Answer:
25%
Explanation:
Given that,
Direct labor = $468,000
Direct materials = $390,000
Factory overhead = $117,000
The overhead rate as a percent of direct labor cost is determined by dividing the factory overhead by the direct labor cost.
Overhead rate:
= (Factory overhead ÷ Direct labor cost) × 100
= ($117,000 ÷ $468,000) × 100
= 0.25 × 100
= 25%
Answer:
relevant cost to make are $9.00
Explanation:
Consider the avoidable costs only because they are relevant for this decision.
Direct materials $2
.00
Direct labor $3
.00
Variable manufacturing overhead $4
.00
Total $9.00
Answer:
1.
Cash + Supplies = Accounts Payable + Pat Glen Capital - drawings + sales commission - Salaries Expense - Rent expense - automobile expense - supplies expense - misc expense
$25,000 + $1,850 = $1,850 - $1,200 + $25,000 - $4,000 + $41,500 - $5,000 - $3,600 - $3,050 - $900 - $1,600
Explanation:
Income Statement :
Sales Commission $41,500
Rent expense $3,050
Misc Expense $1,600
Supplies expense $900
Salaries Expense $5,000
automobile expense $3,600
Expense Total $14,150
Net income $27,350
meet customers to determine their risk profiles
and recommend different types of insurance
to mitigate those risks>insurance sales agent
help individuals and families manage and grow
their money>personal finance manager
help clients buy, sell, and rent properties>real estate broker
manage their clients’ taxes>tax accountant
Answer: D. Unemployment rates are rising while GDP is falling.
Explanation:
A rising Gross Domestic Product (GDP) and a low unemployment rate are signs that an economy is doing well because it shows that the economy is growing and people have jobs that can give them access to income to spend in the economy.
If Unemployment starts rising therefore and GDP is falling, the economy is not growing but is rather contracting. People increasingly do not have access to income to spend on goods and services and companies are not hiring people because they are unable to sell as much goods and services.
