What are negative effects of importing goods

Miller Company expected to incur $ 15,000 in manufacturing overhead costs and use 6,000 machine hours for the year. Actual manuf

Vsevolod [243]

Answer:

The predetermined overhead allocation rate is $2.5 per machine hour

Explanation:

Predetermined overhead allocation rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is allocated. It is a rate at which the overhead is allocated to a product / project/ department.

Predetermined overhead allocation rate = Expected overhead / Expected activity

Predetermined overhead allocation rate = Expected overhead / Expected machine hours

Predetermined overhead allocation rate = $15,000 / 6,000 machine hours

Predetermined overhead allocation rate = $2.5 per machine hour.

8 0

3 years ago

Legendary Motors has 7,000 defective autos on hand, which cost $12,880,000 to manufacture. Legendary can either sell these defec

timofeeve [1]

Answer:

Net advantage to repair the autos=$9,680,000

Explanation:

For Scrap:

Total sale by selling defective pieces as scrap=$8,000*7000

Total sale by selling defective pieces as scrap=$56,000,000

For Repair:

Total sales by selling defectives after repair=$12,000*7000

Total sales by selling defectives after repair=$84,000,000

Additional Cost on repair=$18,320,000

Remaining on selling defectives after repair=Total Sales after repairing-Additional Cost on repair

Remaining on selling defectives after repair=$65,680,000

Net Advantage:

Net advantage to repair the autos=Remaining on selling defectives after repair-Total sale by selling defective pieces as scrap

Net advantage to repair the autos=$65,680,000-$56,000,000

Net advantage to repair the autos=$9,680,000

3 0

3 years ago

You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-lon

Scrat [10]

Answer:

$22

Explanation:

The total cost of skipping practice and going to the carnival will be computed by adding the forfeited earnings from practice plus the carnival admission fee.

Total cost = $13 + $9 = $22.

Therefore, if the practice had not been skipped and the carnival not attended, $22 would have been saved.

6 0

3 years ago

Many furniture stores run "going out of business" sales but never actually go out of business. Assume that furniture is sold in

tresset_1 [31]

Answer:

<h2>The correct answer here would be less than, minimum or option a. given in the answer options or list.</h2>

Explanation:

In Microeconomics,in the short run,the firm conventionally shuts down or runs out of business if the price charged by the firm to sell its product or service is at least equal or more than the minimum average variable cost.
If the price charged by firm to sell its product or service is less than the average variable cost,it essentially implies that the firm is unable to generate enough revenue to cover at least its minimum variable cost or expense or operation or production.
Therefore, in short run, in this case firm must maintain a price level for its furniture so that to covers at least the minimum variable costs of production in business to prevent shutting down or closing business. Otherwise,if the price is less than minimum average cost then the firm has to shutdown or run out of business.

7 0

3 years ago

In what way is the HR function important to the success of the everyday tasks in an organization? Discuss the competitive advant

pentagon [3]

Answer:HR plays a key role in developing, reinforcing and changing the culture of an organisation. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by HR

A diverse workforce is a more productive workforce, and your business can benefit from different perspectives, improved community relations and more creative ideas.

Workforce diversity can bring about an increase in productivity and competitive advantages. Employers can offer more solutions to customers because of new ideas and processes brought into the organization. Workplace diversity also increases employee morale and causes employees to desire to work more effectively and efficiently. Diversity in leadership within a firm allows managers to bring in new skills and methods for achieving unity within their teams.

Explanation: workforce diversity helps the organization to grow faster and also boost the morals of employees,for every organization that adopt diversity it's tends to be above other organizationbin level of productivity.

8 0

3 years ago

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