Answer:
$85,225
Explanation:
The computation of the applied overhead is shown below:
Let us assume that the Direct labor be X
And, the factory overhead be 1.4X
As we know that
Cost of goods manufactured = Beginning work in process + direct material + direct labor + factory overhead - ending work in process
$213,300 = $35,100 + $57,200 + X + 1.4X - $25,100
$213,300 = $67,200 + 2.4X
$146,100 = 2.4X
X = $60,875
And, the factory overhead is
= $60,875 × 1.4
= $85,225
hence, the applied overhead is $85,225
Answer:
A. 1 and 4 are true
Explanation:
Statement 1: When inflation goes up the market prices of goods increase and reduces buying power of customer. So, if you get $100 even after 5% inflation, you would get $95 worth good.
Statement 2: It is commonly known as, the higher the risk the higher the gain. So, risk premium and risk exhibited by security is directly related with each other.
Statement 3: Since, risk free rate is the compensation for time value of money, that is why it can’t make real risk-free rate negative because real risk rate is there, but inflation can go higher than risk free rate.
Statement 4: Maturity payment is paid to investors or savers after certain period of time along with principal amount.
Hence, A. 1 and 4 are true
Answer:
C. Safely leave the lane closest to the emergency vehicle, or slow down to a speed 20 miles per hour below the posted speed limit.
Explanation:
When driving either on the high way or within the street, it is expected that one take note of the activities around him and also follow strictly driving rules and road signs . This is necessary inorder to avoid causing accident to oneself or other road users and or pay fines as a result of not following laid down driving rules and road signs.
With regards to the above scenario, the driver must either leave the lane closest to the emergency vehicle as he approaches the place or slow down to the required speed so as to prevent colliding with the emergency vehicle or causing accident to other road users and people working around the area .
The third one is most appropriate ! as it shows that the money can be stored and later we can use !