Higher price level will result in a decrease in the quantity of real GDP demanded
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:
dollar cost averaging
Explanation:
Dollar cost averaging is a type of investment plan where the customer (investor) will contribute a specific amount of money every fixed period of time. In this case, our investor is investing $250 every month regardless of the price of the securities that she is investing in. Some months she will be able to buy more or fewer securities than other months.
Answer:
$4.4 million
Explanation:
The ending retained earnings of Lambert incorporation increases by $1.8 million
The net income earned during the year is $5.4 million
Therefore the amount of dividend declared and paid by Lambert incorporation can be calculated as follows
= $5.4 million - $1.8 million
= $4.4 million
Answer:
The correct answer is the third option: High Yield Savings Account.
Explanation:
To begin with, the name of <em>"High Yield Savings Account"</em> refers to a financial tool whose purpose is to act as a deposit account in order to save money with the plus of getting a higher interest rate than in other traditional saving accounts and also offers better returns than traditional checking accounts. Moreover, this typo of account does also tends to come with no monthly fees and low fees for certain situations like having non-sufficient funds. That is why this is best option for Jordan in order to save the money that he inherited.
