Answer:
$31
Explanation:
Given the following information,
Total factory overhead costs = $1,745,300
Direct labor hours = 56,300
To calculate the predetermined manufacturing overhead rate, we will make use of the formula below;
Predetermined manufacturing overhead rate = Total estimated overhead costs for the period / Total amount of allocation base
= $1,745,300 / 56,300
= $31
Therefore, the predetermined overhead rate to apply to factory overhead is $31
Answer: C) dynamic; defensive
Explanation:
There are two types of open market operations: dynamic open market operations are intended to change the level of reserves and the monetary base, and defensive open market operations are intended to offset movements in other factors that affect the monetary base.
These are the open market operations.
Open market operations are the primary means of implementing monetary policies where Government controls the supply of money in an economy. Here the Government controls the liquidity of banks, interest rates, inflation rates and exchange rates.
Answer:
COGS= $81,770
Explanation:
Giving the following information:
Beginning inventory= 477 units that cost $65 each.
Purchases:
715 units at $68 each
364 units at $70 each.
Units sold= 1,197
<u>To calculate the cost of goods sold under the LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>
COGS= 364*70 + 715*68 + 118*65
COGS= $81,770
Answer: different viewpoint
Explanation: In simple words, it refers to a situation in which different different parties have different ideas and beliefs towards a specific subject matter.
In the given case, the authorities implementing the school system and the teachers teaching in it have different views regarding the new system.
Hence we can conclude that the above case depicts different viewpoint situation.
Explanation:
i would have to define each of these costs and then assign the best college costs that represents it
a. sunk cost
A sunk cost is a cost that cannot be gotten back, this kind of caost has already being incurred. an example of this college cost would be tuition fee for the past semesters.
b. discretionary cost
this is a cost that the student can survive without. also known as avoidable cost. the cost here would be the amount of money the student spends on dues.
c. commited costs
comitted costs are confirmed costs that the student has to make for services or goods to be taken. this college cost would be book prices
d. opportunity cost as we know is the alternative forgone. that is what was forgone in order to take to schooling. this would be all earnings from working that the individual has foregone since he or she is now a college student
e. this could also be called the incremental cost. thius kind of cost is different between alternatives in in situations where one has to make choices or alternatives. this college cost would be expenditure on attending one school over another school.
f. allocated cost
a cost that is allocated based on the activities that were done while making the product. this would be fee that is charged to a full time college student per course