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DaniilM [7]
3 years ago
6

Pre-determined overhead rates are calculated by dividing estimates of total factory overhead cost in the upcoming accounting per

iod (usually a year) by an estimated usage or capacity of some unit of related activity (such as direct labor hours).
A. True
B. False
Business
1 answer:
Anna11 [10]3 years ago
3 0

Answer:

The correct option is A, true

Explanation:

The predetermined overhead absorption rate is a forecast overhead rate usually computed by estimated total factory overhead by the planned usage or capacity  of the unit of the activity.

This is more like planning ahead for the overhead to be incurred, hence the correct option is A , which truly supported that the statement made in the question

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What is the primary task of the Federal Reserve​
Murrr4er [49]

Answer:

The responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks.

7 0
3 years ago
Read 2 more answers
In its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and $950 million of retained earni
tatiyna

Answer:

$52,000,000

Explanation:

The computation of the dividend paid to the shareholders during the year is shown below:

As we know that

Ending retained earnings balance = Opening retained earning balance + net profit of the year - dividend paid

$950 million = $937 million + $65 million - dividend paid

$950 million = $1,002 million - dividend paid

So, the dividend paid is

= $1,002 million - $950 million

= $52,000,000

5 0
3 years ago
Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont
Snowcat [4.5K]

Answer:

The total amount that Rahul owes the bank at the end of the loan's term is $18,455.61

Explanation:

Hi, in order to find the total amount that Rahul will owe the bank in 3 months, we need to use the following formula (this is for a compounded daily rate).

FutureValue=PresentValue(1+\frac{r}{365} )^{\frac{n*365}{12} }

Where:

r = compounded rate (in our case, 10% compounded daily)

n = time in months of the loan

PresentValue = $18,000

Everything should look like this.

FutureValue=18,000(1+\frac{0.10}{365} )^{\frac{3*365}{12} }

FutureValue=18,000(1+0.000273973 )^{91.25 }=18,455.61

So, the total amount that Rahul owes the bank at the end of the loan's term is $18,455.61

Best of luck

5 0
3 years ago
In this photo, this phase of the moon is called
blondinia [14]

Answer:in this photo, this phase of the moon is called waning crescent.

The next phase will be new Moon.

About 27 days from now the phase will be waning crescent.

Explanation: Just did it on edge 2020 :)

8 0
3 years ago
Read 2 more answers
When Raoul Welsh is evaluating the construction industry in terms of interest rates, employment cycles, and the rate of new home
Mice21 [21]

Answer:

FALSE                                

Explanation:

Microeconomics refers to the branch of economics which examines the actions of persons and businesses in making choices about limited resource distribution and the relationships between these entities and industries.

Although microeconomics concentrates on companies and people, macroeconomics focuses on overall economic exercise, talking about issues of development, interest rates, and joblessness, and governmental policies on such concerns.

Thus, from the above we can conclude that the given statement is false.

7 0
3 years ago
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