Answer:
$34 per hour
Explanation:
Direct labor hour
s:
= Labor cost ÷ Rate per hour
= $36,550 ÷ $17
= 2,150 Direct labor hours
Predetermined overhead rate
:
= Overhead applied on the basis of direct labor hour ÷ Number of hours
= $73,100 ÷ 2,150 hrs
= $34 per hour
Therefore, the predetermined overhead rate using the labor rate of $17 per hour is $34 per hour.
If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.
<h3>Present value of the land</h3>
Using this formula
Present value=Income/Rate per annum
Let plug in the formula
Present value=$10,000/0.05
Present value=$200,000
Therefore If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.
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Answer:
The primary cost associated with the level production strategy is the cost of
A.holding inventory.
Answer: True
Explanation:
As of February 2020, Target Corp's total liabilities were listed to be $30,946,000,000 while its shareholder equity was significantly lower at $11,833,000,000.
Target Corp therefore does indeed have liabilities that exceed owners equity and by a substantial amount. This has also been the trend since at least 2015.
Answer:
The correct answer would be lost market share and customers.
Explanation:
When companies start their business and their business starts to boom, they usually get busy in making their products better and better and usually forget to keep an active eye on the competition they have in the markets. Almost 80% of the business owners are clueless about the competition. Due to this negligence, companies start to loose their market share as well as the customers, because they don't have idea about what their competitors have introduced in the market and what strategies they have used to compete in the market.