Answer:
Estimated manufacturing overhead rate= $23.973 per machine-hour.
Explanation:
Giving the following information:
Estimated total machine-hours= 15,000
The estimated variable manufacturing overhead was $7.36 per machine-hour.
The estimated total fixed manufacturing overhead was $249,200.
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (249,200/15,000) + 7.36
Estimated manufacturing overhead rate= $23.973 per machine-hour.
Answer:
competition
Explanation:
In simple words, competition refers to the tendency of two or more parties to perform better than one another for the sake of own personal benefits. In business, competition can be done from various perspectives like price or quality.
In the given case, Jeff has been producing at a lower cost but despite of earning high profits he is willing to sell for lower prices with the motive of competing in the market and gaining higher market share.
I think the answer is A let me know if I was right! <3
Answer:
The answer to the following question is given below :
Explanation:
- The typical model of production was structured to meet the challenges and bring benefits. With new capacity and operating results, the supply chain has become progressively more competitive and efficient.
- The modern supply chain is tailored to meet evolving customer needs. Freight capacity and administrative performance have become more reliable and cost-effective. Supply chain structures can supply the goods at exact times.
