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Neko [114]
3 years ago
10

During 2017, Ziplock Manufacturing expected Job No. 89 to cost $700,000 in overhead, $1,000,000 in direct materials, and $500,00

0 in direct labor. Ziplock used direct materials cost as the activity base. Actual production required $1,200,000 in direct materials, $420,000 in direct labor, and the job was completed in 2017. The amount of over- or under-applied overhead relative to this job is Select one: a. not able to be determined from the provided information. b. $260,000 over-applied. c. $140,000 over-applied. d. $140,000 under-applied. e. $260,000 under-applied.
Business
1 answer:
irga5000 [103]3 years ago
7 0

Answer:

a. not able to be determined from the provided information.

Explanation:

For determining the over applied or under applied, first, we have to compute the predetermined rate based on the direct material cost which is  

= $700,000 ÷ $1,000,000

= $0.70

Now the applied overhead is  

= $0.70 × $1,200,000

= $840,000

And, the actual overhead amount is not given by which we can find out the underapplied or overapplied overhead amount

So, in this case, the correct option is a.

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Suppose equilibrium savings equals $750 billion, and equilibrium GDP equals $3,500 billion. Investment spending rises to $900 bi
aleksandr82 [10.1K]

Answer:

Multiplier = 3.33

Explanation:

Investment / Spending Multiplier denotes increase in Income multiple times increase in causal Investment.

Multiplier = Change in Income / Change in Investment = 1 / 1 - MPC

<em>M</em> = ΔY/ΔI = 1/ (1-MPC)

At Equilibrium, Investment = Savings = 750. Change in Investment = 900 - 750 = 150. Change in Income = 500.

M = 500/150 = 3.33

3.33 = 1/(1-MPC)

MPC = 0.70

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3 years ago
What is the dirty price of a bond? the bond's price less an adjustment for changes in interest rates the bond's price based only
Sophie [7]

Answer:

The dirty price of a bond is referred to:

  • The actual price of the bond.
  • Also the cash flows in futureand its values.

Explanation:

Dirty price of bond: The dirty price of bond is referred to the actual and present value of the bond.

Also is referred to the present value of the bonds or the future cash flows.

In financial terms a dirty price of bond is said to be the bond's price which is including all the interests which has been added up since the most recent payment of the coupon.

Price quote of a bond: The price quote of a bond is referred to bond's clean price as it does not affects or reflects on all the interests which have been calculated for the bond since of its most recent coupon payment.

Bonds gets always quotes in terms of clean price but the financial investos always pay them in terms of Dirty price until the bond has to be purchased on the given date of coupon's payment.

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How can economies of scale benefit you as a customer and society as a whole? Can the taxicab industry, in large cities, be subje
LiRa [457]

Answer:

The answer to this question can be described as follows:

Explanation:

The economy scale with cost activity and total volumes of sales, which lowers the overall product prices as a result, and grows all economies of scale, because consumers purchase the stuff like those, who pay even less than the amount they expect to receive.  

It is the transition, the same saved money it's spent on other commodities and the overall deficit as well as the actual boosting of financial social assistance that generates income as a whole. It also increases outlays and creates more jobs, and benefits people with higher median income levels and a decent standard of living, For example  

Uber often encourages ride-sharing, in which the car is capable of serving 3-4 people simultaneously. This gives a win-win situation to all sides and generates economies of scale. Throughout the market like India, Uber already is introducing it and being extremely successful.

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