A measure such as direct labor-hours or machine hours used to assign overhead costs to products and services is called a cost driver or an allocation base.
An entity allocates its overhead costs on the basis of an allocation base. An allocation basis is a measurement, such as the amount of square footage occupied, kilowatt hours consumed, or machine hours used.
Cost accounting assigns overhead expenses using an allocation base. An allocation base can be a quantity, such as the amount of machine hours used, kWh spent, or occupied square footage.
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Answer:
We need the slope of each category.
Explanation:
Having the amount of each category is not enough to find the responsive of each one of them to a change in their prices, we need a measure called elasticity, this indicator measures the responsive of a product to a change in its price.
Gayla arranged to sell Riha's car to a Denver Public School employee right away; Riha's name appeared to be on the car's title assignment. She sold Riha's property and relocated all of his furnishings and personal belongings to her Denver residence. She gave the Denver Art Museum his collection of artwork, which was valued at about $19,000. She donated his books to Denver's Loretto Heights College. Gayla divided up all of his belongings.
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What has made the Denver Art Museum famous?</h3>
It is renowned for its collection of American Indian art, as well as for The Petrie Institute of Western American Art, which is in charge of the Museum's Western art collection, and for its other collections, which total more than 70,000 unique pieces from all over the world and the centuries.
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Answer:
High context cultures are heavily dependent on non verbal cues and subtle situational cues while communicating with others. In such cultures a person's reputation, prestige, status in society are considerably important.
Explanation:
In high context cultures are complete contrast to low context. In low context cultures, communication takes place clearly through language and rules of communication are clearly stated. While on the other hand in high context cultures, communication is subtle through body language, tone of voice, person's status etc. The use of contextual elements is more.