Answer:
1. $53.75 per direct labor hour
2. $80.625 per machine hour
Explanation:
Total manufacturing overhead costs= $1112500+$500000 = $1612500
Total direct labor hours= 11000+19000=30000
Total machine hours= 5000+15000=20000
1. Company’s single plantwide overhead rate based on direct labor hours
= Estimated overhead costs/Estimated direct labor hours
=$1612500/30000
=$53.75 per direct labor hour
2. Company’s single plantwide overhead rate based on machine hours
= Estimated overhead costs/Estimated Machine hours
=$1612500/20000
=$80.625 per machine hour
Answer:
$49,950
Explanation:
X = amount in account
Make (x times the interest rate) equal to the $9.99 you will need to earn to cover the fee.
.02%* x = 9.99
.0002x= 9.99 (Divide both sides by .0002)
x = $49,950
With such a small interest rate, you will need to have a large sum of money in order to earn enough to cover the fee.
The postdated checks are considered to be an accounts receivable for accounting purpose.
<h3>What is a
postdated checks?</h3>
These are checks that is expected to make a payment to be processed on a specified date in the future.
However, in accounting, the postdated checks are considered to be an accounts receivable by a firm for accounting purpose.
Read more about postdated checks
<em>brainly.com/question/3257002</em>
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Answer:
Scarcity refers to the basic economic problem, the gap between limited that is, scarce resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.
HOPE THIS HELPED!!!!!!!!!!XDDDDD
