If fixed costs increase, the break-even point in units will increase.
Predetermined overhead rate=$360,000/60,000=$6 per direct labor hour...Applied overhead=$6´9,350=$56,100. The overhead applied to production in September was $56,100.
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Charlie is a manager who, every week, has to review and approve reports, monitor the performance of subordinates, set the vision and goals for the team, set the structure for the team, and communicate with executives. However, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work
<h3>Who is a manager?</h3>
A manager is a leader who have people who directly reports to him. He is charged with the duty of supervision am ensuring that a company goal and objective is achieved.
Therefore, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work.
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Answer:
$700
Explanation:
Total earnings in 4 years
= 10000 + 5000 + 6000 - 4000
= $17,000
Ending retained earnings after 4 years
= $14,200
Total amount paid out as dividend in 4 years
= 17000 - 14200
= $2,800
Average amount of dividends paid per year
= $2,800/4
= $700
Answer:$722,000
Explanation:
The over applied overhead of $8000 is deducted from cost of goods sold of $730,000.
Answer:
The evaluation criteria used in economic analysis is:
d. Financial units (dollars or other currency)
Explanation:
The evaluation criteria for economic analysis is usually based on financial units, which are national currencies. They represent the monetary values of the elements of any economic analysis. For instance, to ascertain the profitability or otherwise of a transaction, the sales value is compared to the costs. The excess of the sales value over the costs is regarded as the profit. The reverse is regarded as the loss. The evaluation criteria for these two economic analysis is based on the financial units of sales and costs expressed as national currencies.