Answer:
Allocated MOH= $2,450,000
Explanation:
Giving the following information:
The predetermined overhead rate is $10.00/DLH
Actual direct labor hours= 245,000 direct labor hours
We were provided with the predetermined overhead rate, we need to allocate overhead to the period based on actual direct labor hours:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 10*245,000
Allocated MOH= $2,450,000
Answer:
Units to be produced 6,075
Explanation:
July production budget
sales for the period 5,900
desired ending inventory
25% of next month
25% of August
25% of 6,600 = <u> 1,650 </u>
Total requirement needs 7,550
Beginning Inventory (1,475)
Units to be produced 6,075
The forecast sales and the desired ending inventory are the needs for production, the beginning inventory is an amount we already have. So it decreases our production demand.
Answer: Capitalism
Explanation: Capitalism can be defined as that free market economic system in which most of the industries in the economy are controlled by the private owners rather than the state.
This type of market structure is usually followed by most of the western countries of the world in which most of the necessities like electricity and water supply, transportation like railways are controlled by private entities.
Answer: https://www.investopedia.com/articles/pf/08/make-money-in-business.asp
If you look up "how to make business successful" it will bring up this website which shows "9 ways to make and keep a business successful." I hope this helps.
