Answer:
$7.3 per direct labor hour
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= ($582,400) ÷ (80,000 direct labor hours)
= $7.3 per direct labor hour
Basically we divided the total estimated overhead by the estimated direct labor hours so that the predetermined overhead rate could come
The potential profit if the future contract on the index for the stock is priced at $1350 will be $39.45.
<h3>What is potential profit?</h3>
The ability or the capacity of an individual or a group to potentially earn higher amount of monies in the future trading transactions during a given financial period, is known as potential profit.
The computation of potential profit will be such that the return at the rate of 3.8% would have a given a maximum return of $48.9 annually($24.45 in 6 months); however, the index after 6 months is priced at $1350.
Potential Profit= 91350-1335+24.450 = $39.45
Hence, the potential profit is as computed above.
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Answer:
A. Partnership
Explanation:
Based on the description of this scenario it can be said that the best option for Mary would be a Partnership. This means that she will share ownership and profit with those involved but at the same time will also share the liabilities. This will make sure that the other tattoo artists will do their utmost best since they will have to deal with the consequences as well if they do not. Which in term protects Mary.
Answer:
C
Explanation:
Because they need to know they will be successful in the new market.
