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aniked [119]
3 years ago
8

The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as: Mu

ltiple Choice 1. Adjusted overhead. 2. Estimated overhead. 3. Predetermined overhead. 4. Underapplied overhead. 5. Overapplied overhead.
Business
1 answer:
liubo4ka [24]3 years ago
5 0

Answer:

E. Over applied overhead

Explanation:

Over applied overhead is defined as excess amount of overhead applied during a production period over the actual overhead incurred during that period. In other words, it means excess overhead applied to work over the amount of overhead actually incurred.

When this occurs, it is called favourable variance and it is added to the budgeted profit in the end of the accounting period in a financial statement.

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Gvb inc., a consulting firm, hires zainab, who is a muslim. in order to avoid discriminating against zainab based on her religio
avanturin [10]
In order to avoid discriminating against Zainab based on her religion, GVB MUST MAKE REASONABLE ACCOMMODATION FOR HER RELIGIOUS NEEDS.
Discriminating against people in the work place because of their religion or race is a criminal offense punishable under law. In order for GVB to avoid court suit it must make necessary and reasonable accommodation pertaining to Zainab religion.
8 0
3 years ago
In a small, closed economy, national income (GDP) is $ 400.00 million for the current quarter. Individuals have spent $ 150.00 m
Mashcka [7]

Answer:

The amount spent in this economy in the said quarter is<em> $100,000,000.00</em>

Explanation:

<em>However, in closed economies what it simply means is that there are no exports and imports.</em>

<em />

Investment (I) = business investment plus residential investment plus inventory investment. Government Purchases (G) = general government consumption plus general government investment. Net Exports (NE) = exports minus imports plus net tourism.

∴ to calculate the amount of money spent on this closed economy, I will use the <em>Expenditure Approach formula</em> for GDP and make Investment the subject of the formula which is

GDP formula is used which states that total output/GDP (Y) is equal to Consumption (C) + Investment (I) + Government Spending (G) + Net exports (NX). Where net exports is exports (X) minus imports (M): NX = X – M.

Where:

GDP (Y) = C + I + G + (X-M)

Where:

GDP (Y) = $400,000,000.00

C = $150,000,000.00

I = 0

G = $150,000,000.00

(X-M) = 0

GDP (Y) = C + I + G + (X-M) =

$400,000,000.00 = $150,000,000.00 + (I) + 150,000,000.00 + (X-M)

Making (I) the subject of the Formula

GDP- C -G = I

∴ $400,000,000.00 - $150,000,000.00 - $150,000,000.00 = I

∴ $400,000,000.00 - $300,000,000.00

=<em> $100,000,000.00</em>

<em></em>

The amount spent in this economy in the said quarter

=<em> $100,000,000.00.</em>

<em></em>

<em>Note: </em><em>I did not add the Tax because I used the Expenditure approach method which does not include the tax values while the Income Approach method does include it but excludes Export and Import values.</em>

6 0
3 years ago
The situation described in the first excerpt, what is the inspector's opinion of employer taylor, ibbotson, and co.? what phrase
kap26 [50]

Full Question:

Directions: The following excerpts come from reports of child labor practices submitted to Parliament.

The first is from a report by Superintendent of Factory Inspections Robert A. Baker in 1836, three years after the 1833 Factory Act went into effect.

The second is a personal narrative from a report compiled by the Children's Employment Commission nearly 30 years later in 1864. Read the excerpts and answer the questions that follow:

<em>My Lord, in the case of Taylor Ibbotson, and Co., I took the evidence from the mouths of the boys themselves. They stated to me that they commenced working on Friday morning, the 27th of May last, at six, A.M, and that, with the exception of meal hours and one hour at mIdnIght extra, they did not cease working till four o'clock on Saturday evening, having been two days and a night thus engaged. Believing the case scarcely possible, I asked every boy the same question, and from each received the same answer. I then went into the house to look at the time-book, and in the presence of one of the Masters referred to the cruelty of the case, and stated that I should certainly punish It with all the severity In my power....  My Lord, by a clause In the factory act, it Is enacted that, “no more than one penalty can be obtalned from any one person for any one description of offence in any one day” Had I laid the information, therefore, on all the boys for the same offence, the penalty could have only been 20/. [About $100 in 2010] a sum which appeared to me inadequate to the gross nature of the offence committed, I therefore, my lord, varied the Information, so as to enable me to sue for 80/ [about $400 In 2010], being four full penalties, could I have obtained them, laying the first for working two boys more than twelve hours on the Frlday; the second for working a boy before five o'clock on the Saturday morning; the other for working two boys in the night time, between FrIday and Saturday; and the fourth for keeping a false time-book, as to the hours of working. These views, however my lord, were not responded to, I very much regret to say, by the magistrates before whom the case was heard. The parties were only fine 50/. [about $50 fo In 2010] on each Information, and wIth an aggregate of penalties of 102 [about $100 In 20101 escaped.  —Robert A. Baker, Superintendent of Factory Inspections, 1836 </em>

Question: The situation described in the first excerpt, what is the inspector's opinion of employer Taylor, Ibbotson, and co.? what phrases in the report support this

Answer:

The inspectors opinion of Taylor Ibboston and Co, is that they have engaged in criminal activities which are in violation fo the 1833 Factory Act. He is also is of the opinion that they ought to be punished to the full extend of the Law.

Explanation:

In the excerpt, he clearly states:

<em>I then went into the house to look at the time-book, and in the presence of one of the Masters referred to the cruelty of the case, and stated that I should certainly punish It with all the severity In my power....  </em>

<em />

Another phrase which supports his position states:

<em> I therefore, my lord, varied the Information, so as to enable me to sue for 80/ [about $400 In 2010], being four full penalties, ... </em>

<em />

Cheers!

7 0
3 years ago
The fallacy of composition is:a. the erroneous view that an economic activity can sometimes exceed the sum of its components. b.
Mamont248 [21]

Answer:

The correct answer is d.

Explanation:

The fallacy of composition consists in inferring that something particular is true, and that therefore it is also true about a whole, basing this only because it is true about one or more of its parts. For example, if we establish that a piece of metal can not break at high temperatures, therefore the machine of which it is part will not break at high temperatures.

Have a nice day!

7 0
3 years ago
WILL GIVE BRAILIEST
Korvikt [17]
C. Current status and intermediate goals
5 0
3 years ago
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