Answer:
A. The best use of scarce resources to achieve the maximum satisfaction of economic wants
Explanation:
Economics is a social science where by scarced resources is Been judiciously utilized in the production of goods and services for human satisfaction, because human wants are so numerous.
Among the different economic system that is used in the world today are capitalism ,socialism and communism,
Samuelson was regarded as the father of modern economics.
The total materials handling cost allocated to the wall mirrors is closest to: $5,103.
<h3>Total materials handling cost: </h3>
First step is to calculate the total expected material moves:
Total expected material moves= 500+100
Total expected material moves= 600
Second step is to calculate the total material handling cost allocated to wall mirrors:
Total material handling cost allocated to wall mirrors=$6,123.60× (500 /600)
Total material handling cost allocated to wall mirrors=$5,103
Inconclusion the total materials handling cost allocated to the wall mirrors is closest to: $5,103.
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Answer:
The answer is B. 8.4%
Explanation:
To solve this, we will use Capital Asset Pricing Model(CAPM)
Stock’s annual expected return=
Rf + beta(Rm-Rf)
Rf is the risk free rate
Risk premium is (Rm-Rf) - the difference between market interest rate and the risk free rate.
Rf is 3.7%
Risk premium is 5.6%
Beta is 0.84
3.7% + 0.84(5.6%)
3.7% + 4.7%
= 8.4%
Answer:
Answer is deep-level diversity
Explanation:
deep-level diversity is having difference in psychological traits such as decision making styles which the team experiences
Answer:
a. 15% of direct material cost
b. 30% of direct labor cost
c. $16,500
d. $37,500
Explanation:
The computation is shown below:-
a. Predetermine overhead rate = Direct-material related ÷ Total of direct labor
= 13,500 ÷ 90,000
= 15% of direct material cost
b. Predetermine overhead rate = Direct-labor related ÷ Total of direct labor
= 40,500 ÷ 135,000
= 30% of direct labor cost
c. Total overhead (A1) = Direct material × Predetermine overhead rate of direct material + Direct labor × Predetermine overhead rate of direct labor
= 30,000 × 15% + 40,000 × 30%
= $16,500
d. Total overhead (B2) = Direct material × Predetermine overhead rate of direct material + Direct labor × Predetermine overhead rate of direct labor
= 60,000 × 15% + 95,000 × 30%
= $37,500