Answer:
$57,400
Explanation:
The computation of the estimated total manufacturing overhead for the Customizing Department is shown below:
= Total fixed manufacturing overhead cost + Direct labor-hours × Variable manufacturing overhead per direct labor-hour
= $35,000 + 7,000 direct labor hours × $3.20
= $35,000 + $22,400
= $57,400
All other information that is given in the question is ignored.
<span>Breached.
Explanation: A contract is a legally binding agreement between two parties. Once an agreement is signed between two parties, both parties are subject to terms and conditions written in the agreement.
As in the above example, Flora agrees to sell harvesters grocery a minimum quantity of fresh fruits and vegetables every week for three months, that means Flora is subject to the agreement that she will sell that no matter what the future market price will be, whether it increases or decreases. As Flora decides not to deliver the agreed order, it is a violation of terms and conditions of the agreement/contract. So the contract is breached.</span>
Answer:
D : 2.17%.
Explanation:
The 26% is an APR(Annual Percentage Rate). This is a quoted rate that a credit card company charges . It is also known as the nominal rate.
Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;
Monthly rate = APR / n
APR = 26% or 0.26 as a decimal
n = compounding periods = 12
therefore, Monthly rate = 26% /12 = 2.17%
