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GrogVix [38]
3 years ago
8

Give the entry to assign overhead to production for a given period, assuming that the overhead rate is 150 percent of direct lab

or cost and that $80,000 of direct labor cost was incurred in that period.
Business
1 answer:
JulsSmile [24]3 years ago
3 0

Answer:

                                       Dr.           Cr.

Work in process          120,000

Production overhead                 120,000

Explanation:

Given data:

Overheard rate = 150 percent

Direct labor cost = $80,000

Assigned Production overhead = Direct labor cost x Overheard rate

Assigned Production overhead = $80.000 x 150%

Assigned Production overhead = $80.000 x 1.50

Assigned Production overhead = $120.000

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Drawing tree diagrams. After taking a course on statistics, 88% of students can successfully construct tree diagrams. Of those w
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Answer:

A. Check the image

B. The probability that a student is able to construct a tree diagram if it is known that he or she passed is 79.2%

Explanation:

a) A tree diagram is a tool that simplifies the distribution of probabilities. So we start making branches (lines) according to the probability of each succes to happen, so in this case we first divide the tree diagram between those who can construct tree diagrams that represent the 88% so it means it has a probability of 0.88 and those who can't construct tree diagrams, so if 88% can  just 12% can't construct tree diagrams that is a probability of 0.12.  This is the first part of the tree diagram.

After that tere is another condition that is passing so for those who construct it is the 90% (0.9 probability) for passing, so in this group it is just 10% (0.1 probability) that doesn't pass. Now for those who don't construct tree diagrams, 60% (0.6 probability) pass so 40% losses (0.4)

See in the diagram that if you add the numbers that compound each of the vertices the result is a 100% or 1.0 probability, this is what you have to take into account when you are constructing a tree diagram.

b) For calculating a probability after constructing the tree diagram you just need to multiply each of the factor in which you are interested. In this case:

Construct tree diagram X Pass = 0.88 x 0.9 = 0.792

So the probability for a student that can construct a tree diagram to pass is 0.792, now for having in percentage we just need to multiply by 100% then:

0.792 x 100 = 79.2%

4 0
3 years ago
an article titled “What the Top 1% of Earners Majored In,” that 8.2% of Americans who majored in economics for their undergradua
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Your economics training provides you with a terrific set of job skills, and in fact the economics major provides you with virtually all of the top ten most important job skills.

Economics are not restricted to one specific job category. Thus you have a wide variety of employment choices available to you. Because you have both quantitative as well as qualitative skills, however, it is natural to exploit your comparative advantage and find a position that utilizes both sides of your training.

The job market recognizes the special job skills that a major in economics provides. 80% of graduates in economics receive starting salaries in the range of $24,800-42,000 (

8 0
4 years ago
Providing incentives for enterprise social network adoption and use is under the ________ best practice.
V125BC [204]

Providing incentives for enterprise social network adoption and use is under the strategy best practice.

<h3>What is enterprise social network?</h3>

Enterprise social networking refers to an organization's use of social media (internally and externally), to connect individuals who share similar business ideas.

Examples of enterprise social network include:

  • IBM's Connections
  • Cisco's Webex Social

Hence, providing incentives for enterprise social network adoption and use is under the strategy best practice.

Learn more about enterprise social network here brainly.com/question/20115584

6 0
2 years ago
As the labor market became more competitive in the later 19th century, employers began to offer all of the following EXCEPT:
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<span>As the labor market became more competitive in the later 19th century, employers began to offer all of the following except for letter C. Vacation Days. 
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3 years ago
A health drink company is known for launching drinks with flavors which are different from what are offered in the market. It re
Igoryamba

Answer:

D) It invests heavily in advertising and brand building.

Explanation:

One of the greatest step to take in establishing a strong presence in the market place is putting in great efforts towards innovative advertising and ensuring one's brand is built strong, that way, there is established trust and consumers will stay faithful to your brand.

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3 years ago
Read 2 more answers
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