's plantwide overhead rate is 21.19%
Explanation:
given information:
indirect labor = $8,320,000
factory utilities = $155,500
machine hours = 400,000
to calculate the overhead rate, we can use the following formula
in this case.
the indirect cost = indirect labor + factory utilities
= $8,320,000 + $155,500
= $8,475,500
allocation measure = 400,000
thus,
= 21.19%
