This is TRUE.
$50,000 might be a middle-class living in the mid west but wouldn't get you very far in New York City or San Francisco because cost of living in those cities is so much higher.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Estimated overhead= $396,000
Department:
Consumer= 700
Commercia= 300
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 396,000/1,000= $396 per loan processed.
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 396*300= $118,800
Answer: d
To find a companies net worth you subtract total liabilities from total assets
Your welcome…
Answer:
The weighted-average unit contribution margin is $610
Explanation:
Hi, first we need to find the contribution margin for each line of product. This is as follows.
Laptops
Desktops
Now, the weighted-average unit contribution margin is as follows.
So, the weighted-average unit contribution margin for this company is $610
Best of luck
Answer:
The answer is C.
Explanation:
Necessity goods are the goods or services that a consumer will continue buying whether income falls or the price rises. This type of goods are considered essential. The are not sensitive to price. To Jane, Diet coke is a necessity because she takes it everyday.
While luxury goods are goods that are really not essential. They are owned or bought for the sake of showing wealth or affluence. To Jane, gourmet cheese is a luxury good.
