Answer:
Allocated to Totes =$ 13,620.94
Explanation:
<em>Allocated overhead to totes = OAR × actual direct labour cost </em>
Overhead Absorption Rate(OAR) = Estimated Overhead/Estimated Direct labour cost
Estimated Direct labour cost = (54×530) + (64× 390
)=$53580
OAR = $25,500/$53,580 = 47.59%
Allocated to Totes = 47.59% × (54×530) = 13,620.94
Allocated to Totes =$ 13,620.94
The Chernobyl accident is a disaster involving nuclear
explosion. They most likely die from the radiation illness as the radiation was
intense that it causes poisoning and even complications such as thyroid
cancers. They likely die within an instant because of the radiation illness
that they have acquired.
Answer:
c. the trade balance and the exchange rate.
Explanation:
An Open Economy is an economy that allows the free inflow and outflow of goods, services, capital and people. The opposite of a closed economy.
What sets these two models apart is that in an open economy, both imports and exports are allowed, so that countries necessarily have to trade in more than one currency, so the exchange rate must be examined. In addition, business transactions are recorded in a balance of payments. So these are the two concepts that are not tried in a closed economy analysis, but are introduced in an open economy.
Answer:
profit + consumer surplus.
Explanation:
The profit obtained by the reseller is given by the difference between the amount received on sale ($75) and the purchase price ($40). The consumer surplus is determined as the difference between the willingness to pay ($90) and the actual amount paid ($75). Therefore, the difference between $90 and $40 is the profit plus the consumer surplus.
Answer: An unfavorable variance can be used to detect a drop in estimated income early, and then solutions to the challenge can be identified.
Explanation:
An unfavorable variance is the difference between a company's projected expectation and the actual outcome of a financial activity of the company, where the actual outcome is less favorable than the projected expectation.
The information from an unfavorable variance can help alert a company to a negative outcome early, and the company's leadership can then find ways of solving the cause of the negative outcome.
