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Anon25 [30]
3 years ago
5

Previous

Business
1 answer:
densk [106]3 years ago
6 0
OB is false. Hope that answers your question
You might be interested in
Blackwelder factory produces two similar products-small lamps and desk lamps. the total plant overhead budget is $640,000 with 4
olasank [31]

Answer: b. $188,800 Blackwelder Company will allocates $188,800 to desk lamp production if the actual direct hours is 118,000.

We have the following:

Total Plant Overhead = $640,000

Total Estimated Direct labour hours = 400,000 hours

Actual labour hours for desk lamp = 118, 000 hours

Overhead allocation rate = \frac{Total overhead}{Total estimated direct labor hours}

Overhead allocation rate = \frac{640,000}{400,000}

Overhead Allocation Rate =  $1.6

Factory overhead allocated = Overhead allocation Rate * Actual labour hours [/tex] [tex] Factory overhead allocated = $188,800 (1.6 * 118,000)

3 0
3 years ago
Microsoft and Apple are widely known as technological rivals. When one company comes out with a new laptop, the other is quick t
rewona [7]

Answer: B dominant designs

Explanation:

The dominant design in a product class is, by definition, the one that wins the allegiance of the market place, the one that competitors and innovators must adhere to if they hope to command significant market. A dominant design is often the norm within the market which creates difficulties in other similar products to compete for market share. This often creates a monopoly over alternatives, whereby the only means of competing is to imitate or expand upon the concept.

6 0
3 years ago
How did the influential economist John Maynard Keynes explain his remark that though economics is an easy subject compared with
forsale [732]

Answer:

B) Good economists must possess a rare combination of gifts.

Explanation:

Economics is a social science that focuses on studying scarcity. Since all resources are scarce, economics tries to determine how to allocate resources more efficiently in order to produce the most possible benefits. We are all economists whether we like it or not. When we spend our money (scarce resource) we try to get the largest benefit out of it, the same applies to our time. We decide to study for a test and get a good grade, or simply take a very long nap.

The problem with economics and all social science, is that they are not exact. There is no possible way a scientific research can be done that includes all the economy, there are simply too many billions of transactions and different combinations that it is impossible to do it. Some microeconomics studies can be carried out but only considering a single company or industry and few factors.

Economists must base their research upon past events and develop models that can predict future events. Sadly but true, even meteorologists have a higher percentage of correct predictions than economists.

The few good economists must be very good at math, history, politics, philosophy, psychology, developing abstract ideas and make them concrete ideas, and last but not least must be able to explain all of this to others and convince them.

The problem with applying economic models to the real world are the changing expectations of the general public (psychology and philosophy). One of my teachers had a great saying, "the mouth is the most sensitive organ in your body, but your pocket is by far the most sensitive part".

4 0
3 years ago
Use the following data to determine the total dollar amount of assets to be
gavmur [86]

Answer:

=$350,000

Explanation:

Property, plant, and equipment are the tangible long-term fixed assets of a company. The total of PPE is the sum of all fixed long term assets minus accumulated depreciation.

There are fixed assets hence will appear on the asset side of the balance sheet. For Koonce Office Supplies, PPE will include

Land : $180,000

Buildings: $210,000

Total = $180,000 + $210,000

Total = $390,000

less accumulated depreciation

=$390,000 -$40,000

=$350,000

4 0
3 years ago
Assume that during 2020, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,985,000, n
ANTONII [103]

Answer:

$19,525,000

Explanation:

Calculation to determine the free cash flow

Using this formula

Free cash flow=Net cash provided by operating activities-cash spent for plant assets-Dividends

Let plug in the formula

Free cash flow=$155,985,000-$132,295,000-$4,165,000

Free cash flow=$19,525,000

Therefore The Free cash flow is $19,525,000

6 0
2 years ago
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