Answer:
Overhead rate= 1.2
Explanation:
Giving the following information:
The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period.
Direct material= $500, & $300
Direct labor= $400 & $600
Manufacturing overhead =?
Work in process= direct material + direct labor + manufacturing overhead
3000= 800 + 1000 + MOH
3000-800-1000= MOH
1200= MOH
Overhead rate= moh/direct labor
Overhead rate= 1200/1000= 1.2
Answer:
i think its b even tho im probbly wrong
Answer:
<em>New Buy</em>
Explanation:
A new buy <em>is a situation that requires an item to be purchased for the very first time. </em>
It is crucial for the business seller to provide a compelling argument in this type of purchasing situation to use their product line and a lot of information to help the business owner make an informed choice.
A new buy scenario can take much longer to happen as participants in the research evaluation and purchase center will have to make the final decision.
Answer: Option E
Explanation: A perfectly competitive company is known as a price-taker, because the competition of competing firms causes them to embrace the prevailing market price of equilibrium.
If a company raises the price of its product by as much as a penny in a perfectly competitive structure,then it will lose all of its sales to other firms. In such structures the prices are determined by the marker forces of demand and supply.
Hence from the above we can conclude that the correct option is E.
Answer:
hold Chance but not the company liable
Explanation:
In this scenario Chance is an independent contractor so his actions are not representative of the companie's.
When an independent contractor causes damages while working the company will not be held liable for his negligence.
So in this scenario where Chance negligently runs a stop sign and causes an accident and Judy is injured. Only Chance is liable
