Answer:
Flase.
Explanation:
The plantwide overhead rate method uses multiple rates to allocate overhead costs to products.
False.
As the name indicates, the plantwide overhead rate uses a single rate to allocate overhead. When the predetermined overhead rate is calculated using the activity base method, you have as many predetermined rates as activities.
To calculate a plant-wide overhead rate, you need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Answer:
Select one:
a hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
Explanation:
Select one:
a hyperinflation
b. disinflation
c. deflation
d. inflation
Select one:
a hyperinflationSelect one:
a hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
b. disinflation
c. deflation
d. inflation
= Hyperinflation
= Hyperinflation
In a MARKET economy the price of apple will be determined by supply and demand. The correct option is C.
A market economy is one in which the the decision of what, how and for whom to produce is determined by the customers who make the demand and the business owners who supply the goods.
$5,500
This is the maximum deductible contribution for people under 50 in 2016, 2017, and 2018 tax years. (For people 50 and over, the max deductible is $6,500)
The interest income account is debited and the cash account is credited in the journal entry for interest on a note receivable.
<h3>
What are Notes payable?</h3>
Long-term obligations known as notes payable represent the sums that a firm owes its financiers, including banks and other financial institutions as well as other funding sources like friends and family. They are considered long-term since they are due after a year, though typically within five years.
Thus, the journal entry of interest on notes payable can be referred to in the below image.
Learn more about notes payable :
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