Answer:
Allocated MOH= $675
Explanation:
Giving the following information:
Overhead Application Rate of $4.50 per direct labor dollar incurred.
Direct labor dolalrs= 10*15= $150
<u>To calculate the manufacturing overhead applied to the job, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4.5*150
Allocated MOH= $675
A study of supply and demand conditions in the market for orange juice lies primarily within the realm of microeconomics.
<h3><u>
Explanation:</u></h3>
Micro economics is the field of study that deals with the choices that are made by individuals. It deals with study of how the decisions are made by individuals, household and companies regarding the utilization of resources. It always deals with the markets that are associated with the good and services and also with the economic issues associated with individuals.
Adam Smith is the father of micro economics. In the examples given, A study of supply and demand conditions in the market for orange juice is an example of the micro economics. This is because, it deals with the supply and demand conditions in the market of the orange juice that are consumed by individuals.
Answer:
$6,312.38
Explanation:
Bradley snapp deposited $5,000 in an investment account
He was given a rate of 6% compounded annually
He plans to leave the money there for 4 years when he will make a down payment on a car
Therefore the down payment which he will be able to make can be calculated as follows
= $5000×(1+0.06)^4
= $5000×1.06^4
= $5000 × 1.26247696
= $6,312.38
Hence the down payment Bradley will be able to make is $6,312.38
Answer:
$ 175,900.00
Explanation:
Yearly preferred stock dividends=number of preferred shares*dividend percentage*par value
yearly preferred stock dividends=77,000*5%*$10=$ 38,500.00
Since preferred stock is cumulative it implies that dividends in arrears for last year must be paid alongside this year dividends
dividends to preferred stock=$ 38,500*2=$77,000.00
common stockholders' dividends=total dividends-preferred stock dividends=$252,900-$77,000=$ 175,900.00
Answer:
cost-plus regulation
Explanation:
Pricing regulation is the strategy the a government uses in controlling the price of commodities at the retail markets and other stages in the production process.
The cost-plus regulation of prices allows businesses the set prices on goods that will meet up with the cost of production of the good and also add a normal rate of profit.
In the given instance the firm covers the cost of production for its product and also adds a 15% profit to the price it charges its customer.
This is cost-plus regulation.