Answer:
Machine setups= $173.8 per setup
Special processing= $136.67 per machine hour
General factory= $13 per direct labor hour
Explanation:
<u>To calculate the activities cost rates, we need to use the following formulas:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Machine setups= 34,760 / 200= $173.8 per setup
Special processing= 136,670 / 1,000= $136.67 per machine hour
General factory= 819,000 / 63,000= $13 per direct labor hour
Answer:
c.They are at a disadvantage when paying back borrowed money.
Explanation:
In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.
Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.
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Answer:
Explanation:
Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6
Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2
Cross Elasticity = -0.2 / 0.8 = -0.4