Answer:
Please see explanation
Explanation:
1. Machine hours used by Krazy Kayak are given as follows
Machine hours=Actual manufacturing overhead costs/cost per hour
=$428,000/41
=10,439 hours
2.Manufacturing overheads are underapplied because the actual overhead cost amounting to $428,000 is greater than applied overheads amounting to $405,900. The factory overheads are under applied by $22,100(428,000-405,900)
3. The journal entry to close out over or under allocated overhead are given as follows:
Debit Credit
Factory overheads applied $405,900.
Profit and loss account $22,100
Factory overheads Control $428,000
Answer:
c. comparative advantage in
Explanation:
In economics, comparative advantage is the advantage a trade party has over the other party, in the production of a a particular good that has a relatively lower opportunity cost. It simply involves exploring the option that has overall best package.
North Carolina has a comparative advantage in sweet potato production relative to Florida, as the opportunity cost involved is lower, since there is little potential benefits North Carolina will get in the production of oranges.
According to the local environment and the goals of the organization. Formalization is the utilization of characterized structures and frameworks in basic leadership, conveying and controlling. As a hierarchical trademark, specialization is the appointing of people to particular, very much characterized errands. Specialization in a worldwide setting can be grouped into even and vertical specialization. Even specialization allocates occupations so people are given a specific capacity to perform and individuals tend to remain inside the bounds of this zone. Vertical specialization allocates work to gatherings or divisions where people are all things considered in charge of execution. Vertical specialization likewise is portrayed by particular contrasts between levels in the progressive system. Centralization is an administration framework in which imperative choices are made at the best.
Answer:
Profit= $25000
Explanation:
Giving the following information:
Tere are 100 business travelers who will pay $600 for a ticket while 50 vacationers will pay $300 for a ticket. T
There are 150 seats available on the plane.
The cost to the airline of providing the flight is $20,000.
Price= $300
Profit= ($300*150) - 20000= $25000
