Answer:
Overhead= $3,212
Explanation:
Giving the following information:
Sigma Corporation applies overhead costs to jobs based on direct labor cost.
Job W, which is still in process at year-end, shows charges of $2,700 for direct materials and $4,400 for direct labor.
Job V:
$6,300 for direct materials.
$8,500 for direct labor.
$6,205 for overhead on its job cost sheet.
First, we need to calculate the overhead rate.
Overhead rate= 6205/8500= $0.73 per direct labor dollar
Job W:
Direct labor= 4,400
Overhead= 4,400*0.73= $3,212
She is correct because 28 inches is a greater form of unit in measurement that centimeters.
Answer:
Increase, Increase.
Explanation:
The real GDP “Increases” and the price level “ increases” because the reduction in the tax rate will increase the purchasing power and then people will consume more. Thus, the aggregate demand rises and this rise in the aggregate demand will shift the demand curve rightwards. Resulting in an increase in the price and real GDP increase because the new market equilibrium will be above the old equilibrium.
Answer:
C) Provide products to the market because that is the task you have been assigned by central planners.
Explanation:
A command economy or command market is an economy where the government controls everything: production, investment, prices, and incomes.
In such a market you are assigned where to work and what to do, you are not free to decide what you would like to study and what work you would like to do. The same applies to businesses, they all depend on the government.