The correct answer is exchange or trade
Answer:
1.267 = Overhead Rate
Explanation:
<em>As general approach,</em> the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.
In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:
<em>Using Direct Materials cost, the rate would be:</em>
By the use of Lifo in a period where the prices rise, companies avoid to report paper profit, also called phantom profit, as economic gain. Have in mind that in periods of changing prices, the cost flow assumption can have a significant impact onincome and on evaluations based on income. That is why when Lifo is used the companies tend to <span>report the lowest net income </span>
Yes, "management" is still relevant as a course of study today.
Management is one of the most relevant course offered by an educational establishment such as a university. The course polishes the skills of student and enlighten them on how to be useful in management of a company.
- <em>Business Administration</em>, <em>Business Management, Management Studies, Commerce, Hospital Management, Hospitality Management </em>are examples course that falls under the umbrella of Management
- Auditors, Accountants, Revenue officers are examples employee who learnt the management course.
In conclusion, studying a management course in a country will employment opportunities makes its easy for a student to get a job.
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<em>brainly.com/question/24227339</em>
