Answer:
Results are below.
Explanation:
<u>To calculate the activities rates, we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Designing= 452,795 / 11,900= $38.05 per designer hour
Sizing and cutting= 4,231,150 / 157,000= $36.95 per machine hour
Stitching and trimming= 1,501,000 / 79,000= $19 per labor hour
Wrapping and packing= 327,050 / 31,000= $10.55 per finished unit
Answer: diminishing marginal product
Explanation:
A. When a firm in the market increase its level of production it results in reduction of cost which is called economies of scale.
B. Increase in cost that resulted due to unnecessary increase in level of production is called diseconomies of scale.
C. Increasing marginal product can be defined as the increase in output resulting due to employment of one more unit of input such as labor.
D. Diminishing marginal product can be defined as the decrease in output resulting due to employment of one more unit of input such as labor.
From the above explanation we can conclude that right answer is diminishing marginal product .
Answer:
$21,770
Explanation:
The computation of cost of goods sold is shown below:-
= (1,950 × $22) + (2,200 × $21) + (1,050 × $23)
= $42,900 + $46,200 + $24,150
= $113,250
Total number of units for sale = 1,950 + 2,200 + 1,050
= $5,200
Weighted average cost per unit = Cost of units available for sale ÷ Number of units available for sale
= $113,250 ÷ $5,200
= $21.77
Cost of goods sold = Sold units × Weighted average cost per unit
= 1,000 × $21.77
= $21,770
They are<u> small fixed copayments</u> or <u>spend-down copayments</u>.
A state may mandate either a small fixed copayment or a copayment that decreases over time.
The cost of approved therapies is split between the insurance plan and the patient through the use of copayments, which are predetermined cash amounts set by the insurance plan. The cost-sharing arrangement of each plan is a significant selling point.
Cost sharing essentially comes in three flavors.
Copayment: There is a defined price for particular kinds of office visits, prescription drugs, or other services.
Coinsurance is the term for a percentage of the overall cost of a covered medical procedure.
To learn more about copayment
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Answer:
the monetary base is $150 billion
Explanation:
The computation of the monetary base is shown below:
Monetary base is
= Currency held by the public + reserve held by the banks
= $100 billion + $50 billion
= $150 billion
Hence, the monetary base is $150 billion
We simply applied the above formula so that the correct value could come
And, the same is to be considered
