At Equitable, We Believe That The Best Plan For The Future is One Tailored To You. Equitable Can Help You Plan for the Future, No Matter How
Answer:
POAR = $29 per hour
Explanation:
<em>The overhead absorption is a per-determined rate which is used to charge overheads to production units. Note that this rate is computed using estimated figures</em>
The rate is computed as follows:
Pre-determined overhead absorption rate (POAR)
POAR = Budgeted overhead for the period/Budgeted direct labour hours
= $145,000/5,000 labour hours
= $29 per hour
Answer:
e. The managers of established, stable companies sometimes attempt to get their state legislatures to impose rules that make it more difficult for raiders to succeed with hostile takeovers
Explanation:
A hostile takeover refers to a type of corporate merger or acquisition that is carried out against the wishes of the managers of the target company. As a result the stable organisations management attempt to get their state legislatures impose their administrative regulations; thus making it far more difficult for the corporate raider to succeed in hostile takeovers. Moreover the management usually does not prefer the hostile takeovers
Answer:
Mary Smith is concerned about systematic risk.
Explanation:
Systematic risk refers to the ongoing risk caused by a combination of factors, including the economy, geopolitical issues, corporate health, and others. It covers the impact on the overall market and includes systemic risks that are peculiar to an industry. Systemic risk will only impact the market for Corporate Bonds. But, Mary's concern shows that other factors might combine, causing her to require her money back after a year.
Answer:
C)) factory overhead
Explanation:
Manufacturing cost can be regarded as the sum of all the costs resources that is been consumed during the process of making a product. manufacturing cost can be classified as;
✓direct materials cost
✓ manufacturing overhead.
✓direct labor cost
It can be regarded as factor in total delivery cost. Direct Material Cost can be regarded as total cost that is incurred in purchasing of raw material and cost of other components such as packaging, as well as freight and storage costs by the company
It should be noted that The three categories of manufacturing costs comprising the cost of work in process are direct labor, direct materials, and factory overhead.
