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Snowcat [4.5K]
2 years ago
8

A telephone cost $250. the sales tax is 7.5 . what was the cost of the telephone including sales tax

Business
1 answer:
Katena32 [7]2 years ago
6 0

Answer:

268.75

Explanation: The sales tax should be 18.75

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The rate established at the beginning of a period that uses estimated overhead and an allocation factor such as estimated direct
Bumek [7]

Answer:

Predetermined overhead rate

Explanation:

The predetermined overhead rate is the rate that is computed by taking the estimated manufacturing overhead and the same would be divided by allocation factor that could be estimated direct labor, estimated direct hours, etc in order to assign the overhead cost

So according to the given situation, the first option is correct i.e. predetermined overhead rate

5 0
3 years ago
The manager of the manufacturing unit of a company is responsible for the costs of the manufacturing unit. The president is in t
trasher [3.6K]

Answer:

AC Problems : Incurred even at 0 output level, much varying & deviant from cash flows

VC Problems : Doesn't include fixed cost, incomplete expenditure, incomplete financial (accounting) statements.

Explanation:

Average Cost is the cost per unit off output.

Problems with AC as a performance measure :

  • It includes all (fixed & variable cost) average. So, including fixed cost, it is not zero even at zero output level.
  • It's variance analysis during production & cost phases is very complicated.
  • It's result are deviant as evident from cash flows.

Variable Cost is the cost incurred on variable factors of production.

Problems with VC as a performance measure :

  • It doesn't include fixed cost. So, it is not a correct measure of complete total expenditure.
  • Fixed costs are huge. No financial inclusion of them makes accounting information unreliable (for legal purposes)
6 0
3 years ago
Which of these changes are planned and based on situations that are expected to arise?
babunello [35]
<span>..(B).. Exponential..</span>
5 0
3 years ago
For each of the following characteristics, say whether it describes a monopoly firm, a monopolistically competitive firm, both,
In-s [12.5K]
Answer 3........................
8 0
3 years ago
Grettzee, a musical instruments manufacturing company, imports high-quality maple wood from Resumbro, a South Asian country wher
kirill [66]

Answer:

Access to factors of production

Explanation:

Factors of production refers to all the resources that are needed in order to create goods or services. Generally, factors of production are divided into 4 category:

-Land

- Labor

- Capital

- Entrepreneurial skill

The woods that needed as raw materials from the text above is included as a part of 'land' . Since Resumbro have closer access to this resources, it will be cheaper for them to produce that materials, and it will be cheaper for Grettzee to buy it from another place .

6 0
2 years ago
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