Answer:
The overhead for the year was $130,075
Explanation:
GIVEN INFORMATION -
ESTIMATED ACTUAL
Manufacturing overhead $132,440 $128,600
Machine hours 2800 2750
Here for calculating the overhead for the year we will use the following formula =
\frac{Estimated Manufacturing Overhead}{Estiamted Machine Hours}\times Actual Machine Hours
= \frac{\$132,440}{2800}\times 2750
\$47.3\times 2750 = \$130,075
Therefore the overhead for the year was $130,075
Answer: $1666.67
Explanation:
Given from the question
Principal (P) = $200,000
Rate= 10%
Time= 20years
The interest (I) on the first payment is the extra money that is to be paid in addition to the principal borrowed.
The interest for the first year has the formula:
I = (P×R) ÷ 100
I= (200000×10) ÷100
I = $20,000
Therefore the extra amount to be paid on the loan of $200,000 that increases at a rate of 10% for the first year would be $20,000.
The interest compounds monthly therefore, the payment on the first month would be
First Month Interest= 20,000÷12
=$1666.67
Therefore the part of the first payment that would be interest is $1666.67.
Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up. You can also develop new goods or services or grow into new market segments.
<h3>What are the steps to take to make the firm profitable?</h3>
This manual shows how to evaluate the profitability of your company, provide growth for your bottom line, and plan and manage change. Your profitability may be boosted by careful expense control. Although most organizations may discover some waste to eliminate, it's crucial to avoid compromising the quality of your goods and services in order to save money.
It is efficient to use activity-based costing to determine the true cost of particular company activities. By allocating sections of all your expenditures, including those for employees, real estate, and raw materials, to certain activities, activity-based costing enables you to determine how much it costs you to perform a given business function.
Learn more about maximizing profits, here:
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Answer:
The correct answer is The Sale of Goods.
Explanation:
The sale of goods constitutes the action by which furniture and real estate, securities and securities are disposed of at a certain price.
For legal purposes, the sale originates through a contract known as a sale, under which a good or service is transferred to a foreign domain for a previously agreed price.
The contract of sale is composed of personal, real and formal elements in order to establish the parties and their obligations and indicate the price and characteristics of the good or service for sale, which is why it is determined as a bilateral contract.
Answer:
The answer is: natural barrier
Explanation:
The Caucasus Mountains are a natural barrier since it interferes with travel and trade between country of Georgia and its northern neighbors. Other types of natural trade barriers are different languages and long distances.
The other two types of trade barriers are tariff barriers (taxes, etc.) and non-tariff barriers (e.g. import quotas, embargoes, etc.).