both of the above are undermine the private sector.
Answer:
1.30
Explanation:
The cost of production is usually split into direct and indirect cost or overheads. the overheads is usually stated as a function of the direct cost( labour, machine hours, materials etc.)
The predetermined overhead rate
= $1,170,000/$900,000
= 1.3
This means that the company will incur an overhead cost of $1.30 for every $1 spent on direct materials.
Answer:
10.12%
Explanation:
Wacc = (D / V)rd (1 - t) + (E / V) re
(D/V) = 0.3
Rd = before tax cost of debt = 5.5%
T = tax rate = 30%
(E / V) = 0.7
Re = marginal cost of equity = 12.8%
= (0.3 x 5.5% × 0.7) + (0.7 x 12.8%) = 1.155% + 8.96% = 10.12%
I hope my answer helps you
A) Producing the combination of goods most desired by society