Answer:
Total overhead = = $7,500
so here correct option is E. $7,500
Explanation:
given data
production = 1,000 units
direct labor = ¼ hour @ $24 per hour
variable overhead = 75 % of direct labor
fixed overhead = $3,000
to find out
total amount of overhead
solution
we first find Direct labor that is
Direct labor = ¼ × 24
Direct labor = $6
so
Total overhead will be here
Total overhead = Variable overhead + Fixed overhead .................1
now put here value we get
Total overhead = ($6 × 75% ) × 1,000 + $3,000
so
Total overhead = = $7,500
so here correct option is E. $7,500
Answer:
INCREASE
Hope I help!!!
Answer:
Supply side is the view point of the Firms or the Businesses.
Explanation:
As the law of demand deals with the consumers side, the law of supply deals with the suppliers or the firms/businesses.
this tries to explain the factors that affect the supply, such as the prices of the substitutes and complements, the price of a commodity itself, taxes, government subsidies, technological influences, etc...
in this question, the 1st option, consumer is wrong. However, in certain situations, Government can be acted as a "supplier" (if there is a government monopoly on the supply of a good or a service", and government is a heavy influencer of supply through the implementaion of taxes and subsidies!
Answer:
b. Liabilities assumed, at book value.
Explanation:
International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) require everything (Assets, Liabilities and Non-controlling interest) to be measured at the fair market value, the amount a third-party would pay on the open market, at the time of acquisition — the date that the acquirer took control of the target company.