The process of selecting a base year and expressing the amount as a percent of the base year amount is referred to as trend analysis. Percentage change can be calculated between two periods or over a longer period of time.
Percentage change between two periods:
<span> Subtract the earlier year from the later year. A negative difference means the change is a decrease. A positive difference means it is an increase. Then divide the change by the earlier year's balance. </span>
Percentage change over a longer period of time:
<span>1. </span>Select the base year.
<span>2. </span><span>Divide the amount in each nonbase year (for each line item) by the amount in the base year and multiply by 100.</span>
Answer:
The predetermined overhead rate was $7.84
Explanation:
Predetermined overhead rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is applied. It is a rate at which the overhead is applied to a product / project/ department.
Predetermined overhead rate = Expected overhead / Expected activity
Predetermined overhead rate = Expected overhead / Expected direct labor hours
Predetermined overhead rate = $1,490,000 / 190,000
Predetermined overhead rate = $7.84 per labor hour
<span>The NPV function calculates the net present value of an investment, given a fixed discount rate.</span>
The principal components of a master budget include D. All of the above.
<h3>What is a budget?</h3>
A budget simply means an estimate of the income and expenditure for a particular period.
In this case, the principal components of a master budget include production budget, capital expenditures budget, and sales budget. Therefore, it's all of the above.
Learn more about budget on:
brainly.com/question/24940564
