Answer:
c. 48,000
Explanation:
The amount charges is based off of the total sales figure and the current year sales percentage.
We can calculate the current year's charge as follows,
Charge = (120,000 / 800,000) * 320,000
= $48,000
Whwre, 800,000 is the total sales figure (120,000 + 680,000).
Hopw that helps.
Answer:
The correct answer is A. In promoting free trade, the author seems to be supporting fair and responsive standards to reduce trade barriers.
Explanation:
Free trade is trade that is not regulated by tariffs, import quotas or other similar trade policy measures. The opposite of free trade is protectionism.
The vast majority of economists in the scientific community are in favor of free trade, stating that it has a positive impact on economic growth and the level of development, while protectionism has a negative impact on growth and the level of wealth.
Free trade exists among other EU member states. It is also possible to consider trade within a country as free trade. The countries with the lowest tariffs as a share of total foreign trade are industrial countries such as the EU countries, Canada and Australia. However, these apply very high tariffs on agricultural products and textiles. Developing countries in Latin America, Africa and Asia have higher tariffs.
Answer:
C. $ 13.31 per machine hour.
Explanation:
Standard variable manufacturing overhead allocation rate is calculated by dividing the Budgeted overhead by the Budgeted level of activity on which the overhead is allocated. It is a rate at which the overhead is allocated to a product / project/ department.
First we need to calculate the standard variable manufacturing overhead allocation rate using machine hours.
Standard variable manufacturing overhead allocation rate = Budgeted overheads / budgeted Machine hours
Standard variable manufacturing overhead allocation rate = $5,325 / 400 machine hours
Standard variable manufacturing overhead allocation rate = $13.3125 per machine hour
Standard variable manufacturing overhead allocation rate = $13.31 per machine hour
This question is incomplete.
The complete question, answer & explanation for this question is given in the attachment below.
Answer: (F) Collateral
Explanation:
According to the given question, Collateral is referred to proper designation under UCC in which the Dennis refused to return television to the ABC electronics company.
The term Collateral is referring as assets such as television that is typically used to secure the loan as it provides a low internet rate and due to collateral they also makes the duration of the loan length.
Television is represented as collateral so ABC company cannot perfect its interest so due to this reason Dennis refuses to return television to the company. Collateral is known as the secured loan and it is used by the following ways:
- Purchasing personal assets
- Vehicles
- Investment purpose
- Paychecks
Therefore, Option (F) is correct answer.