Answer:
$27,000
Explanation:
The following costs were incurred by Smith's company during the month of March
Direct labor $53,000
Indirect labor 18,000
Salary of corporate vice president for advertising 25,000
Direct materials 48,000
Indirect materials 4,000
Interest expense 7,500
Salary of factory supervisor 3,000 Insurance on manufacturing equipment 2,000
Therefore the actual manufacturing overhead for March can be calculated as follows
= Indirect labour + indirect materials + salary of factory supervisor + insurance on manufacturing equipments
= $18,000 + $4,000 + $3,000 + $2,000
= $27,000
Hence the actual manufacturing overhead for March is $27,000
Answer:
Yes. This is basis the type of the good.
Explanation:
For Example, a Luxury good will be bought only if it priced high and if it is priced less, no one will buy - Example gold.
Normal goods it is otherwise. They will swich for alternatives.
Answer:
1. Export the good
2. Domesctic producers
Explanation:
Export the good will be the logical thing to do as producers will gain for the higher price of the goodin foreign markets.
Answer:
The potential problem with samples that could explain this connection is:
Causality.
Explanation:
There are different problems with samples and sampling, including sampling bias, sample size, and explaining causality between two variables. Sometimes, small sample sizes can be used to draw conclusions, but the larger the sample size, the better. Likewise, the elimination of sampling bias increases the accuracy of research conclusions. Most importantly, while a relationship or correlation may exist between two variables, it does not necessarily imply or explain that one variable causes the other.
B. 3
You can find the answer by dividing 22 (number of children) by 10 (number of childer per person of staff). 22÷10=2.2
So, in order to have the licensing standard, you'd have to have 2.2 people. As people are treated as whole numbers you should always round up as by rounding down you'd not be licensed. so, you need 3 staff members for the 22 children. Now that you have the number of staff members that are needed you can divide 22 (number of children) by 3 (number of staff members needed), and this will give you the staff/child ratio for the centre when there are 22 children. 22÷3=7.3 → 1:7.3
