Answer:
Bob's predetermined overhead rate = 9.91
Explanation:
Calculation for predetermined overhead rate
Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours
Predetermined overhead rate = 110917 / 11198
Predetermined overhead rate = 110.917 / 11.198
Predetermined overhead rate = 9.91
Answer:
C. lower; higher
Explanation:
A country that trades internationally, imports a good at a price lower than what domestic producers could produce the good for before the country began to trade internationally and exports a good at a price higher than what domestic producers could sell a good for before the country began to trade internationally.
Answer:
Anne should increase the order quantity to 162 units, that way the company will save $154 per year.
Explanation:
economic order quantity (EOQ) = √(2SD / H)
- order cost = $35
- holding cost per unit = $8
- annual demand = 3,000 units
EOQ = √[(2 x $35 x 3,000) / $8] = 162 units
total order cost per year = order costs x number of orders = $35 x (3,000 / 100) = $35 x 30 = 1,050
holding costs per year = average inventory x holding cost = 50 x $8 = $400
if EOQ is used:
order cost per year = (3,000 / 162) x $35 = $648
holding cost per year = 81 x $8 = $648
total savings = ($1,050 + $400) - ($648 + $648) = $154
Encrypting transfer of card data --> Credit card data protection
Installing a firewall --> Secure network
Installing antivirus software --> Vulnerability management program
Assigning unique IDs and usernames --> Strong access controls
Hopefully this is right, and it helps (:
