Answer:
Activity Rates
Consultation $150
Drawings $58
Modeling $0.7
supervision $190
Billings $1037.5
Collections $1642.5
Total overhead allocated: $ 126,826
Explanation:
First, we divide the cost of each activity over the base total to get the rate.
![\left[\begin{array}{ccccc}$Activity&Driver&cost&Total&Rate\\$Consultation&$contact hours&315000&2100&150\\$Drawings&$desing hours&104400&1800&58\\$Modeling&$square feet&32200&46000&0.7\\$supervision&$days&228000&1200&190\\$Billings&$jobs&8300&8&1037.5\\$Collections&$jobs&13140&8&1642.5\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Activity%26Driver%26cost%26Total%26Rate%5C%5C%24Consultation%26%24contact%20hours%26315000%262100%26150%5C%5C%24Drawings%26%24desing%20hours%26104400%261800%2658%5C%5C%24Modeling%26%24square%20feet%2632200%2646000%260.7%5C%5C%24supervision%26%24days%26228000%261200%26190%5C%5C%24Billings%26%24jobs%268300%268%261037.5%5C%5C%24Collections%26%24jobs%2613140%268%261642.5%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Now we apply this rate against the job activity measurement:
![\left[\begin{array}{ccccc}$Activity&Job&$Rate&$Allocated\\$Consultation&410&150&61500\\$Drawings&352&58&20416&\\$Modeling&7400&0.7&5180&\\$supervision&195&190&37050&\\$Billings&1&1037.5&1037.5&\\$Collections&1&1642.5&1642.5&\\$Total&&&126826&\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Activity%26Job%26%24Rate%26%24Allocated%5C%5C%24Consultation%26410%26150%2661500%5C%5C%24Drawings%26352%2658%2620416%26%5C%5C%24Modeling%267400%260.7%265180%26%5C%5C%24supervision%26195%26190%2637050%26%5C%5C%24Billings%261%261037.5%261037.5%26%5C%5C%24Collections%261%261642.5%261642.5%26%5C%5C%24Total%26%26%26126826%26%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Answer:
D
Explanation:
I think on its long run average cost,a firm will be producing at it lowest cost price(CP)
Answer:
That statement is true.
Explanation:
In business , demands represent's the customers' need and desire to purchase a certain product at a certain price level.
In the free market economy, Customers' demand will determine the actions that will be taken by the producer. If the producer able to provide that product at an acceptable price level, the customers will buy it. If not, than the customers will find an alternative for that product.
Answer:
No.
Explanation:
If this is an actual question for an extremely religious school put yes. but this doesn't actually happen.
