Answer:
Fixed overhead application rate
= <u>Budgeted fixed overhead</u>
Budgeted direct labour hours
= <u>$114,000</u>
60,000 hrs
= $1.90 per direct labour hour
Amount of overhead applied to job X387: $
Variable overhead $4.90 x 170 hours = 833
Fixed overhead $1.90 x 170 hours = 323
1,156
Explanation:
In this case, there is need to calculate the fixed overhead application rate based on direct labour hours by dividing the the budgeted fixed overhead by budgeted direct labour hours. Then, we will calculate the overhead applied to Job X387 by multiplying the fixed and variable application rate by actual direct labour hours of 170 hours.
There are three ways to cope up with the problem of scarcity:
a. Economic growth.
b. Improvement of use of available resources.
c. Reduction of wants.
Explanation: Economic growth mean the ability if an economy to produces products and services. Using the products wisely can improve the usage and helps in saving the resources. Society can improve the use their existing or available resources in order to reduce the scarcity by: Efficiency in productivity, efficient allocation of resources, full employment with minimum wastage and equity.
Answer:
a. curve; point on the curve
Explanation:
Supply refers to the supply curve. Changes in supply leads to movement of the supply curve either to the left or to the right.
Factors that cause change in supply:
A. Cost of production
B. Weather
C. Taxes
D. Number of suppliers
Quantity supplied is a point on th curve with reference to price. Changes in quantity supplied is represented by movement either up or down the supply curve. Changes in quantity supplied is caused only by changes in price.
I hope my answer helps you
A socially constructed category made up of people who share biologically transmitted traits
Answer and Explanation:
The correct way for putting this on expiration paper is as follows
Expiration date: 1/17/2017
Exp time: 4:00 AM
Preparation date: 12/3/2016
Preparation time: 4:00 AM
The above represents the correct way i.e to be putted on an expiration paper
Therefore we applied the given information to arrive at an answer
