Answer:
$4,200 over applied
Explanation:
For computing the over applied overhead, first we have to find out the predetermined overhead rate which is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $327,080 ÷ 14,800 hours
= $22.1
Now we have to find the actual overhead which equal to
= Actual direct labor-hours × predetermined overhead rate
= 13,900 hours × $22.1
= $307,190
So, the overhead over applied would be
= Actual manufacturing overhead - applied overhead
= $302,990 - $307,190
= $4,200 over applied
Answer:
A.
Explanation:
Since not everyone in a given community would be inclined to pay for a public good, everyone could be made to pay for it through tax.
Answer:
Price ceiling
Explanation:
When the government imposed a price ceiling in a market of goods which means that price set by the government lies below the equilibrium price of an economy. Price ceiling results in a higher demand for the goods because people wants to buy more quantity of goods at a lower price. But supplier of the goods wants to reduce supply as it will become less profitable for the producers to sell the product at a lower price.
Answer:
increases as the price falls
Explanation:
A. increases as the price rises
B .at $8.00 a DVD is 8 DVDs a month
C. at $6 a DVD is less than the quantity demanded at $8.00 a DVD
D. increases as the price falls
E .at $6.00 a DVD is 4 DVDs a month
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
As price decreases, quantity demanded increases
Answer:
B-False
Explanation:
After the retrospective discussion all the improvement items discussed are placed in the Product Backlog. To ensure continuous improvement, the next sprint backlog ( & not the current one) should include at least one high priority process improvement which was identified in the previous Sprint Retrospective meeting.
