The total federal budget based on the budgeted interest on national debt is $3550 billion($3.55 trillion)
What percentage of the budget is $164 billion on national budget?
The spending on interest regarding the national debt is 4.62% of the entire federal budget, on that basis, we can convert the 4.62% to what 1% term and multiply that by 100% to ascertain the total federal budget.
4.62% of federal budget=$164 billion
1 % of federal budget=$164 billion/4.62
1 % of federal budget=$35.50 billion
100% of federal budget=$35.50 billion*100
100% of federal budget=$3.55 trillion
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The Statement: "We have permitted ourselves to be stampeded into a life of unnatural and dangerous high pressure is onw where Assumption was not made.
<h3>What is a true assumption?</h3>
If a person make an assumption that something is said to be true or will take place, the person need to accept that it is true or that it will occur, often without any kind of proof.
When you look at the statement above, there is no fact to prove that the said assumption is true and therefore, the Statement: "We have permitted ourselves to be stampeded into a life of unnatural and dangerous high pressure is onw where Assumption was not made.
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Answer:
(D) $48 per machine hour
Explanation:
The predetermined overhead rate is given by total estimated overhead divided by the total estimated machine hours
Total estimated overhead = $7,584,000
Total estimated machine hours = 158,000 hours
Predetermined rate = $7,584,000 ÷ 158,000 hours = $48 per machine hour
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Neither a favorable nor an unfavorable balance of trade with Jamaica.
