Answer:
B, 195750
Explanation:
Let's first figure out the manufacturing overhead per direct labor hour
175500/13000= 13.5
So we allocate 13.5 in manufacturing overhead per direct labor hour
Let's the mulitply this by the number of actual direct labor hours
14500*13.5=195750
Answer:
b. all development cost are expensed as incurred
Answer:
No
Explanation:
Most banks require you to be either of age, or have a joint account with either a parent or guardian. It really depends on the bank.
Answer:
The lower- of- market- or cost for the item is $21
Explanation:
In the lower of cost or market, the market begins at the replacement cost which is $20, which is then limited or restricted to a ceiling and a floor.
The ceiling is computed as:
Ceiling = Selling price - Completion cost
where
selling price is $30
Completion cost is $2
Putting the values above:
Ceiling = $30 - $2
Ceiling = $28
Computing the floor as:
Floor = Ceiling - Normal profit margin
Floor = $28 - $7
Floor = $21
As the market cannot be lower than the floor which is $21. Therefore, the lower of cost which is $26 and the market which is $21. But have to take lower. So, it is $21.
Answer:
The answer is: A) the diffusion of economic power limits its potential abuse.
Explanation:
Ina market system, producers will be willing to offer what consumers are willing to pay. That means that consumers are "kings" if competition exists in a market. Consumers should be able to choose what product suits them best and satisfies their needs. A large number of suppliers guarantees more consumer satisfaction.
Problems start when competition starts to vanish and monopolies appear.
