Answer:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)
Explanation:
Giving the following information:
The company's predetermined overhead rate of $2.40 per machine-hour was based on a cost formula that estimates $192,000 of total manufacturing overhead for an estimated activity level of 80,000 machine-hours.
To allocated overhead costs to a specific job, you need to multiply the estimated rate for the number of machine-hours required for the job.
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)
Answer:
aggregate demand curve; right
Explanation:
Inflation can be regarded as
when the level of price of goods/service increases for consumer to buy, it can be measured as a result of change in price. There are four types of level of inflation which are creeping, walking as well as galloping, and hyperinflation, which are measured base on speed. It should be noted that For a given level of inflation, if a rise in the stock market makes consumers more willing to spend (the wealth effect), then the aggregate demand curve shift right
Answer:
4
Explanation:
receivable turnover = net credit sales / average inventory
avarage iventory = ($761000 + $841000) / 2 = $801,000
$3,204,000 / $801,000 = 4
