Answer:
The manufacturing overhead was allocated in total during the year is $20,500
Explanation:
The computation of the allocated manufacturing overhead is shown below:
= (Actual manufacturing overhead costs + over allocated manufacturing overhead) ÷ (predetermined manufacturing overhead rate)
= ($29,500 + $1,250) ÷ ($1.50)
= $30,750 ÷ $1.50
= $20,500
The direct labor cost should not be considered in the computation part. Hence, ignored it
Two examples of human capital that can be developed are:
Education : by enrolling in school, education is developed. During the process of education, skills needed for the production of goods and services in developed.
Job experience : by undertaking internships and summer jobs, labour is developing their human capital.
<h3>
What is human capital?</h3>
Human capital are qualities that labour posses that are useful in the production of goods and services. Human capital is an an intangible asset. It is the economic value attached to labours' skills and expertise.
Examples human capital are:
- Education.
- experience
- Mental and emotional well-being.
- People management.
- Communication skills.
To learn more abut human capital, please check: brainly.com/question/7193861
Answer:
FV= $116,912.40
Explanation:
Giving the following information:
Initial investment= $82,000
Number of periods= 6*2= 12 semesters
Interest rate= 0.06/2 = 0.03
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 82,000*(1.03^12)
FV= $116,912.40
Their income increases, being that the relationship between education and income is positive