Earned income is an income which is received by an individual or any party and unearned income is an income which is not yet received
Answer:
Estimated manufacturing overhead rate= $1.2 per direct labor dollar
Explanation:
<u>First, we need to determine the allocated overhead:</u>
Allocated overhead= 3,000 - 800 - 1,000
Allocated overhead= $1,200
<u>Now, by using the following formula we can calculate the predetermined overhead rate:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
1,200 = Estimated manufacturing overhead rate*1,000
1,200 / 1,000= Estimated manufacturing overhead rate
Estimated manufacturing overhead rate= $1.2 per direct labor dollar
Answer:
B) Market maturity
Explanation:
Product life cycle is the different stages involving a product's introduction through to its period of decline. Just as living organisms have life cycles, so do products as well. A product's life cycle involves three major stages; Introduction or Early stage, Maturity stage and Declination stage. The introduction stage involves the period the product is just fresh from the factory with different series of modelling and has yet to be introduced to the target market. Introduction stage includes the period it is now introduced to the target market. Maturity stage involves the period the product has been introduced to the market. At this stage, it can draw either positive or negative responses. When it draws a positive response, it means the target market enjoy the product and tend to purchase more with sales skyrocketing. Declination stage involves the period the product attracts low sales.
Answer:
A sales objection
Explanation:
A sales objection is any communication from a customer expressing unwillingness to make a purchase at that moment. It is when a customer turns down a sales proposal. A sale objection indicates that the customer is not ready to buy.
Sales objections are common in the selling process. They can be frustrating to salespeople. However, they are several techniques that companies and salespeople employ to overcome the disappointment caused by objections.
Answer:
The correct option is d)
bank failures reduce the money supply, increase the interest rate and cause high inflation .
The correct option for the second question is a)
caused partly by the increase in government spending including spending to bail out failed financial institutions and by the deep decline in tax revenues as incomes and profits fell.
Explanation:
The recessions accompanied by a financial crisis are more severe than recessions that do not involve bank crises because ;
bank failures reduce the money supply, increase the interest rate and cause high inflation.
The large budget deficits of $1.4 trillion in fiscal year 2009 and $1.3 trillion in fiscal year 2010 were
;
caused partly by the increase in government spending including spending to bail out failed financial institutions and by the deep decline in tax revenues as incomes and profits fell.