Answer: The predetermined overhead rate increased because the total direct labor-hours dropped
Explanation:
The predetermined overhead rate refers to an allocation rate which is used in applying the estimated manufacturing overhead cost to the cost objects for a particular reporting period.
When there's reduction in the direct labor-hour requirement from 5 hours to 2 hours, the predetermined overhead rate increased because the total direct labor-hours dropped
The predetermined overhead rate is calculated as the total overhead cost divided by the machine hour. Therefore, if there's reduction in the direct labor hour rate, then there will be a rise in the predetermined overhead rate.
Answer:
over 1 year
Explanation:
IRS known as Internal Revenue Service interpret internal revenue code and they control treasure regulation. They also have code that control disposition of asset which is the process of selling out of an asset
It should be noted that Under IRS regulations, a gain or loss upon current disposition of an asset is first considered to be long term if the asset has been held for over 1 year.
<h2>wireless payments from mobile devices.</h2>
Explanation:
Now the trend is cashless. Everybody has smart phones and people are willing to pay through various money transfer application. So according to the given situation Vice president should choose wireless payments from mobile devices.
Option A: Correct answer
Option B: Social media application can only be used to promote product and not payment so far.
Option C: Desktop will still be present since it is not only mobile apps that is existing. May are using websites for payment
Option D & E: invalid choice.
Answer:
False
Explanation:
In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal cost, then total surplus is maximized.
As for any extra unit produced
Marginal Benefit > Marginal cost = Surplus
Marginal Benefit = Marginal cost = No Surplus / No loss
Marginal Benefit > Marginal cost = loss
When your Marginal benefit is maximum and Marginal cost is minimum then the surplus will be maximized.
Most efficient situation in which benefit is maximum and the cost is minimum results in maximized surplus.