Answer:
The correct answer is A.
Explanation:
Giving the following information:
Estimated overhead= $396,000
Department:
Consumer= 700
Commercia= 300
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 396,000/1,000= $396 per loan processed.
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 396*300= $118,800
Answer:
break even EBIT is $717,240.13
Explanation:
given data
stock outstanding = 230000 shares
stock outstanding = 224478 shares
debt outstanding = $210000
interest rate = 8.2 percent
to find out
What is the break even EBIT
solution
we get break even EBIT is here express as
EBIT × 224478 = 230000 × ( EBIT - 17220 )
solve it we get
EBIT = $717,240.13
so break even EBIT is $717,240.13
It is true that a landlord will check your credit report before renting to you.
The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.
<h3>What is a federal budget?</h3>
A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.
This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.
Read more on budget here: brainly.com/question/13964173
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If the insurer takes the policy as applied for the coverage will take effect when the conditions of the receipt are met and from the date of the application or medical exam. The two types of conditional receipts are insurability and approval. The insurability receipt provides interim coverage as the applicant is insurable while the approval receipt will not begin until the insurer will approve the claim. However, conditional receipts will provide the coverage if the applicant is insurable as applied for and coverage will not be delivered until the applicant accepts the coverage if the insurer concerns a counter-offer because the applicant is substandard risk.
