Answer:
Requirement: <em>Determine the overhead rate for each activity "Materials handling, Machine setups, Quality inspections"</em>
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Materials handling overhead rate = Total cost / Cost driver volume
Materials handling overhead rate = $30,000 / 1,000
Materials handling overhead rate = $30
Machine setups overhead rate = Total cost / Cost driver volume
Machine setups overhead rate = $23,750 / 475
Machine setups overhead rate = $50
Quality inspections overhead rate = Total cost / Cost driver volume
Quality inspections overhead rate = $19,000 / 475
Quality inspections overhead rate = $40
Increase in salary after you have completed the first year of your apprenticeship, if completed in line with your development objectives
Part of the British Airways apprentice network and community, with the opportunity to engage with apprentices from all schemes in the business and learn from former apprentices
Involvement in our ambitious sustainability vision, volunteering an active role to champion specific community groups including LGBTQ+ 'Flying Proud' and ethnic minority colleague network Be ME
Answer:
C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle
Explanation:
At first glance, it is easy to identify that alternatives A and C are antagonistic meaning that one or the other must NOT be true.
Cash conversion cycle (CCC) describes the amount of days a company requires to convert its investments into cash flows from sales.
Production Cycle and Collection Cycle are both related to assets and thus are positive in the equation for the CCC. The payment cycle is a liability and therefore must be taken as negative in the equation.
The alternative C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle is NOT true
Mixed is the most common type of economy today.
