Answer:
1. $3,380
2. $2,175
Explanation:
Part 1
Predetermined overhead rate = Total Overheads for the Company ÷ Total Direct labor-hours for the Company
= $ 15,080,000 ÷ 232,000
= $65
Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) = $3,380
Part 2
<em>Assembly department</em>
Predetermined overhead rate = $ 7,250,000 ÷ 145,000
= $50
<em>Assembly department</em>
Predetermined overhead rate = $ 7,830,000 ÷ 290,000
= $27
Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175
The process of documenting project procurement decisions specifying the approach and identifying potential sellers
Answer:
2.88%
Explanation:
According to the fisher equation :
(1 + Nominal interest ) = (1 + real interest) (1 + inflation rate)
(1.07) = (1.04) x (1 + real interest)
(1.07) / (1.04) = (1 + real interest)
1.028846
real interest rate = 2.88%
Answer:
A. wastefulness - production inside PPC ; B. Economy growth - PPC shift outwards/rightwards ; C. Economy at Productive Efficiency - production on PPC ; D. Unattainable Production- Outside PPC
Explanation:
PPC is graphical representation of production combinations that an economy can produce, given resources & technology.
PPC is based on assumption : That resources are best efficiently utilised. So, all product combinations ON PPC reflect 'Economy is at Productive Efficiency'
All production points INSIDE PPC reflect inefficient utilisation of resources i.e 'Wastage'
Points OUTSIDE PPC are 'Unattainable Product Combinations'- as they are beyond economy's best optimum production, given resources & technology.
'Economic growth' is increase in resources &/or technology which increases economy's production potential and PPC curve SHIFTS rightwards or outwards.