The answer is 385.
An organization's overhead charge is set at $14 for each machine hour. job are 846 and uses 27.5 machine hours. overhead allocated to job 846 will be $385.
$14×27.5= $385.
<h3>What Is the Overhead Rate?</h3>
A cost associated with the creation of a good or service is the overhead rate. The cost of the corporate headquarters is an example of an overhead expense that is not directly tied to output. In order to distribute or allocate the overhead costs depending on particular metrics, an overhead rate is applied to the direct production-related costs. Allocation factor plus indirect expenses equals overhead rate. The overhead rate is determined based on a specified time frame. Therefore, adding up your weekly indirect or overhead costs would allow you to calculate the indirect costs for a week.
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Your friend is in the category of people considered to have HIGH INCOME.
Friend's salary is more than $1 million and he lives off a credit card. He has high income but net worth can't be determined.
Answer:
Investment on Gold Company 305,565
Goodwill 20,360
Carrying value 325,925
Explanation:
<em>Because our current control, we have to use the equity valuation</em>
<em>the net income increased our investment and the cash dividends decreased.</em>
beginning book value 275,400
+ 30% net income
30% of 125,600 = 37,680
-30% cash dividends
30% of 25,050 = (7,515)
ending I<u>nvestment on Gold Company 305,565</u>
<u />
<em>The goodwill will be amortized over 5 years using straight-line method</em>
<u>Goodwill</u>
300,850 - 275,400 = 25,450
life 5 years
25,450/5 = 5,090
amortization (5,090)
<u>Total 20,360</u>
If a firm's marginal costs <u>fall</u>, then its <u>price falls.</u>
This is based on the principle that if the marginal cost of a product or firm rises, that implies that the firm is operating at a high fixed cost, thereby leading to an increase in the cost of production, which generally equates to products having a high price.
On the other hand, where there is low marginal cost, production costs reduce because the products are being produced at a lower fixed cost. Thereby leading to lower prices.
Hence, in this case, it is concluded that "If a firm's marginal costs <u>fall</u>, then its <u>price falls</u>."
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