Answer:
If all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced
Explanation:
The concept of production possibility curve shows the different commodities that can be produced in a given economy, given the prevailing level of technology, if all available resources are efficiently utilized. The idea behind production possibility curve is that in other for in order to produce a particular commodity, the production of another commodity has to be scarified provided that i.e if all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced
Hello!
I do believe the answer is B.
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The answer for the question is the letter B) advanced graphics
Answer:
The correct answer is C: $171,000
Explanation:
The Machining Department’s predetermined overhead rate is based on machine-hour.
At the beginning of the current year, the company had made the following estimates:
Machining:
Machine-hours 19,000
Direct labor-hours 2,000
Total fixed manufacturing overhead cost $136,800
Variable manufacturing overhead per machine-hour $1.80
Variable manufacturing overhead per direct labor-hour $3.20
Total MOH= Total fixed manufacturing overhead cost + Variable manufacturing overhead* machine-hour
Total MOH= 136,800 + (19000*1.8)= $171,000
