Answer:
Allocated MOH= $825
Explanation:
Giving the following information:
The company recently completed Job M800 which required 150 direct labor-hours.
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (90,000/50,000) + 3.7
Predetermined manufacturing overhead rate= $5.5 per direct labor hour
<u>Now, we can allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 5.5*150
Allocated MOH= $825
Answer:
The Gramm-Bliley-Leach Act gives the Rosserdam Bank the liberty to perform those activities
Explanation:
The Financial Services Modernization Act of 1999 as Gramm-Bliley-Leach Act is popularly known, came into effect to override some sections of Glass–Steagall Act of 1933 which earlier prohibited insurance companies,commercial banks and investment banks from acting as one-stop shop for investment,insurance and commercial banking activities.
With new act taking its effect,a commercial bank customer does not have to go next door to get his or her investment and insurance needs satisfied as his or her commercial banker effectively serves as investment banker and insurance broker.
Answer:
B. Firm B: "Get fresh, hot pizza, delivered under 20 minutes-or it's free.
Explanation:
To attain a competitive advantage over the market, the company should make marketing strategies so that it could maximize its sales through which it can achieve its profit targets.
The customers could be attractive with the quality of products and services the company offers
In the given scenario, the customer wants the fresh plus hot pizza at the minimum time so that the customer can be fully satisfied with the amount he/she spent
So, the appropriate option is B.
Answer: B. 3
Explanation:
The expected arrival rate at service point is 45 customers per hour and reasonable service rate is 4 minutes.
The total numbers of customers each clerk can handled per hour is calculated below,
= (60 minutes)/ 4(minutes) = 15 customers
At the arrival rate of 45 customers per hour. The required number of clerks needed to handle 45 customers per hour is;
= customer arrived / customer served
= 45/15 =3
Therefore 3 clerks are required to keep the pace steady at an average time under 5 minutes.
Let's call
x = Amount of candy sold at $ 0.15.
y = Amount of candy sold at $ 0.08.
We must make the following system of equations:
x + y = 17
0.15x + 0.08y = 1.92
Solving the system of equations:
0.15x + 0.08 (17-x) = 1.92
0.15x-0.08x + 1.36 = 1.92
0.15x-0.08x = 1.92-1.36
0.07x = 0.56
x = 0.56 / 0.07 = 8
On the other hand,
x + y = 17
8 + y = 17
y = 17-8 = 9
Finally, Timmy bought 8 pieces of candy for $ 0.15.