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MAXImum [283]
3 years ago
12

Which of the following statements are true concerning the predetermined overhead rate when the direct labor-hour requirement for

the Deluxe model dropped from 5 hours to 2 hours?
a. The predetermined overhead rate decreases because the total estimated overhead cost increased.
b. The predetermined overhead rate decreased because the total direct labor-hours dropped.
c. The predetermined overhead rate increased because the total estimated overhead cost increased.
d. The predetermined overhead rate increased because the total direct labor-hours dropped.
Business
1 answer:
In-s [12.5K]3 years ago
6 0

Answer: The predetermined overhead rate increased because the total direct labor-hours dropped

Explanation:

The predetermined overhead rate refers to an allocation rate which is used in applying the estimated manufacturing overhead cost to the cost objects for a particular reporting period.

When there's reduction in the direct labor-hour requirement from 5 hours to 2 hours, the predetermined overhead rate increased because the total direct labor-hours dropped

The predetermined overhead rate is calculated as the total overhead cost divided by the machine hour. Therefore, if there's reduction in the direct labor hour rate, then there will be a rise in the predetermined overhead rate.

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A single bond with a face value of $1,000 has a stated annual interest rate of 7.6%. The last bond traded on this day was 98.45%
Drupady [299]

The cost of the bond at costing is $984.50.

<h3>What is a bond?</h3>
  • A bond is a type of financial security in which the issuer (the debtor) owes the holder (the creditor) a debt and is obligated to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified period of time, depending on the terms.
  • Interest is usually paid at regular intervals (semiannual, annual, and less often at other periods).
  • As a result, a bond is a type of loan or IOU.
  • Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, current expenditures.

To determine the cost of the bond at costing:

  • $1,000 is the face value.
  • Multiply this by the closing rate to find the cost of the bond at closing.
  • $1,000 × .9845 = $984.50

Therefore, the cost of the bond at costing is $984.50.

Know more about bonds here:

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7 0
2 years ago
___________ is a technique to analyze and sequence tasks involved in completing a project, to estimate the time needed to comple
svp [43]

Answer:

PERT ( Program Evaluation Review Technique)

Explanation:

PERT stands for Program Evaluation Review Technique. PERT charts are tools used to plan tasks within a project - making it easier to schedule and coordinate team members accomplishing the work.  

PERT is a project management planning tool used to calculate the amount of time it will take to realistically finish a project.

Hence PERT is a technique to analyze and sequence tasks involved in completing a project, to estimate the time needed to complete each task, and to determine the minimum amount of time needed to complete each project

6 0
3 years ago
Read 2 more answers
Which part of a food label is the primary tool for determining the healthfulness of the product?
Klio2033 [76]

Answer: (B) Nutrition fact panel

Explanation:

The nutrition fact panel is one of the primary tool which is used for determining the nutrition and also the healthfulness of the given material and the products.

The nutrition fact panel is the part of the food label and it providing the information about the content of nutrient in the food and the various types of beverages.

It basically provide the information about the sodium, fat content and the sugar.

Therefore, Option (B) is correct.

6 0
3 years ago
A(n) _____ is the business term for the population of customers for a business owner's products or services.
anyanavicka [17]
The answer is market 
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3 years ago
A personal allowance: a.is indexed for inflation every calendar quarter. b.amounted to $2,000 in 2019. c.may be claimed at the s
SIZIF [17.4K]

Answer:

D. May be claimed to reduce the amount of withholdings from the employee's earnings.

Explanation:

A personal allowance can also be known as a "tax-free" allowance. It refers the amount an individual is entitled to earn in a given tax year, before he/ she starts paying income tax.

Based on common practice, when your Federal income tax withholding is calculated, you can claim some allowances such as the personal allowance which will reduce the amount of your income that is withheld by your employer.

5 0
3 years ago
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