Answer: False
It seems very unlikely that a blind person would go door to door to ask for help.
Answer:
10
Explanation:
I believe it's 10 let me know if its correct.
Answer: $11920 Overapplied
Explanation:
We have to calculate the Predetermined overhead rate which would be:
= Estimated total manufacturing overhead / Estimated amount of the allocation base
= $355,680 ÷ 14,400 direct labor-hours
= $24.70 per direct labor-hour
Since the actual hours is 10,800 hours, therefore, the applied overhead would be:
= 10,800 × 24.70
= $266,760
Since the actual overhead = $254,840, then the overapplied Overhead would be:
= $266,760 - $254,840
= $11920 Overapplied
<u>Calculation of firm's times interest earned ratio:</u>
The times interest earned ratio can be calculated with the help of following formula:
Times interest earned ratio = Income before Interest and Tax / Interest Expense
Interest expense is given $898, and Income before Interest and Tax can be calculated as follows:
Net Income $4,238
Add: Tax (4238*35/65) $2,282
Income before tax =$6520
Add: Interest Expense $898
Income before Interest and Tax = $7,418
Hence, Times interest earned ratio = 7418 /898 = <u>8.26 times</u>
Answer: The situation in which expansionary fiscal policy does not lead to a rise in aggregate output is referred to as
Select one:
a. Fiscal neutrality.
b. Inflation.
c. Complete crowding out
d. A recession.
Explanation:
