Answer:
Overhead absorption rate
= Overhead absorbed/Actual labour cost x 100
= $4,400/$800 x 100
= 550% of direct labour cost
Explanation:
Since the overhead absorbed is $4,400, there is need to divide the overhead absorbed by actual direct labour cost multiplied by 100. This gives the overhead application rate.
Answer:
Yes, there is no need to change the eatings habits
Explanation:
Ari will maximize utility until
MU / P for both is equal in order to be at equilibrium
So, in this case,
For Hot dogs
= MU / P
where
MU is marginal utils, which is 20
P is Price, which is $2
So,
= 20 / $2
= 10
For Hamburgers
= MU / P
where
MU is marginal utils, which is 25
P is Price, which is $2.5
So,
= 25 / $2.5
= 10
Therefore, MU / P for hot dog = MU / P for Hamburger
Hence, there is not need to change the eatings habits.
Answer:
13
Explanation:
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Answer:
You pay taxes upfront
the maximum contribution is low
Explanation:
UTP quiz
Answer and Explanation:
The computation is shown below:
The Price level in the normal case
= Money supply ÷ Real GDP × Velocity
= $6,000 ÷ 10,000 units × $5
= $3
Now in the case when the money supply doubled i.e $12,000
So, the price level is
= Money supply ÷ Real GDP × Velocity
= $12,000 ÷ 10,000 units × $5
= $6
When the money supply doubles, the price level is also doubled that indicated the direct relationship between the price level and money supply
