First of all, the predetermined overhead rate will be calculated.
Predetermined overhead rate = Estimated Overheads ÷ Estimated direct labor hours
Estimated overheads = $ 239,700
Estimated direct labor hours = 4,700 hours
Predetermined overhead rate = $ 239,700 ÷ 4,700 hours = $ 51 per direct labor hour
Actual hours worked = 4,600 hours
Applied overheads = Actual hours worked × Predetermined overhead rate
Applied overheads = 4,600 hour × $ 51 per direct labor hour = $ 234,600
<span>If Able Drug Company already has a patent on a drug called drug Z27, then they have the rights to charge it higher than the cost of production. They do this so that they would gain profit from the drug that they have patented and to be able to expand their business more with it.</span>
Answer:
d. A customer survey
Explanation:
Data collected by researchers for the first time for a specific study is primary data. A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.
Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.
When you make sure you are using up-to-date information, you are using current information.
Please simplify this question so I can answer it
