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givi [52]
3 years ago
10

Moonrise Bakery applies factory overhead based on direct labor costs. The company incurred the following costs during 2017: dire

ct materials costs, $660,000; direct labor costs, $3,100,000; and factory overhead costs applied, $2,170,000.
1. Determine the company's predetermined overhead rate for year 2017.
Business
1 answer:
Bumek [7]3 years ago
6 0

Answer:

$0.70

Explanation:

Given that,

Direct materials costs = $660,000

Direct labor costs = $3,100,000

Factory overhead costs applied = $2,170,000

company's predetermined overhead rate for year 2017:

= Factory overhead costs applied  ÷ Direct labor costs

= $2,170,000 ÷ $3,100,000

= $0.70

Therefore, the company's predetermined overhead rate is 0.70

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Roger is hired by an international HR consulting firm as its Outplacement Counselor. Prior to receiving extensive training on th
Roman55 [17]

Answer:

The correct option here is B)

Explanation:

The non compete clause is an agreement between an employer and employee ( as it is in this question between Roger and HR consulting firm ) , where an employee agree to the wishes of employer to not to work for firms which are competing against the employer in the same market.

4 0
3 years ago
At the beginning of a recession in 2018, unemployment begins rising. Unemployment increases from 4.6% to 7.9% in 4 months. What
Sergeeva-Olga [200]

Answer:

Should be done: a counter cyclical or a growth-oriented  fiscal policy ,deficit spending and stabilize the aggregate demand.

Explanation:

Keynesian economy is a macroeconomic theory based on the views of the 20th century British economist John Maynard Keynes. Keynes' economy advocates a mixed economy where the private sector is predominant but the state and the public sector play a major role. According to the Keynesian theory, the sum of all the micro-economic behaviors shown by all individuals and businesses results in inefficiency and the economy operates at a level below its potential output and growth. When total demand for products is insufficient, the economy enters a crisis and unnecessary unemployment arises due to defensive behavior of the producers. In such cases, the government may pursue policies to increase aggregate demand, and as a result may accelerate economic activities and reduce unemployment. Most Keynesian propose policies to stabilize the business cycle. For example, if the unemployment level is too high, the state can pursue a growth-oriented monetary policy.

Keynes was thinking of reviving the economy with low interest and state investments as a solution to the Great Depression. The government increases investment income and consequently consumption, resulting in more production and investment, resulting in increased consumption again. The first economic stimulus investment triggers a series of events and the subsequent investment provides a much tougher economic efficiency. According to Keynes, money supply is provided by monetary authority (eg central bank) and monetary policy affects prices. When interest rates fall below this normal rate, investors avoid buying bonds and prefer to hold cash in anticipation of higher rates. When interest rates are above this normal rate, they tend to buy bonds with the expectation that they will fall. Therefore, it can be said that there is a negative relationship between money demand and interest rate.

8 0
4 years ago
Net present value: Select one: is the best method of analyzing mutually exclusive projects. is less useful than the internal rat
Leto [7]

Answer:

Is the best method of analyzing mutually exclusive projects.

Explanation:

Net present value is equal to the present value of all the future cash flows of a project, less the initial outlay of project.

Net present value analysis simply concluded about a project to be worth doing when it finds the present value of future cash flows greater than the initial investment and vice versa.

We just have to see which is higher, the present value of future cash flows or the initial investment.

It is assumed that an investment with a positive NPV will be profitable, and an investment with a negative NPV will result in a net loss.

3 0
3 years ago
A writer estimates it will take three months to generate spiffy documents to accompany a seminal work in operations management.
Anarel [89]

Answer:  D) Subjective and inaccurate.

Explanation:

Estimation based on subjective analysis that is done on personal thoughts, opinion and view.It does not consider facts and figure to make approximation rather person's own perceptions are considered.Accuracy defines exactness and preciseness of any anything.

According to the question, estimation made by writer was not accurate because he missed the deadline in terms of time and did not include facts and information to make estimation rather it was made on personal thinking.

Other options are incorrect because estimation is not precise and objective. Thus, the correct option is option(D).

4 0
3 years ago
Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their no
Cloud [144]

Answer:

Sooner Company

Trial Balance

For the month ended April 30, 202x

                                          Debit                 Credit

Cash                                $2,600

Accounts Receivable     $4,800

Prepaid Rent                   $6,100

Land                              $47,000

Accounts Payable                                      $3,000

Deferred Revenue                                      $1,650

Common Stock                                        $27,000

Retained Earnings                                    $19,750

Service Revenue                                      $24,100

Salaries Expense             $6,900

Supplies Expense             $8,100

Totals                              $75,500           $75,000

When you are preparing a trial balance, you must report the accounts with their normal balances, e.g. assets have a normal debit balance while equity has a normal credit balance.

6 0
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