Answer:
Connecting the world over time
Explanation:
Is the process of interaction of businesses and exchanges worldwide.
Answer:
The computation is shown below:
Explanation:
a. The company overhead rate based on direct labor is
= Total Overheads ÷ Direct Labor Hours
= $1,048,000 ÷ 40,000
= $26.2 per hour
b) Overheads Rate using Activity Based Costing is
= Cost ÷ Activity level
For Order Processing, it is
= $226,800 ÷ 14,000 orders
= $16.2 per order
For setups, it is
= $157850 ÷ 4,100 setup
= $38.5 per setup
For Milling, it is
= $395,850 ÷ 20,300 machine hours
= $19.5 per machine hour
For Shipping
= $267,500 ÷ 25,000
= $10.7 per shipment
We simply applied the above formula so that the per unit could come
Deposit column. You can also state in the comments section that it was interest earned from the checking account.
Answer:
The short run refers to a period of less than one year.
Explanation:
The statements is false that the short run refers to a period of less than one year.
The short run, long run and very long run are different time periods in economics.
<u>Short run – where one factor of production (e.g. capital) is fixed</u>.
long run – Where all factors of production are variable,
Unlike in accounting where operating period refer to a period of one year, <u> there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.</u>
Answer:
19.1% management rate.
Explanation:
Adjusted fee charge per unit = 575
Adjusted fee charge for total unit of product = 575 * 50 = $28750
Net after feel charge on goods = 600000 - 28750 = $571250
15% vacancy and loss rate = .15 * 571250 = $85687.5
Total management fee per year = $114437.5
Percentage rate management fee = (114437.5/600000) *100
= 19.1 %