Answer:
See explanation section.
Explanation:
Requirement 1
General Electric (GE) is always helping people with a variety of modern technology. Therefore, its main aim is to focus on technology that assists the world with a faster data collection medium. The company is converting its business towards technology. With the help of Jet engines and oil-refining material, it can generate electric power. The cloud-based software changed the whole company. Now, the company is monitoring only about technology to become a successful software servicing company.
Requirement 2
As the future of the world is getting modernized, General Electric company is focusing on software and the Internet of Things. GE is trying to take its customers base from traditional on-site manufacturing to digital software-based operations. The launch of sensor-generating data has revolutionized the success. Using cloud-based data make the company more productive and reliable. The overall thinking towards the future is superlative.
Requirement 3
General Electric company launched Predix in 2015 to accumulate data. The three decisions to use Predix are -
1. As Predix can operate on each cloud infrastructure, it can provide sensor and analyze the data quite quickly.
2. Since Predix is a high standard cloud-based protocol, it enables customers to join quickly to the mechanical market.
3. With the help of Predix, each customer can adjust the size and range of the current levels of use to understand their requirements.
Requirement 4
People like to use from all over the world, General Electric (GE) equipment. They also like to mix that equipment with other companies' equipment to produce a high-qualified machine. As people are using more GE equipment with others, it is discussing the customers to handle the GE related equipment for a permanent basis. Therefore, it is becoming a software company.
B. Inflation
Inflation is when a country prints too much money, therefore decreasing the value of the currency.
Answer:
Undeapplied overhead= $200
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 480,000 / 200,000
Predetermined manufacturing overhead rate= $2.4 per DLH
<u>Now, we can allocate overhead:</u>
<u></u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 2.4*17,000
Allocated MOH= $40,800
<u>Finally, the over/under allocation:</u>
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 41,000 - 40,800
Undeapplied overhead= $200
Once a corporation starts growing and showing potential, entrepreneurs search for equity financing.
<h2>What is financing?</h2>
The study and discipline of cash , currency, and capital assets is understood as finance. it's related to but not the same as economics, which is that the study of the production, distribution, and consumption of cash , assets, goods, and services.
Financial Difficulty refers to current or impending financial conditions that impair or may impair a provider's ability to satisfy current or future obligations.
Financial controls are the procedures, policies, and methods that a corporation uses to monitor and control the direction, allocation, and utilization of its financial resources. Financial controls are at the guts of any organization's resource management and operational efficiency.
To know more about financing :
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