Answer:
The overhead for the year was $130,075
Explanation:
GIVEN INFORMATION -
ESTIMATED ACTUAL
Manufacturing overhead $132,440 $128,600
Machine hours 2800 2750
Here for calculating the overhead for the year we will use the following formula =
\frac{Estimated Manufacturing Overhead}{Estiamted Machine Hours}\times Actual Machine Hours
= \frac{\$132,440}{2800}\times 2750
\$47.3\times 2750 = \$130,075
Therefore the overhead for the year was $130,075
Answer: A. What was your average compounded return per year over a particular period?
Explanation:
Geometric return is calculated by the formula;
= [(1 + r1) * (1 + r2) * (1 + r3) *.... (1 + rn)] ^1/n
This allows for one to calculate the compounding effect over a period of time by showing the compounded annual growth rate which means that it tells what the average compounded return was per year in a particular period.
<span>The lawsuit for this type of breach of contract will be governed by the common law of contracts. Contract laws relate to most agreements between people or groups, including oral agreements.</span>
The answer to this question is the "output contract". This is a mutual agreement between the producer of the product and the buyer. The producer agrees that he will sell all his product to the buyer and the buyer agrees that he will buy all the product delivered to him by the producer. Thus, to complete the sentence we have it "<span>Bay crab processor has a contract with Jim who is a local crabber and inform Jim that he will buy all the crabs. Then, Jim catches during the season for 35 per bushel. this is an example of an OUTPUT contract.</span>"
Answer:
C. a building would be a fixed factor of production in the short run
Explanation:
A fixed factor of production are factors of production that cannot be readily varied with production level or output e.g. building, equipment.
A variable favor of production are factors of production that can be easily varied with production. E.g. labour
In the long run, all factors of production can be varied.
Insurance is an expense.
Food is the output produced by the restaurant.
I hope my answer helps you
