Answer:
$2 per hour
Explanation:
<u>Given</u>: Budgeted indirect cost $4000
Budgeted allocation base ; 2000 hours
Actual indirect costs incurred: $4200
Actual allocation base : 2050 hours
Standard rate for allocation of indirect cost = Budgeted indirect cost/Budgeted allocation base
= $4000/2000 hrs
= $2 per hour
Budgeted or standard indirect cost rate refers to the estimated indirect cost rate which is arrived at by dividing budgeted expenses by budgeted allocation base i.e budgeted hours here.
Answer:
Benjamin Lang was just 14 years when he decided to become his own business and hence become an entrepreneur. And he soon realized that the biggest challenge in front of him was to win the trust of the clients. And that requires a complete sacrifice plus the best level of skills to tackle the real world and project requirements. It's not that easy to win the trust of the clients. You need to work quite hard to show through your performances that you can fulfill any of the client's requirements, and only then you will be able to ensure that clients trust you, and you end up being a successful entrepreneur.
Explanation:
Answer:
Option (a) is correct.
Explanation:
Given that,
Completed units during June = 65,000 units
Ending inventory units = 7,000 units
Beginning inventory units = 4,000 units
Number of material equivalent units of production in the June 30:
= Completed units during June + Ending inventory units - Beginning inventory units
= 65,000 units + 7,000 units - 4,000 units
= 68,000 units
Therefore, the number of material equivalent units of production is 68,000 units.
Answer:
The answer is "205,241"
Explanation:
Its relative value operation:
Smooth skin Seedling Skin Total
A Unit sold 
selling price per unit 
Sales value 
Join its cost allocate
Smooth Skin is assigned the combined costs within each development process by way of the relative cost process 205,241
Answer:
A recession
Explanation:
A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.
Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities. There is reduced consumer confidence leading to low retail sales and a decline in prices.
Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall. Economist considers recessions a part of a normal business cycle.
