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2 years ago

The Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.

Business

1 answer:

RideAnS [48]2 years ago

5 0

Answer:

True

Explanation:

Industrial Revolution can be regarded as transition from old to the new manufacturing processes which begins from some part of the world such as

Europe and United States, within some period from of 1760 and it's improving up till date. Some of the causes of Industrial Revolution are development of trade as well as the rise in business activities. It should be noted Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.

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Santino bought a book for $23.54 the price of the book was $22. what was the sales tax rate

notka56 [123]

Hi there! The answer is 7%

The price of the book is $ 22.
Santino bought it for $ 23.54.
Therefore, the amount of tax is $ 1.54

Now we can find the sales tax rate by using the following formula:
$tax \: rate = \frac{tax}{price \: excluding \: tax} \times 100\%$

Filling in gives:
$tax \: rate \: = \frac{1.54}{22} \times 100\% = 7\%$

3 0

3 years ago

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

dlinn [17]

Answer:

Selling price= 240*1.4= $336

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (252,000/30,000) + 2.1

Predetermined manufacturing overhead rate= $10.5 per machine hour

Job T687:

Number of units in the job 10

Total machine-hours 30

Direct materials $ 675

Direct labor cost $1,050

Now, we need to allocate overhead and determine the total cost:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 10.5*30= $315

Total cost= 675 + 1,050 + 315= $2,040

Finally, the unitary cost and selling price:

Unitary cost= 2,040/10= $240

Selling price= 240*1.4= $336

3 0

2 years ago

Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she n

Katyanochek1 [597]

Answer:

Option (c) is correct.

Explanation:

Given information states that bananas and tangerines are substitute goods. We know that the cross price elasticity of substitute goods is positive which means that there is a positive relationship between the price of one good and the quantity demanded for substitute good.

Therefore, in our case as the price of bananas increases and all the other factors remains constant then as a result the quantity demanded for tangerines increases.

3 0

3 years ago

How does innovation promote economic growth?

Dafna11 [192]

C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.

Hope this helps!

4 0

3 years ago

Amy and Todd Irving's monthly expenses for June, July, and August are as follows: June: $3,260, July: $3,537, and August: $3,430

Sunny_sXe [5.5K]

The correct answer is $3409

Explanation:

The average refers to the number or value that represents the "mean" or "middle point" in two or more values. Moreover, the general rule to find this value is to add all the values, in this case, it is necessary to add the expenses of the three months, and then divide the total by 3 (number of values) as there are three months. The process is shown below:

$3260 + $3537 + $3430 = $10227

10227 ÷ 3 = 3409

3 0

2 years ago