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irga5000 [103]
3 years ago
11

The formula for the predetermined overhead rate is estimated annual overhead costs divided by an expected annual operating activ

ity. a. true b. false
Business
1 answer:
MrRissso [65]3 years ago
6 0

Answer:

True

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rat</em>

<em>Under the traditional absorption costing system, overhead is assigned to units produced using different bases ranging from labour hours, machine hours, e.t.c</em>

Overhead absorption rate = Estimated overhead/Estimated Activity level

Answer : True

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Which of the following is a potential operating instrument for the central​ bank? A. The M1 money supply B. The monetary base C.
Angelina_Jolie [31]

Answer:

The correct answer is B. The monetary base.

Explanation:

The Monetary Base is made up of all legal money in circulation (that is, bills and coins), added to the reserves of commercial banks in the central bank. In other words, it is the legal money issued by the Central Bank of a country and can be in the hands of the public, or else in the cashier of the different commercial banks that the financial sector of the country. The monetary base is monitored by the central bank and constitutes its main way to control the money supply. Also another way to define the monetary base is that they constitute the monetary liabilities of the central bank.

7 0
3 years ago
Shell Enterprise is a soft toy manufacturer. It sells its toys to ToySpot, a company that sells a wide range of toys to the publ
geniusboy [140]

Answer:

ToySpot in this scenario is a soft toy retailer; this means it deals with customers directly and at the same location.

4 0
3 years ago
On January 1, 2021, Consolidated Company purchased 100% of the common stock Avergy Industries for $720,000. On that date, Avergy
Dahasolnce [82]

Answer:

b. $ 50,000

Explanation:

Investment cost                    

720000

Book value of net asset

100000

420000

--------------

520000

Excess

200000

Allocated as follows

Land and equipment                              50000

overvaluation of bonds payable            40000

Undervaluation of inventory                    60000

Total                                                          150000

Un allocated amount    

Goodwill                                                    50000

Total                                                        200000

4 0
3 years ago
Units of Labor Quantity of Output Marginal Revenue
lora16 [44]

Answer:

$7,650

Explanation:

Calculation for the marginal revenue product of the fifth unit of labor

Using this formula

Fifth unit of Labor marginal revenue product=Fifth Quantity of Output*Marginal Revenue

Let plug in the formula

Fifth unit of Labor marginal revenue product=1,530 *$5

Fifth unit of Labor marginal revenue product=$7,650

Therefore the marginal revenue product of the fifth unit of labor is $7,650

3 0
3 years ago
Construction crafts are what kind of jobs?<br><br> A: Academic<br> B: Theoretical<br> C: Physical
kondaur [170]

Answer:

C. Physical

Explanation:

Hope it help

8 0
2 years ago
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