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prohojiy [21]
3 years ago
7

Activity Levels Used to Compute Overhead Rates Reggie Wilmore has just started a new business-building and installing custom gar

age organization systems. Reggie builds the cabinets and work benches in his workshop, then installs them in clients' garages. Reggie figures his overhead for the coming year will be $15,600. Since his business is labor intensive, he plans to use direct labor hours as his overhead driven. For the coming year, he expects to complete 140 jobs, averaging 35 direct labor hours each. However, he has the capacity to complete 175 jobs averaging 35 direct labor hours each
Required: 1. Compute the predetermined overhead rates using each of the measures in your answer to Requirement 1. Round your answers to the nearest cent. Predetermined Overhead Rate Expected actual activity Theoretical activity
2. Which one would you recommend that Reggie use?
Business
1 answer:
Olenka [21]3 years ago
5 0

Answer:

1. $3.18 and $2.55

2. expected annual activity

Explanation:

The computation of the predetermine overhead rate is shown below:

1. For Expected actual activity, it is

= (Overhead for the coming year) ÷ (completed jobs × direct labor hours)

= ($15,600) ÷ (140 jobs × 35 direct labor hours)

= $3.18

And, for  Theoretical activity, it is

= (Overhead for the coming year) ÷ (completed jobs × direct labor hours)

= ($15,600) ÷ (175 jobs × 35 direct labor hours)

= $2.55

2. Based on the predetermined overhead rate, the expected actual activity has highest predetermined overhead rate as compared to the theoretical activity

So the Reggie should use the same

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What is a BFOQ? Should BFOQs be allowed?
Ulleksa [173]

Answer:

In employment law, a bona fide occupational qualification (BFOQ) (US) or bona fide occupational requirement (BFOR) (Canada) or genuine occupational qualification (GOQ) (UK) is a quality or an attribute that employers are allowed to consider when making decisions on the hiring and retention of employees—a quality that when considered in other contexts would constitute discrimination and thus be in violation of civil rights employment law. Such qualifications must be listed in the employment offering.[citation needed]

Explanation:

Canada

The law of Canada regarding bona fide occupational requirements was considered in a 1985 Canadian court case involving an employee of the Canadian National Railway, K. S. Bhinder, a Sikh whose religion required that he wear a turban, lost his challenge of the CNR policy that required him to wear a hard hat.[1] In 1990, in deciding another case, the Supreme Court of Canada amended the Bhinder decision: "An employer that has not adopted a policy with respect to accommodation and cannot otherwise satisfy the trier of fact that individual accommodation would result in undue hardship will be required to justify his conduct with respect to the individual complainant. Even then the employer can invoke the BFOQ defence."[2]

United States

In employment discrimination law in the United States, both Title VII of the Civil Rights Act of 1964 and the Age Discrimination in Employment Act contain a BFOQ defense. The BFOQ provision of Title VII provides that:

[I]t shall not be an unlawful employment practice for an employer to hire and employ employees, for an employment agency to classify, or refer for employment any individual, for a labor organization to classify its membership or to classify or refer for employment any individual, or for an employer, labor organization, or joint labor-management committee controlling apprenticeship or other training or retraining programs to admit or employ any individual in any such program, on the basis of his religion, sex, or national origin in those certain instances where religion, sex, or national origin is a bona fide occupational qualification reasonably necessary to the normal operation of that particular business or enterprise ...[3]

i'm not able to add the balance of the answer so pls go to https://en.wikipedia.org/wiki/Bona_fide_occupational_qualification

5 0
3 years ago
If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?
stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0
3 years ago
Each of the following firms benefits from barriers to entry in its industry. Indicate whether each of the barriers is natural or
gavmur [86]

Answer:

Natural:

b.A diamond company that owns nearly all of the world's diamond mines.

d.A soda company that spends over $3 billion on advertising every year.

e.A waste-treatment plant that cost a lot to build even though it costs only two cents to treat each gallon of waste.

Government

a.A small-town bar that is the only establishment in the county licensed to serve liquor.

c. A pharmaceutical company receives a patent for a new cancer-fighting drug.

Explanation:

Government barriers are licenses or patents that prevent future firms from entering, natural is everything else.

4 0
3 years ago
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Country A can produce two goods: good X is labor-intensive and good Y is labor-intensive. As a result of international trade the
vekshin1

Answer:

Both goods are originally labor intensive, so we can conclude that the country has a lot of labor resources, while their capital resources should be rather limited. Since the world price of good X increases compared to the price of good Y, then the country will export larger amounts of good X since its price is relatively higher.

4 0
3 years ago
Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward
DIA [1.3K]

Answer:

takeoff

Explanation:

Is the third stageof economic development in which rapid economic growth occurs, theeconomy diversifies from few industries to several industries.

5 0
3 years ago
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