Answer:
Option D.
Explanation:
The average propensity to consume (APC) refers to the ratio of consumption expenditures (C) to disposable income (DI):
APC = C / DI.
From the question, we are given:
Total income = $60,000
Savings = $10,000
Therefore:
Consumption expenditures (C) = 60,000 - 10,000 = $50,000
APC = 50,000 / 60,000
APC = 0.833 or 83.3%
Answer:
the applied overhead is $38,788.24
Explanation:
The computation of the amount of overhead applied is given below:
0.70 ÷ 1.70 × applied overhead + $23,900 + $71,700 = $39,190 + $150,610
0.70 ÷ 1.70 × applied overhead = $94,200
applied overhead is
= $38,788.24
Hence, the applied overhead is $38,788.24
Concurrent control takes place while an activity is in progress so problems can be corrected before they get out of hand.
Concurrent control is the method of observing and modifying ongoing operations and procedures. While not always proactive, these controls can stop issues from getting worse. Because it works with the present, concurrent control is frequently referred to as real-time control. Concurrent control can be demonstrated by changing the water's temperature while taking a bath.
Concurrent controls entail spotting and stopping issues as they emerge in an organization. This implies that systems are continuously monitored. Concurrent controls start with standards, against which all employee behavior is evaluated. These frequently include criteria for quality control. This implies that goods and services can be examined as they are created or rendered to guarantee that only the best goods or services are created or rendered. Concurrent controls are significant since they take place instantly.This emphasizes continuous procedures or things that an organization may alter immediately to ensure that the goals can be achieved.
To read about quality control see:
brainly.com/question/14167114
#SPJ4
A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.
Answer:
The answer is 245 days
Explanation:
The average collection period is the average number of days a business use to collect its accounts receivable. The number of days a business used to collect its business affects its liquidity as fewer days to collect these receivables are good for the business.
The formula is:
(Accounts receivables/Sales) x 365 days.
Accounts receivable - $7,183.
Sales ----------------------- $10,700.
Therefore, we have
($7,183/$10,700) x 365 days
245 days
