Answer:
$ 0.60 per labor cost
$ 24.00 per machine hours
Explanation:
expected overhead cosT:
depreicaiotn 160,000
maintenance 60,000
supervisory 40,000
rent 100,000
Total overhead cost: 360,000
The predetermined overhead rate is division of the expected overhead cost over a cost driver
a) being labor cost: 600,000
overhead rate: 360,000 / 600,000 = $0.6 per labor cost
b) being machine hours
overhead rate: 360,000 / 15,000 = $ 24 per machine hours
Answer:
The correct answer is $234,700.
Explanation:
According to the scenario, the given data are as follows:
Appraised value = $247,600
Cost incurs in house = $12,900
Purchased cost = $238,500
So, we can calculate the opportunity cost by using following formula:
Opportunity Cost = Appraised Value of the house – Cost incur
By putting the value, we get
= $247,600 – $12,900
= $234,700
Answer and Explanation:
The classification is as follows:
a. It is a normative statement as it discussed that there is an efficient wages for all types of workers for earnings
b. It is a positive statement that depend upon the facts and proofs as the leisure for workers would create more unemployment as compared to before
c. It is a normative statement
d. It is a positive statement as the workers who are less skilled they can be settled for the minimum wages as they dont get the highest paying jobs because these jobs would be belong to those workers who are highly skilled
Answer:
<em>Confidentiality duty to Kim has been violated by Greg</em>.
Explanation:
Remember Greg is acting as agent or real estate agent to Kim.
According to law he owed a duty of confidentiality to Kim which involves not disclosing any information of benefit which he may have gotten from his client (Kim) to third parties (buyers) without permission from Kim.
Therefore, Greg was not suppose to mention that Kim would have accepted less for her home.