Answer:
Estimated manufacturing overhead rate= $10 per direct labor hour
Explanation:
Giving the following information:
estimated manufacturing overhead= $2,886,000
estimated direct labor dollars= 288,600
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 2,886,000/288,600= $10 per direct labor hour
D. Identify which tasks are primary and which are dependent.
Answer:
D
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.
for England,
opportunity cost of producing clothes = 5/10 = 0.5
opportunity cost of producing cheese = 10/5 = 2
for France,
opportunity cost of producing cheese = 5/10 = 0.5
opportunity cost of producing clothes = 10/5 = 2
England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese
Yes , Judy and Kristy have an enforceable binding contract
Explanation:
Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.
Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.
The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.
The country of origin effect happens when the place a product was manufactured influences how consumers perceive the product.
<h3>
What is a country of origin effect?</h3>
- COO stands for Country of Origin.
- The practice of marketers and consumers identifying brands with countries and basing purchasing decisions on the country of origin of the product is referred to as effect.
- The country of origin effect occurs when the location of a product changes how consumers perceive the product.
- Consumers assume product features based on country stereotypes and previous encounters with products from that country.
- As a result, a COO cue has become an essential information cue for customers who are more exposed than ever before to internationalized product selection and multinational marketing.
Therefore, the country of origin effect happens when the place a product was manufactured influences how consumers perceive the product.
Know more about the country of origin effect here:
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