Answer:
$10 per hour
Explanation:
As for the information provided,
Predetermined overhead rate is the rate that is determined based on the expected or estimated level of activity, that is then charged to actual level of activity, which gives us over-applied or under-applied overheads.
In the given case, estimated overheads = $250,000
Estimated direct labor hours = 25,000
Thus, predetermined overhead rate = $250,000/25,000 = $10 per hour.
Answer:
$5,055,000
Explanation:
Note: <em>The full question is attached below</em>
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Particulars Amount
Cash $875,000
Accounts receivable $2,695,000
Less: Installments not due in 2021 <u>($600,000)</u> $2,095,000
[$1,200,000 - ($150,000 * 4)]
Inventory <u>$2,085,000</u>
Total of current assets <u>$5,055,000</u>
I think your "question" might get deleted but I don't mind talking with you until that happens
Answer:
$1,518.15
Explanation:
The company uses the average cost method and the periodic inventory system. Weighted average cost per unit is calculated by the following formula:
Weighted Average Unit Cost =Total Cost of Inventory
/Total Units in Inventory
Total Cost of Inventory in the first year:
Unit Unit cost Total
41 $106 $4,346
73 $89 $6,497
175 $52 $9,100
Total 289 $19,943
Weighted Average Unit Cost = $19,943/289
Cost of goods sold = ($19,943/289) x 267 = $18,424.85
Ending inventory = ($19,943/289) x 22 = $1,518.15
<u>Answer</u>:
A totalitarian political system in which a party, group, or individual that represents the interests of a particular ethnic group monopolizes political power is referred to as D) Tribal totalitarianism
<u>Explanation</u>:
Totalitarianism refers to the type of political arrangement in which there is an absolute control of the ruler on the public. This type of system controls the political, social, and cultural aspects of the particular area and its subjects or population. Usually, there is only one leader who has the maximum political powers in this type of system. There are many types of totalitarian political systems, such as Theocratic, Communist, Democratic, Right-wing, and Tribal.
Tribal totalitarianism deals with a particular ethnic group and its interests and monopolizes the political powers.
Therefore, alternative D is correct.