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Virty [35]
3 years ago
9

XYZ Co. is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10

,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $113,000 and 10,900 total direct labor-hours during the period. The predetermined overhead rate is closest to: Group of answer choices
Business
1 answer:
stira [4]3 years ago
6 0

Answer:

the predetermined overhead rate is $12.10

Explanation:

The computation of the predetermined overhead rate is shown below:

The Predetermined overhead rate is

= (Estimated total fixed manufacturing overhead ÷ Estimated direct labor hours)

= ($121,000 ÷ 10,000)

= $12.10

hence, the predetermined overhead rate is $12.10

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The automobile industry in a developing country has very few available brands. Of one automobile company raises the prices of it
WINSTONCH [101]

Answer:

correct answer is Oligopoly

Explanation:

this is an example of Oligopoly

because of Oligopoly

it is a market structure with many small companies and no company keep others by the significant influence  

so as the company is characterized by some seller and if one company will increase the price and other company also follow suit

it is an example of Oligopoly

so correct answer is Oligopoly

3 0
3 years ago
Microtech Corporation is expanding rapidly and currently needs to retain all of its earnings, hence it does not pay dividends. H
12345 [234]

Answer:

Di = dividend in year i

D0 = D1 = D2 = 0

D3 = 2

D4 = D3 * (1+24%) = 2.48

D5 = D4 * (1+24%) = 3.0752

D6 = D5 * (1+7%) = 3.290464

require return r = 14%

g = 7% in the long run

So stock price in year 5 = D6/(r-g) = 3.290464/(14%-7%) = 47.0066

Current price = Present value of dividends and stock

= D1/(1+r) + D2/(1+r)^2 + D3/(1+r)^3 + D4/(1+r)^4 + D5/(1+r)^5 + Price in year 5/(1+r)^5

= 0 + 0 + 2/(1+14%)^3 + 2.48/(1+14%)^4 + 3.0752/(1+14%)^5 + 47.0066/(1+14%)^5

= 28.829219

= 28.83 (rounded to 2 decimals)

Explanation:

5 0
4 years ago
Read 2 more answers
Over-the-counter medicines are required by law to show the date through which the manufacturer guarantees full potency. Many dis
ankoles [38]

Answer Sell to a jobber

Explanation:

The sales to a jobber will take of the burden of the expiry product away from you at a cost of $50,000.

This is better when compared to the option of selling it upfront which we Incurred a cost of $100,000 .

The worst is delivering to the customers whithin the exipiry period and risking the price of the whole product and negative busines relationship.

8 0
3 years ago
Automakers began rewarding dealers with financial incentives long before dealership customers started getting them, too. Recipie
frozen [14]

Answer:

Spiff

Explanation:

Spiff: It is an financial incentive paid by manufacturer or employer to the salesperson for directly selling it´s product., sometime it is paid on achieving sales target by salesperson. It encourage seller to make more sales. Spiff stand for Sales performance Incentive Fund and it is paid quicker than commission.

In the given case, Automaker is paying spiff to dealers to encourage sales of it´s own brand over a competitor's product sold at the same store.

8 0
3 years ago
Which of the alternatives to the modern theory of the firm holds that managers attempt to meet some goal that is defined in term
Schach [20]

Answer:

C. Satisficing model

Explanation:

Satisficing model aims at reaching and receiving the results which makes the desired person satisfied with the results.

It basically provides the company and its management to not only find an optimal solution but a solution which is satisfying for the management.

Thus, in the given instance management sets a prescribed percentage as results they desire for sales, and related profit which further results in desired level of growth.

Thus, this is about satisfactory results that is Satisficing model.

6 0
3 years ago
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