Answer:
$7,200
Explanation:
The computation of the total manufacturing overhead assigned is shown below:
= ($168,640 + $127,840 + $554,400 + $1,078,000) ÷ $514,368
= 375% per direct-labor dollar.
Now
= $514,368 ÷ 8,037
= $64 per DL hour.
And,
= $64 × 30 direct labor hours
= $1920.
So,
Manufacturing overhead is
= 1920 × 375%
= $7,200
A sociologist might say that this is an example of how economic action is <u>embedded in</u> social relationships.
<u>Explanation:</u>
Answer: (A) Geo-demographic
Explanation:
The Geo-demographic is basically refers to the market segmentation that is used for classifying the different types of localities or the resident based on the demographic principle and the characteristics.
It is the process of studying regarding the population and also the geographical areas by using the various types of clustering techniques.
According to the given question, the Tapestry is one of the segmentation system that divide the geographical areas into the different types of categories and geographical segmentation is one of the markets research tool that is used in the above given example.
Therefore, Option (A) is correct answer.
Answer: a rate commensurate with the risk level of the project.
Explanation:
When computing the net present value of the new project, we should note that the cash flows should be discounted using a rate that is commensurate with the risk level of the project.
Since it is a new project and it possesses risks that are unrelated to those of the current firm's product, the risk that pertains to the project level should be used in the discounting to get the net present value.
The statement, 'lower interest rates are part of tight money policy' is false.
<u>Explanation:</u>
Tight monetary policy which is also known as contractionary monetary policy is undertaken by Federal Reserve to reduce the economic growth that is overheated and to curb fast increasing inflation rate. Here the policy increases the interest rates thereby reducing the borrowing in the economy.
So, the true statement would be 'lowering the interest rates stimulates the borrowing in the economy and it is a part of the expansionary or loose monetary policy'.
