Answer:
See below
Explanation:
Per the given details, predetermined overhead is be calculated as seen below
Predetermined overhead = (Estimated factory overhead / Estimated direct labor hour) × 100
Estimated factory overhead = $1,560,000
Estimated direct labor hour = 260,000
Predetermined overhead = )$1,560,000 / 260,000) × 100
Predetermined overhead rate = 600%
Answer: Market Efficiency
Explanation:
It is important that the Government as a regulator should not get involved in acts that would protect individual institutions from failure because that would defeat the whole purpose of a competitive industry.
If a government is known to directly involve itself in the protection of institutions from failure, efficiency in institutions may become low because of the lack of fear of failure as companies believe that should they run into bad times, they will simply be bailed out by the government so there is no need for them to maintain a competitive edge.
This can lead to a situation where we have companies performing sub optimally in an economy which can only act to reduce the Economic growth of a country.
Government institutions usually have such backing and in a lot of countries are prone to failure. Look at the Bamangwato Concessions Limited (BCL) mine in Botswana for instance that kept failing and refusing to improve it's efficiency because they could always run back to the government for a bailout. Their position eventually became so untenable that bankruptcy was the only option.
Answer: D
Explanation: A survey is usually a study on a group of people (population) to determine the effectiveness or something else. Usually a group of questions. Good luck.
Answer:
$90,000
Explanation:
Given data
Net credit sales = $6,000,000
The estimated bad debt percentage is 1.50%
Credit balance in allowance for uncollectible accounts = $42,000
Adjusted balance = $40,000
The computation of the bad debt expense is shown below:
= Net credit sales × estimated bad debt percentage
= $6,000,000 × 1.50%
= $90,000
By multiplying the net credit sales with the estimated bad debt percentage we get the bad debt expense and the same is applied in the above calculation
The correct answer is performance.
Performance refers to the fulfillment of one's duties stipulated by the contract one signs with another individual. If you don't abide by those rules written in the contract, that is, if you do not perform what is said there, the contract may be terminated.