The $16 is not enforceable because of a preexisting duty.
The answer is<u> "efficiency is increased".</u>
An assembly line is a manufacturing process in which compatible parts are added to an item in a successive way to make a final result. Much of the time, an assembling mechanical production system is a semi-mechanized framework through which an item moves. At each station along the line some piece of the generation procedure happens. The laborers and hardware used to create the thing are stationary along the line and the item travels through the cycle, from beginning to end.
Answer:
$21,177 overapplied
Explanation:
Applied Overheads = Predetermined overhead rate x Actual activity
where,
Predetermined overhead rate = Budgeted Overheads ÷ Budgeted Activity
= $485,060 ÷ 48,506 hours
= $10 / direct labor hour
therefore,
Applied Overheads = $10 x 52,943 = $529,430
Since, Applied Overheads ($529,430) > Actual Overheads ($508,253), overheads have been over-applied by $21,177
Conclusion :
The amount of overapplied manufacturing overhead at the end of the year is $21,177
Answer:
Explanation:
Ending wotk in process inventory = Direct materials + Conversation cost = 93,600 + 135,000 = 228,600
[Direct materials = 2.60*36,000; Conversation cost = 3.75*36,000]
Finished goods inventory = Units transferred to finished goods*Total equivalent cost per unit = 250,000*3.75 = 1,587,500
Answer:
2. Businesses buy resources from households, and households use their income from the sale of resources to buy goods and services from businesses.
Explanation:
The circular flow of income shows the flow of money and resocurces within an economy.
The household owns means of production and businesses buy them from households. Households earn income. The income earned is then used to purchase goods and services from the business.
I hope my answer helps you
