Answer:
weighted moving average
Explanation:
Of all these 4 options, the weighted moving average is the most accurate, as it is possible to place specific weights according to their significance.
The other techniques, such as an average, straight line, or exponential curve, assume things. The weighted average can change to any form.
However, the weighted average can be complicated to use if a long time frame is taken.
Additionally, the consumer will most likely want to adjust the weights as time periods pass. That will contribute to the complexity of applying the methods to a wide range of applications, such as predicting inventory item demand.
Hence, the first option is correct
Answer: In-kind income.
Explanation:
Steven's parents has offered him with in-kind income by offering him with furnitures he needs to furnish his new apartment.
In-kind income are income given to an individual that are of value but not money itself. Examples of such income are: clothing, furniture, cars etc.
Answer: True
Explanation:
The loss could have been avoided with a few internal controls. First, the separation of duties control was overcome by the trader’s knowledge of the monitoring software. This knowledge of the monitoring system allowed the trader to effectively hide trades without the laid down system knowing about it until it was effectively too late. This should be improved on, so as such trades can be discovered early.
Also, traders should be under managerial oversight. In this way, traders would be forced to stop trading after reaching a certain point. The Société General system allowed for indiscriminate numbers of trade and as such trades were able to exploit this weakness to the fullest.
Answer:
Predetermined manufacturing overhead rate= $14.65 per direct labor hour
Explanation:
Giving the following information:
Estimated direct labor hours= 40,000
Estimated fixed overhead= $466,000
Estimated variable overhead rate= $3.00 per direct labor-hour.
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (466,000/40,000) + 3
Predetermined manufacturing overhead rate= $14.65 per direct labor hour