Answer:
a) direct labor cost for job order costing and machine hours for process costing.
Explanation:
As we know that the predetermined overhead rate is the rate which is to be computed by considering the total estimated manufacturing overhead cost and the estimated activity level i.e machine hours, etc
Under the traditional costing, in case of job order costing it ts based on direct labor cost while in the process costing it is based on machine hours
Hence, first option is correct
Answer: No,the company is not guilty.
Explanation: In the given case, Hines could not be considered guilty of price discrimination as the price charged from different shops was same. The free samples were distributed for the purpose of campaign and the discretion to which shop they want to provide lies completely with the company.
Price discrimination refers to the practice of charging different prices from different customer which the company have definitely not done.
Hence, Hines could not be charged of guilty of price discrimination.
Answer:
The correct answer is: black market for apartments whereby higher rents are obtained through various other charges.
Explanation:
A price ceiling refers to an upper limit fixed for the price of a product or service. A rent ceiling means that rent cannot be charged higher than this limit.
This rent ceiling would create higher demand and a smaller supply of apartments. This is because of law of demand and law of supply.
Because of shortage of apartments in the market, a black market will be created where the apartment owners will be able to charge higher rents through other charges.
When marginal revenue is equal to the marginal cost, then the firm should increase the level of production to maximize its profit.
Marginal revenue simply means the increase in revenue that a company makes as a result of selling an additional output of good. Marginal cost is the cost that a company incurs for production of one extra unit of good.
It should be noted that when the marginal cost if a firm is more than the marginal revenue, it means that the firm is producing too much.
When the marginal revenue of the firm equals the marginal cost, then the firm should maximize its profit.
The correct option is A.
Read related link on:
brainly.com/question/10822075
Answer: Internet.
Explanation:
The internet is the fastest way a business can advertise it's products to a global audience. The internet is a wireless interconnection of computers across the Earth, where communication is made easier and information is shared.
