Answer:
the predetermined overhead rate is $35.28
Explanation:
The computation of the predetermined overhead rate is given below:
The Predetermined overhead rate is
= Estimated overhead ÷ Capacity hours
= $2,836,512 ÷ 80,400 machine hours
= $35.28
hence, the predetermined overhead rate is $35.28
Answer: Bundle all the three operas together
Explanation:
Customers purchase a good only if its price is less than the customer’s reservation price.
Total WTP of consumer 1 = 100 + 200 + 70 = 370
Total WTP of consumer 2 = 120 + 100 + 150 = 370
Hence, all the three operas should be bundled together.
Shida is seen as potential entrepreneur according to the GEM study.
GEM study is conducted by Global Entrepreneurship Monitor that tracked rates of entrepreneurship.
- The study conducted on Shisa as a IT Expert shows that the company tries to understand how his entrepreneur skills enables him to pay himself a competitive salary within the first 18 months.
Therefore, Shida is seen as potential entrepreneur according to the GEM study.
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Answer:
Money is defined as something that serves as a medium of exchange.
The money supply is the total amount of money available in an economy. It includes:
- M1 includes coins and notes (bills) in circulation plus other money equivalents that are easily liquidated.
- M2 includes M1 plus short term bank deposits and 24 hour money market funds.
- M3 includes M2 plus long term bank deposits and money markets with more than 24 hour maturity.