Answer:
Bob's predetermined overhead rate = 9.91
Explanation:
Calculation for predetermined overhead rate
Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours
Predetermined overhead rate = 110917 / 11198
Predetermined overhead rate = 110.917 / 11.198
Predetermined overhead rate = 9.91
Answer:
The answer is:
Inelastic
Elastic
Explanation:
Nita’s demand for Coca-Cola will be relatively more inelastic i.e his demand will not be sensitive to price. Increasing the price of Coca-cola will not make Nita to change its taste because he is a devoted Coca-Cola consumer.
Becky’s demand will be relatively more elastic because he has an option to choose between Pepsi and Coca-cola.
Any increase in price of Coca-cola will make Becky to shift to Pepsi.
Answer:
Combined turnover = $13,300,000.
Explanation:
The combined turnover is the sum of the turnover for last year and the turnover after the investment opportunity is taken.
Combined turnover = turnover last year + turnover from the new investment opportunity.
= 10,500,000 + 2,800,000
= $13,300,000
Answer: Option C
Explanation: The anti global activist are individuals who are concerned about the environmental effects on globalization. The anti globalist carries the perception that social and economic equality could be achieved without the negative effects of capitalism.
These activist complain that, if the business organisation are made free to trade then the poor countries like in Africa, will sacrifice their environmental duties for the investment from rich countries.
Hence from the above we can conclude that the correct option is c.
The type of provision that has been contracted is a limitation of liability clause. This provision enables the an agreement of which when a party has caused a damage, he or she will need to comply. In order to replace or pay with the damage that has been done. In the statement above, this provision is what it describes.