The cost object of the plant-wide overhead rate method is "The unit of product"
Explanation:
Unit cost is the total production cost divided by the number of units manufactured. A company usually produces similar products in lots with hundreds or thousands of units per batch.
An overall overhead rate for the entire plant is a single level used only to allocate or assign all overhead production costs for a company to its output of production. Products for easier operation, such as assembly, can be allocated overhead at a level of $20 per hour of direct work.
Historical returns have generally been higher for stocks of small firms as (than) for stocks of large firms.
<h3>What is
stocks?</h3>
Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents fractional ownership of the firm based on the total number of shares.
A stock is a type of instrument that implies the holder owns a share of the issuing firm and is typically traded on stock markets. Corporations issue stock in order to raise funds to run their enterprises. Stock is classified into two types: common and preferred.
Stocks are ownership stakes in a publicly traded corporation. When you purchase stock in a corporation, you become a part-owner of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company.
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Answer: 1.222
Explanation:
The Average duration can be derived from the formula:
Assets * Average Duration = Liabilities * Duration of Liabilities
Average Duration = (Liabilities * Duration of Liabilities) / Assets
= (47,000,000 * 1.3) / 50,000,000
= 61,100,000 / 50,000,000
= 1.222
Answer:
Inbound logistics
Explanation:
Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.
In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.
