Answer:
$ 2,500 as far as i know.
Explanation:
The viability and relevance of insurance products usually cater the preference of the insurance buyer.
For example, some buyer want to make sure that they have a safe retirement so they tend to lean towards good individual retirement policy.
Some buyer want to make sure that his/her family is taken care of if something happens to them, so they tend to seek the product with highest life coverance, etc.
Answer:
a. All of the answers are correct
Explanation:
Typical quality improvements include electronic defect detection which will bring about efficiency in the service delivery to the customers, alteration of organizational architecture to increase local responsiveness to customer needs, purchase of robotic manufacturing systems which will more efficiency to the work being done in the organization and product redesign to meet the needs of the customers
Answer:
3400
increase
Explanation:
the Herfindahl index is used to calculate the concentration of firms in an industry
The HHI is calculated by squaring the market share of each firm in the industry.
40² + 30² + 30² = 3400
If one of the firms leaves the industry, the industry becomes more concentrated and the HHI index would increase
Answer:
Total cost assigned to Job XY5:
Direct material cost 4,000
Direct labour cost (50 hrs x $15 x 50 units) 37,500
Overhead applied (50 hrs x $4 x 50 units) 10,000
Total cost of the job 51,500
Overhead absorption rate
= <u>Budgeted overhead</u>
Budgeted direct labour hours
=<u> $80,000</u>
20,000 hrs
= $4 per direct labour hour
Explanation:
The total cost of the job is the aggregate of direct material cost, direct labour cost and overhead. Overhead is absorbed based on direct labour hours. We need to calculate overhead absorption rate by dividing the budgeted overhead by budgeted direct labour hours. The overhead absorption rate is used to multiply the direct labour hours of the job in order to obtain the overhead applied to the job.
