Answer:
d. no individual buyer or seller has any significant impact on the market price.
Explanation:
A competitive market is a market in which there are many buyers and many sellers so that each has a negligible impact on the market price.
Answer:
Overhead at the end of the year was $3,570 under-applied
Explanation:
For computing the ended overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $521,220 ÷ 21,900 hours
= $23.8
Now we have to find the actual overhead which equals to
= Actual direct labor-hours × predetermined overhead rate
= 21,750 hours × $23.8
= $517,650
So, the ending overhead equals to
= Actual manufacturing overhead - actual overhead
= $521,220 - $517,650
= $3,570 under-applied
Answer:
I am unsure of the answer but it can be narrowed down to B D or E because the GDP would decrease.
Answer:
1. The margin for Alyeska Services Company: 27.37%
2. The turnover for Alyeska Services Company= 49.45%
3. The return on investment (ROI) for Alyeska Services Company = 13.54%
Explanation:
Please find the below for detailed explanations and calculations:
1. The margin for Alyeska Services Company = Net operating income / Sales = 4,900,000/17,900,000 = 27,37%;
2. The turnover for Alyeska Services Company= Sales / Average operating income = 17,900,000/36,200,000 = 49.45%;
3. The return on investment (ROI) for Alyeska Services Company = Net operating income/Average operating income= 4,900,000/36,200,000= 13.54%
Answer:
Create a daily schedule and reward herself for sticking to it
Explanation:
The strategy that Olivia could use to help manage her time is to create a daily schedule and reward herself for sticking to it because she has different things to do and the best way to complete everything is to organize the time in which she is going to perform each activity and follow that plan so she will be able to have enough time. Also, if she rewards herself for following the schedule, she would be motivated to continue doing it.
