The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.
<h3>What is a federal budget?</h3>
A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.
This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.
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Answer:
156.6%
Explanation:
Given:
Cosi Company's Incurred over head for the next period = $830,000
Expected labor hours = 53,000
Cost of labor = $10.00 per hour
Thus,
Total labor cost = 53,000 × $10.00 = $530,000
Now,
the Cosi Company's predetermined overhead rate will be calculated as:
Predetermined overhead rate = Incurred overhead / Total labor cost
on substituting the respective values, we get
Predetermined overhead rate = ( $830,000 / 530,000 ) = 1.566
or
Predetermined overhead rate = 1.566 × 100% = 156.6%
Answer:
From maintenance to department B will be allocated 85,333 dollars
Explanation:
We distribute maintenance over personnel and operating and then,
we distributed the accumulated in personnel over the operating department:
![\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccccc%7D%26Maintenance%26Personnel%26Dep%20A%26Deb%20B%5C%5C%24maintenance-hours%26%26800%26960%26640%5C%5C%24employes%26%26%26160%26480%5C%5C%24Direct%20%5C%3A%20Cost%26320%2C000%2680%2C000%26160%2C000%26240%2C000%5C%5C%24Allocate%20A%26-320%2C000%26106%2C667%26128%2C000%2685%2C333%5C%5C%24Subtotal%26%26186%2C667%26288%2C000%26325%2C333%5C%5C%24Allocate%20J%26%26-186%2C667%2646%2C667%26140%2C000%5C%5C%24Total%26%26%26334%2C667%26465%2C333%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<em><u>For the given question it would be:</u></em>
total maintenance-hours: 800 + 960 + 640 = 2,400
<u>allocation of maintenance:</u>
320,000 x 640/2400 = 85,333
Answer:
It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.
Explanation:
