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kolbaska11 [484]
3 years ago
13

Davis Company has analyzed its overhead costs and derived a general formula for their behavior: $65,000 + $14 per direct labor h

our employed. The company expects to use 50,000 direct labor hours during the next accounting period. What overhead rate per direct labor hour should be applied to jobs worked during the period?
Business
1 answer:
Ratling [72]3 years ago
5 0

Answer:

$15.3 per direct labor hour

Explanation:

Overhead costs are those costs which are incurred for the manufacturing of the product but not directly attributable to any product / service. It can be variable or fixed.

Formula for overhead costs = $65,000 + $14 per direct labor hour

Numbers of direct labor hours = 50,000 hours

Total Cost = $65,000 x ($14 x 50,000 ) = $765,000

Over head rate per direct labor hour  = Total overhead cost / Numbers of direct labor hours = $765,000 / 50,000 = $15.3 per direct labor hour

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3 years ago
Macroeconomics deals with the short-run variations in economic growth that make up the business.
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Macroeconomics deals with the short-run variations in economic growth that make up the business cycle

This is further explained below.

<h3>What is Macroeconomics?</h3>

Generally,  The study of an economy's performance overall, structure, behavior, and judgment is the domain of macroeconomics, a subfield within the discipline of economics.

The increase of economic activity is followed by periods of contraction, which together make up a business cycle.

These shifts have repercussions not just for the well-being of the general population but also for the operations of private organizations.

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A business cycle is a cycle that consists of expansions happening at about the same time in numerous economic activities, followed by contractions that are equally widespread in nature.

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Read more about  Macroeconomics

brainly.com/question/28424197

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5 0
1 year ago
Which of the following is an example of a challenge faced by contemporary organisations?​
WARRIOR [948]

Answer:

b. environmental issues

c. global economy

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Changes in the environment, such as pollution and global warming, affect operations and profitabiity.

The global economic crisis slows down organizational performance.

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Firms that charge relatively low prices and offer substantial differentiation are following a best-cost strategy. A best cost st
satela [25.4K]

Answer: The answer is given below

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This strategy can be very successful in retail stores. Retail stores offer similar products to their competitors and using this strategy could help in making the store get more customers and hence push up its income.

For this strategy to work in such industry, firstly, the company will need to study its market very well, get to know its competitors, have a good working relationship with the manufacturers of different products, and have a friendly and amazing staffs who know what is and expected of them. With all these in place, success will be achievable.

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