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Rasek [7]
3 years ago
12

Class membership in the United States is determined to a much greater degree by individual background and schooling, as opposed

to economic achievements.True/false
Business
1 answer:
Marizza181 [45]3 years ago
4 0

Answer: False

Reason:

The class system in the United States is not largely dependent in determining the class membership by using the individual background. Just like in Europe, Asia and other countries, USA has defined its upper, middle class and lower classes and has separate assessment way just like other countries. The USA class membership is determined on the grounds of individual wealth and is not concerned with level of education.

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Mickley Company’s plantwide predetermined overhead rate is $20.00 per direct labor-hour and its direct labor wage rate is $15.00
Crank

Answer and Explanation:

The computation is shown below;

1.

Total hours for job A - 500

= Direct labor ÷direct labor wage rate

= $150 ÷ $15

= 10

Total over head cost = overhead cost per labor hours × no. of labor hours

= $20 × 10

= $200

total manufacturing cost = Direct materials cost + Direct labor cost + Total over head cost

= $280 + $150 + $200

= $630

2.  

Cost assigned to each unit

= total manufacturing cost ÷  number of units

= $630 ÷ 70

= $9

8 0
4 years ago
Imagine in a particular country several major financial institutions fail within a relatively short timeframe, and the country's
Veseljchak [2.6K]

Answer:

If decrease in demand for loanable funds was less than decrease in supply then interest rate will increase.

Explanation:

In the case when there is an increase in the uncertainity so the impact should be that it reduced the demand for the loanable fund and that should be less than the reduction in the supply due to this there should be the rise in the rate of the interest. Also we cant estimated the rate of interest whether it is increased or not but as per the theory of supply and demand if supply decreased more than the demand so the rate of interest should increased

5 0
3 years ago
5. Use excel?s irr function for this problem. Rancho cucamonga has a 6% cost of capital. The firm has an investment opportunity
Lera25 [3.4K]

IRR function for this problem exists 7. 7% and invest in the project.

<h3>What is the IRR function?</h3>

Microsoft Excel exists a spreadsheet designed by Microsoft for Windows, macOS, Android, and iOS. It features calculation or computation capabilities, graphing instruments, pivot tables, and a macro programming language named Visual Basic for Applications.

The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that emerge at regular intervals. Specify the internal rate of return. Return was computed as a percentage. =IRR (values, [guess]).

IRR stands for the interest rate at which the sum of all cash flows equals zero, thus it exists useful for comparing one investment to another. In the initial example, if we substitute 8% with 13.92%, the NPV evolves to 0, and your IRR becomes zero. As an outcome, IRR is described as the discount rate at which a project's NPV becomes zero.

IRR function for this problem exists 7. 7% and invest in the project.

To learn more about  IRR function refer to:

brainly.com/question/7920964

#SPJ4

4 0
2 years ago
If you wanted to work in the pharmaceutical industry, the only branch of chemistry that would be applicable is organic chemistry
ryzh [129]
The statement is FALSE.

Not only organic chemistry but also physical, inorganic, analytical, biochemistry and other branches of chemistry is applicable to the pharmaceutical industry.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
7 0
4 years ago
The following information applies to the questions displayed belowWarnerwoods Company uses a perpetual inventory system. It ente
Vadim26 [7]

Answer:

Gross profit under LIFO = $40,570 - $26,340 = $14,230

Gross profit under FIFO = $40,570 - $24,520 = $16,050

Gross profit under average cost = $40,570 - $26,238.46 = $14,331.54

Gross profit under specific ID = $40,570 - $26,070 = $14,500

Explanation:

I divided the purchases and sales:

Mar. 1 Beginning 130 units $51.60 per unit

Mar. 5 Purchase 240 units $56.60 per unit

Mar. 18 Purchase 100 units $61.60 per unit

Mar. 25 Purchase 180 units $63.60 per unit

Totals 650 units, $37,900

Mar. 9 Sales 290 units $86.60 per unit

Mar. 29 Sales 160 units a $96.60 per unit

Totals 450 units. $40,570

COGS under LIFO:

(240 x $56.60) + (50 x $51.60) = $16,164

160 x $63.60 = $10,176

total = $26,340

COGS under FIFO:

(160 x $56.60) + (130 x $51.60) = $15,764

(110 x $56.60) + (50 x $61.60) = $8,756

total = $24,520

COGS under average cost:

($37,900 / 650) x (290 + 160) = $26,238.46

COGS under specific ID:

(80 x $51.60 ) + (210 x $56.60) = $16,014

(60 x $61.60) + (100 x $63.60) = $10,056

total = $26,070

3 0
4 years ago
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