Answer:
1) 24.4%
2) 67.4%
Explanation:
The basis on which overheads are to be applied is considered under 'denominator' value.
1)
Numerator = Estimated factory $122,000
Denominator = Direct Labor $500,000
Overhead Rate = 122,000 / 500,000 = 0.244 ==> 24.4%
2)
Numerator = Estimated factory overhead $122,000
Denominator = Direct Material $181,000
Overhead Rate = 122,000 / 181,000 = 0.674 ==> 67.4%
That is called withdrawal, glad to help!
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Certificates of deposit that require the depositor to commit to leaving their funds in the bank for a certain period of time, in exchange for a higher rate of interest are also called time deposits Bonds.
- An account designated as a time deposit is one that the depositor has agreed to keep in the bank for a specific amount of time in exchange for a greater interest rate.
- A time deposit, sometimes known as a term deposit, is a fixed-term interest-bearing bank account.
- In comparison to a typical savings account, it enables depositors to grow their money at higher interest rates.
- Depositors have two options after the term is up: they can either withdraw their money or renew it and hold it for another term.
<h3>What is a CD certificate?</h3>
- A certificate of deposit (CD) is a type of savings account where the issuing bank pays interest in exchange for holding a specified sum of money for a predetermined length of time, such as six months, a year, or five years.
- When you cash in or redeem your CD, you receive the money you originally invested plus any interest.
Learn more about Certificates of deposit brainly.com/question/13803892
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Answer:
Cost of ownership
Explanation:
The cost ownership includes other elements of cost associated with owning a product eg operating cost.
A common example that comes to mind is the ownership of a car, analysing the total cost of ownership would include cost of fueling and maintaining the car as compared to buying a new brand of car.
It takes someone with foresight to see the bigger picture and look at what the product's real value and cost is over time.
Answer:
How does process innovation improve the operational efficiency of an international parcel delivery business?
Process innovation improves the operational efficiency of an international parcel delivery business in the following ways;
it makes delivery faster
It helps to get better quality
it increases profit
Explanation:
