Answer:
Total overhead applied = $220
Explanation:
Total variable overhead estimated = Variable manufacturing overhead per machine-hour * Total machine-hours
Total variable overhead estimated = ($2 * 32,700)
= $65,400
Total overhead estimated = Total variable overhead estimated + Total fixed overhead estimated
Total overhead estimated = $65,400 + $294,300
Total overhead estimated = $359,700
Predetermined overhead rate = Total overhead estimated / Total machine hours
= $359,700 / 32,700
=$ 11 per machine hour
Hence, the total overhead applied = Predetermined overhead rate * Total machine hours L716
Total overhead applied = ($11 * 20)
Total overhead applied = $220
Standards because it represents how someone acts or how people want them to act
Answer:
4) has a fixed number of payments in equal amounts
Explanation:
1) the term is much longer than other loans
FALSE, installment loans can be short or long, the term refers to periodic payments.
2) lower interest rates are charged to borrowers
FALSE, interest rates vary depending on the customer and the purpose of the loan, they can be higher or lower.
3) is technically an unsecured loan
FALSE, they can be secured or unsecured loans, there is no one size fits all rule
Pipeline is the business structure that is linear and has producers at one end and consumers at the other. A business structure is a term used to describe a company's legal structure and how it affects the day-to-day operations of a firm for example partnership. An unincorporated firm run by a single person is known as a sole proprietorship.
Corporations, partnerships, holding companies, non-profits, subsidiaries, and limited liability companies are a few examples of common business structures. Due to the lack of continuous procedures like shareholder meetings and voting, a sole proprietorship and partnership are easy to start up.
To learn more about business structure, click here.
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