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aliina [53]
3 years ago
5

Smith has applied overhead of $73,000 and actual overhead of $87,600 for the month of November. It applies overhead based on dir

ect labor hours and those equaled 14,600 in November. Overhead for the year was estimated to be $900,000. How many direct labor hours were estimated for the year?
a.

175,200

b.

180,000

c.

$5

d.

150,000
Business
1 answer:
Rudik [331]3 years ago
8 0
The answer to the question how many direct labor hours were estimated for the year is letter B which is 180,000.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
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Item 3 What do economists call GDP that uses constant, unchanging prices? constant GDP real GDP nominal GDP factual GDP
Ivenika [448]

Economists call GDP that uses constant, unchanging prices as

<u>Real GDP</u>

Explanation:

  • Real gross domestic product (real GDP for short) is a macroeconomic measure of the value of economic output adjusted for price changes . This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.
  • It is calculated using the prices of a selected base year. To calculate Real GDP, you must determine how much GDP has been changed by inflation since the base year, and divide out the inflation each year.
  • Real GDP  accounts for the fact that if prices change but output doesn't, nominal GDP would change.
  • The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms
7 0
3 years ago
#9. What is meant by social responsibility?
Oliga [24]
The responsibility that each person has not to harm another person, the community, or the environment
5 0
3 years ago
A soccer team made $575. 75 from selling popcorn at a concession stand during a tournament. The popcorn cost the team $65. 0. Wh
kozerog [31]
The profit made by the team would be $(575.75 - 65.00) that is equal to $510.75.
Divide this by 15 players, we get profit of $34.05 per player.
8 0
2 years ago
13) Baxter &amp; Baxter has total assets of $710,000. There are 45,000 shares of stock outstanding with a market value of $28 a
madam [21]

Answer:

19.38

Explanation:

Baxter & Baxter

Market value share/ Percentage of profit margin ×(Total assets ×Total asset turnover)/Outstanding shares

Where:

Market value shares=28

Percentage of profit margin =71%

Total assets =710,000

Total asset turnover=1.29

Outstanding shares =45,000

Hence:

Price-earnings ratio =

$28/[0.071 ×($710,000 ×1.29)]/45,000

=19.38

4 0
3 years ago
Household​ production, such as baking bread at​ home, is not included in gdp because it.
Darina [25.2K]

Household​ production, such as baking bread at​ home, is not included in GDP because it <u>does not involve a market transaction.</u>

<u></u>

<h3><u>What exactly is a market transaction?</u></h3>

The trading of commodities and services on a market. When calculating gross domestic product, the set of market transactions that take place in the economy is crucial (GDP). Market transactions offer the fundamental information that the Bureau of Economic Analysis' number crunchers use to start estimating GDP.

These number crunchers' objective is to assess economic production rather than merely market transactions. As a result, they boost economic production while removing those market transactions that do not entail it.

Learn more about GDP with the help of the given link:

brainly.com/question/16931817

#SPJ4

6 0
2 years ago
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