Answer:
Applied overhead = $380,250
Under applied by = $71,750
Explanation:
Firstly, we know that the formula for overhead rate is ;
Overhead rate = Cost of manufacturing overhead/Cost driver
It also means that to get the predetermined overhead rate, the expected cost will be distributed along a cost driver. Hence;
Labor hours = $396,500/61,000 = $6.5
The above rate would then be applied to the actual labor hour for the period
= $58,500 × $6.5 = $380,250
It therefore means that the applied overhead for the period is $380,250
We will now compare the applied overhead with actual overhead
= $380,250 - $452,000
= ($71,750)
It means that the overhead was under applied as the actual overhead cost was higher.
Major benefits of business in the local economy include a boost in employment and discretionary income in the community, tax income increases for local governments and a loyal customer base for businesses.
I think the most appropriate answer would be "a car dealership salesman" would be the opportunity cost.
I hope it helped you!
The question is incomplete. The complete question is:
Rebecca Minkoff's integration of technology and fashion has resulted in innovate products and an enjoyable shopping experience that stands out in the world of retail fashion. This illustrates _______.
a.multi-channel retailing
b.retail positioning
c.category management
d.atmospherics
e.store image
Answer:
Retail positioning
Explanation:
Retail positioning helps to differentiate a particular retailer from its competitors due to the various unique features possessed by the retailer.
This type of positioning helps to provide a high competitive advantage to the retailer by differentiating the business from the rest of it's competitors.
An effective positioning strategy can contribute immensely to a retailer's overall success in the market.
Rebecca Minkoff's integration of technology and fashion has positioned her in a top level in the retail market, it has made her business stand out among her competitors.
Crosby signs a contract with Subban and agrees to meet at Subban's business at the conclusion of each work day, before the first payment is due, and then files a lawsuit against Subban, claiming that the license is unenforceable because the license's objective is to protect the public.
<h3>What is contract?</h3>
A contract is the legal agreement between the two parties. It contains all the essentials of section 10. On the breach of such contract, the party who break the contract will be punishable under the act.
Crosby and Subban have a contract in which Crosby agrees to sweep Subban's retail store at the end of each work day. Subban discovers Crosby is unlicensed before the first payment is due.
All retail floor sweepers in Florida are required to be certified and pay annual dues.
As a result, Subban does not compensate Crosby for his efforts. When Crosby s pursues a breach of contract complaint against Subban to court, the judge will conclude the contract is invalid since the purpose of the license is to protect the public.
Therefore, the contract is unenforceable.
Learn more about the contract, refer to:
brainly.com/question/2669219
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