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zhuklara [117]
3 years ago
9

CWN Company uses a job order costing system and last period incurred $82,000 of actual overhead and $100,000 of direct labor. CW

N estimates that its overhead next period will be $73,000. It also expects to incur $100,000 of direct labor. If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be:
Business
1 answer:
HACTEHA [7]3 years ago
4 0

Answer:

the predetermined overhead rate is 65%

Explanation:

The computation of the predetermined overhead rate is shown below;

The Predetermined overhead rate

= Expected overhead ÷ expected total direct labour cost

= $73,000 ÷ $100,000

= 0.73

= 65%

hence, the predetermined overhead rate is 65%

The same would be considered and relevant

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When customers buy computers at Maalik's store, he offers a service package at a discounted rate. Additionally, he has an ongoin
salantis [7]

Answer:

Impacting his clientele base with increased profitability and to extend the duration of customer relationships.

Explanation:

Maalik is focused on improving customer relationship management, impacting the profitability of existing customers and extending the duration of customer relationships by offering a service package at a discounted rate and a promotion that allows customers to trade in their old computers for new ones at much lower prices than his competitors can offer.

6 0
3 years ago
As a general rule, a profit-maximizing restaurant owner employs each factor of production up to the point at which the value of
Juliette [100K]

Answer:

A. last; equal to

Explanation:

Marginal product of labour is the change in total output as a result of a change in quantity of labour employed.

A profit maximising firm would produce up to a point where the marginal product of last factor enjoyed in equal to the factor's price.

The marginal cost of Labour should equal to the marginal product of labour

4 0
3 years ago
Bond prices are _______ sensitive to changes in yield when the bond is selling at a _______ initial yield to maturity.
Delvig [45]

Answer: more; lower

Explanation:

The yield to maturity is the annual rate of return for a bond which has been estimated as long as the bind is being held by the investor till it matures.

It should be noted that Bond prices are more sensitive to changes in yield when the bond is selling at a lower initial yield to maturity.

7 0
3 years ago
Can I have a short 150 words paragraph about following?
hichkok12 [17]

Answer:

Explanation:

GDP is used to measure the Economic welfare or standard of living in the people when it is measured per capital terms. The short coming with GDP is that it does not show the true economic welfare or standard living of people in the society as GDP is calculated as whole for whole population prevalipre in the country which includes all level of income people. In any country there will be rich , poor and middle class.

Using GDP for finding social welfare it tells whether the country standard of living is increasing or not but it will not tell specially abpab poor and middle class. Any country standard of living goes up only if the poverty in the country eradicate. Thus GDP have a short coming of not finding the true social welfare or standard of living which is in the society.

There is nothing we can do to find the exact condition of society but government can implement policies to provide a better living for people who are in poverty.

5 0
3 years ago
Ben has ​$2 comma 000 in his savings account and the bank pays an interest rate of 14 percent a year. The inflation rate is 9 pe
Alinara [238K]

Answer: After Tax Nominal Rate - 12.6%

After Tax Real Rate - 3.6%

Explanation:

<em>Real Rate of return is defined as the nominal interest rate less inflation. </em>

The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.

The formula is,

= Nominal Rate( 1 - tax rate) - Inflation rate

= 14% ( 1 - 10% ) - 9%

= 14 ( 90% ) - 9

= 3.6%

The <em>Nominal Rate is simply the Real Rate plus Inflation</em>. The After tax real rate has already being found so the After Tax Nominal Rate is,

= 3.6 + 9

= 12.6%

5 0
3 years ago
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