Answer:
Auto insurance fraud affects all drivers because insurance companies determine their rates, at least partially, based on losses.
Answer:
1. $8.25
2. $313,500
Explanation:
Given that,
Variable overhead cost per direct labor-hour = $2.00
Total fixed overhead cost per year = $250,000
Budgeted standard direct labor-hours (denominator level of activity) = 40,000
Actual direct labor-hours = 39,000
Standard direct labor-hours allowed for the actual output = 38,000
1. Total overhead cost at denominator level of activity:
= Total fixed overhead + Total variable overhead
= $250,000 + (40,000 × $2.00
)
= $250,000 + $80,000
= $330,000
Predetermined overhead rate:
= Total overhead cost at denominator level of activity ÷ Budgeted standard direct labor-hours
= $330,000 ÷ 40,000
= $8.25
2. Overhead applied:
= Standard direct labor-hours allowed for the actual output × Predetermined overhead rate
= 38,000 × $8.25
= $313,500
The person is WILLIAMS JAMES.
William James is an American psychologist and philosopher. He was a leader of the psychological movement of functionalism.
One of William James quote says that the path to cheerfulness is to sit cheerfully and to act and speak as if cheerfulness is already there
The correct answer is It takes in tax revenue and buys bonds.
Taxes are the main way that the federal budget is funded, which is why taxes have to be paid. They come from companies, people, organizations, and basically everyone.
