Answer:
A) 40
Explanation:
The chart is not very clear, but the information included is:
- it takes four hours to produce one shirt
- it takes two hours to produce one pair of socks
If the total number of labor hours is 80, then the maximum number of socks produced will = 80 hours / 2 hours per pair of socks = 40 pairs of socks
The total number of shirts produced would be 20.
Answer:
Total cost= $8,966
Explanation:
Giving the following information:
Direct materials $3,991
Direct labor-hours 85 labor-hours
Direct labor wage rate $13 per labor-hour
Machine-hours 129 machine-hours
The predetermined overhead rate is $30 per machine-hour.
The total cost is calculated as follow:
Total cost= direct material + direct labor + allocated overhead
Total cost= 3,991 + (85*13) + (129*30)
Total cost= $8,966
Answer:
D. how much the person has borrowed compared to how much he or she earns
Explanation:
A person's debt-to-income ratio, abbreviated as DTI, is a measure of a person's monthly debt obligation against their monthly gross income. It shows the fraction or percentage of gross income that is committed to debt repayments. Lenders use the debt-to-income ratio to assess a borrower's ability to repay future loans.
Calculating the debt-to-income ratio requires one to add up all their existing loan repayments and divide that figure with their gross income. Lenders insist on a ration that does not exceed 36% as per the 28/36 rule.
Answer:
Principal
Explanation:
The principal has the right to abolish the relation or set the objectives of the agent and allocation of task and authority delagated to the agent. This control is given to principal by law to protect his interests.
