Answer:
The amount of overhead applied during the year is $2,400,000
Explanation:
In determining overheads amounts to be included in product costing, a company uses Budgeted overheads.
Budgeted overheads are used rather than actual overheads because of the delays that are made to obtain Actual data for Actual overhead amounts which will delay product costing.
Therefore Using machine hours as a base, the amount of overhead applied during the year is $2,400,000
Answer:Flexible
Explanation:
According to the question, clothing store tracks the sale at each location so, they are taking a very large base of consumers and they are considering each consumer that is why the quality information is flexible.
Demands of each consumer may vary such that one wants cotton fabric, another wants polyester so this makes the information more flexible as it may vary largely.
Answer:
There were 9 cats at the shelter on Wednesday.
Explanation:
Per day cost to care for each cat = $2.00
Per day cost to care for each dog = $6.50
Total Cost on Wednesday = $44.00
Suppose
Number of cats = C
Number of dogs = D
According to given condition
C + D = 13 (Equation 1)
( each cat's per day cost x Number of cats ) + ( each dog's per day cost x Number of dogs ) = Total coat
2C + 6.5D = 44 (Equation 2)
Multiply (Equation 1) by 2 and we get
2C + 2D = 26 (Equation 3)
Subtract (Equation 3) from (Equation 2)
2C + 6.5D - 2C - 2D = 44 -26
4.5D = 18
D = 18/4.5
D = 4
by placing value of D in (Equation 1)
C + 4 = 13
C = 13-4
C = 9
Answer:
$395833
Explanation:
Calculation to determine How much money is the firm considering borrowing if the interest rate is 8 percent
Amount to borrowed=(95000 / 75000) = [95000 – (X * 0.08)] / 50000
Amount to borrowed=1.26 = [95000 – (X * 0.08)] / 50000
Amount to borrowed=63333.33 = 95000 – (X * 0.08)
Amount to borrowed=31666.65 = X * 0.08
Amount to borrowed=X=31666.65/0.08
Amount to borrowed=$395833.33
Therefore How much money is the firm considering borrowing if the interest rate is 8 percent will be $395833
Answer:
Risk can be thought of as the possibility of incurring a loss.
Explanation:
Loss.