Answer:
$33.33
Explanation:
The computation of the predetermined overhead rate is shown below: In this question, we have to apply the formula that is presented below:
Predetermined overhead rate = (Total estimated overhead) ÷ (estimated direct labor-hours)
= $2,500,000 ÷ 75,000 direct labors hours
= $33.33
Simply we divide the anticipates total overhead by the anticipated direct labor hours
Answer:
Purchase Decision Process
Explanation:
The purchase decision process is the one through which the a buyer makes his decision of buying a certain product.
This consumer buying process has five step which they use to make their decision, are following;
- Need or Problem Recognition.
- Information Search.
- Evaluation of Alternatives.
- Purchase Decision.
- Post-Purchase Evaluation.
I hope the answer is helpful.
Thanks for asking.
Answer:
YESSSSSS I DOOOOOO THAT THING WAS WERIDDDD
Answer:
The Pandemic has made chicken more expensive, in order to offset this effect to consumers, government subsidized the price of chickens by a per-unit subsidy. If it wants to study the substitution effect of this subsidy, the government should imposed a Lump-sum tax.
False
Explanation:
The government should have imposed a lump-sum subsidy if it really wanted to study the substitution effect of the subsidy instead of imposing a lump-sum tax. This subsidy should be granted to chicken farmers to reduce their production costs, which will in turn reduce the cost of chicken to the consumers. A lump-sum tax sounds like a contradictory effort to offset the high cost of chicken on the consumers.