Answer:
$60,000
Explanation:
The computation of the estimated manufacturing overhead is shown below:
Estimated manufacturing overhead = Direct labor hours × predetermined overhead rate
where,
Direct labor hours = Total Direct labor cost ÷ Cost per hour
= ($100,000 × 75%) ÷ ($5)
= 15,000 direct labor hours
Now the estimated manufacturing overhead equal to
= 15,000 direct labor hours × $4
= $60,000
Answer:
Option "3" is the correct answer.
Explanation:
Inelastic demand curve depict when there's no evident increase in demand due to an increase in price.
Answer:all of the above are Correct (D)
Explanation:
Real GDP is a macro economic statistics that measure the value of the goods and services produced by an economy in a specific period , adjusted for inflation. Government use both minimal and real GDP as metrics for analyzing economic growth and purchasing power over time.
Answer:
$6,734
Explanation:
On December 31, there were 46 units remaining in ending inventory.
These 46 units consisted of
6 from January x $123 = 738
8 from February x $133 = 1064
10 from May x $143 = 1430
8 from September x $153 = 1224
14 from November x $163 = 2282
Using the specific identification method, the cost of the ending inventory is: 734 + 1064 + 1430 + 1224 + 2282 = $6734
