Answer:
Results are below.
Explanation:
<u>To calculate the activities rates, we need to use the following formula on each pool:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Pool 1= 20,000/10,000= $2 per direct labor dollar
Pool 2= 15,000/50= $300 per setup
Pool 3= 10,000/200= $50 per hour
<u>Now, we can allocate costs to each product:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Product A:
Pool 1= 2*4,000= 8,000
Pool 2= 300*20= 6,000
Pool 3= 50 *50= 2,500
Total allocated costs= $16,500
Product B:
Pool 1= 2*6,000= 12,000
Pool 2= 300*30= 9,000
Pool 3= 50 *150= 7,500
Total allocated costs= $28,500
Question Completion:
What is a price floor?
Answer:
A price floor of $2 for milk producers across Arizona and nationwide means that the government does not want the price of milk to fall below $2. This measure enables dairies to remain in operation. It favors producers to the detriment of consumers, at least in the short-run.
Explanation:
However, assuming that the market was efficient before the price floor was introduced by the government, the price floor of $2 per gallon for milk could cause a deadweight loss to occur. In Economics, a deadweight loss reduces economic efficiency. It implies that consumers pay a higher price for the same quantity of goods they were purchasing before the price floor was introduced. Thus, the reaction of consumers would be to reduce their demand or drop out of the market entirely (instead of producers dropping out of the market through the normal operation of the market forces).
Answer:
Letter a is correct.<u> Taylor.</u>
Explanation:
This question fits better with the work of the management scholar Taylor.
Scientific Administration, or Taylorism, is the administration model proposed by Frederick Taylor, whose principles are based on focus on tasks and greater operational efficiency of employees. For him, the act of managing should be seen as a science. The work should be carried out with economy of effort and maximum efficiency, so he believed that employees should be selected according to their skills and trained to perform their job with maximum effectiveness. From there emerged the rationalization of work and the division of functions, greater control over the execution of work, discipline and the singularization of functions. Taylor also proposed increasing wages and benefits, as a way to optimize work and the perception of workers, which increased their satisfaction and also productivity.
Answer:
The earnings per share for the year ended 31st December 2021 is $0.52
Explanation:
million
Net income $426,000,000
preferred dividends(2million*8%) ($160,000)
Net income attributable to common shares $425,840,000
Earnings per share =earnings attributable to common stock/common stock
common stock 820,000,000
Earnings per share=$425,840,000/820,000,000
Earnings per share=$0.52
The earnings attributable to each common stock is $0.52 per share
The earnings per share is the dividend potential of Noble corporation, which implies the amount from which dividends can be paid and also from investment projects can also be funded as retained earnings is the cheapest form of finance from availability and affordability points of views.
Explanation:
I have provided the code below which is producing the correct answers. Answers are verified by actual answers from calculator.
I have used a for loop for fast calculation and print.
ANSWER CODE:
population = 312032486;
seconds = 365*24*60*60;
births = seconds//7;
deaths = seconds//13;
immigrations = seconds//45;
years = {1,2,3,4,5}
change_in_pop = births - deaths + immigrations;
for val in years:
new_population = population + val*(change_in_pop)
print("The population after " + str(val) + " years is " + str(new_population)+"\n")
