Answer:
Results are below.
Explanation:
<u>First, we need to calculate the predetermined overhead rate for each activity:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Machine setups= 27,945/207= $135 per set up
Special processing= 236,500/4,300= $55 per machine hour
<u>Now, we can allocate costs to each product:</u>
Hubs:
Machine setups= 135*115= $15,525
Special processing= 55*4,300= $236,500
Total= $252,025
Sprockets:
Machine setups= 135*92= $12,420
We weren't provided with enough information to calculate the unitary cost. <u>Information regarding direct labor hours and the number of units is missing.</u>
Answer:
If the price of a security represented by the futures contract <u>INCREASED</u> over the year, then these speculators would likely have purchased the futures contract for <u>LESS</u> than they can sell it for.
Explanation:
The whole idea behind securities trading is to buy cheap and sell at a higher price. The term speculator usually refers to an investor that only trades with securities to be able to make short term gains, they do not invest money as long term investments. There is nothing wrong with them, it a risky job that yields high gains or extreme losses.
Answer:
d. Making the guest welcome, making the operation run correctly, keeping control operating costs.
Explanation:
The basic work of managers in the hospitality industry calls for: Making the guest welcome, making the operation run correctly, keeping control operating costs.
The hospitality industry's backbone is comprised of customer service, it is the foundation and cornerstone of all segments of the industry. A business may focus on one or all facets of hospitality but the level of success achieved is dependent on how well the managers and staff, are serving their customers.
Answer:
D. produces output and earns an economic profit.
Explanation:
The firm will produce as making the product will pay the cost of the units produced with the current market price of the final good.
As the price is above the average total cost the firm will also earn an economic profit (that is after the accounting profit of explicit cost we subtract the opportunity cost with are implicit in any business and even there, the company manages to get a profit.
They pretty much agree to get something say like money for free but then they eventually have to pay it back.