first party is the one that I would do
Answer:
3.33%
Explanation:
Data provided in the question:
Real per capita GDP in South Korea in 1957 = $400
per capita GDP in South Korea in 1978 = $800
Total number of years taken to double the GDP = 21 years
Now,
Using the Rule of 70, which states that
Number of years to double the GDP = 70 ÷ (average annual economic growth rate )
thus,
21 years = 70 ÷ average annual economic growth rate
or
Average annual economic growth rate = 3.33%
Answer:
Maximum daily production rate= 6.125 units per day.
Minimum daily production rate= 75.38 units per day
Explanation:
Production rate is defined as the number of units of a product that is produced in a process in unit time.
In this instance we are to calculate the production rate per day.
It is given that a cycle consists of 40 activities. Completion time for 40 activities is 80 minutes.
Daily production rate = Total time of production/Time to complete one cycle
Maximum daily production rate= 490/80= 6.125 units per day.
Minimum daily production rate= 490/6.5= 75.38 units per day
Answer:
The correct answer is C: $944
Explanation:
Giving the following information:
Single plantwide predetermined overhead rate based on machine-hours. Total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours.
First, we need to determine the manufacturing overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= (237000/30000)+3.9= $11.8 per machine hour.
Now, we can calculate the allocated overhead:
allocated overhead= Estimated manufacturing overhead rate* actual amount of allocation base= 11.8*80= $944
Its not receveable for sure already to the test and got it wrong
