Answer:
125%
Explanation:
The computation of predetermined overhead rate is shown below:-
Manufacturing overhead = $4,090 - ($570 + $370 + $600 + $800)
= $4,090 - $2,340
= $1,750
Total direct labor = $600 + $800
= $1,400
Manufacturing overhead = Predetermined overhead rate × Direct labor
Predetermined overhead rate = Manufacturing overhead ÷ Direct labor
= $1,750 ÷ $1,400
= 125%
Therefore for computing the predetermined overhead rate we simply divide the manufacturing overhead by direct labor.
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Answer:
Zero-cupon bond= $612.52
Explanation:
Giving the following information:
Face value= $1,000
Number of periods= 5 years
Interest rate= 10.3% = 0.103
<u>To calculate the price of the bond, we need to use the following formula:</u>
<u></u>
Zero-cupon bond= [face value/(1+i)^n]
Zero-cupon bond= [1,000 / (1.103^5)]
Zero-cupon bond= $612.52
Answer:
d. The cost of producing blue jeans will fall, and the supply curve for blue jeans will shift to the right
Explanation:
If the price of cotton falls, the cost of producing blue jeans would fall. As a result of the fall in the cost of production, more producers would be attracted to the industry and production would increase. Increase in supply of blue jeans would shift the supply curve to the right.
I hope my answer helps you
Cans of soup are charitable contributions. giving money to the poor is a form of charity.