To help children resolve the crisis of autonomy versus shame and doubt, parents should strike a balance between control and freedom.
What happens in autonomy versus shame and doubt?Autonomy versus shame and doubt is a stage in the development of children according to Erik Erikson.
The age that a child will often pass through this stage is when they are aged between 18 month to 4 years.
Erik Erikson advices that if we are to help children through the crisis autonomy versus shame and doubt, parents should help the child with their self control.
They can do this by letting the child explore for themselves but balancing this with controlling other actions the children get involved in.
Options for this question include:
Allow the children to behave as they pleasePlace strict controls on the child's movements strike a balance between control and freedom.Find out more on autonomy versus shame and doubt at https://brainly.com/question/13058950
#SPJ1
When should you start financial planning?A.when you make your first million dollars.B.once you have priorities established regardless of typeC.when you set up a 401k through your employer regardless of age.D.Before you start at your first paying job.
Answer:
B. once you have priorities established regardless of age
A key benefit of collaboration is _______________, which focuses on deriving better and more unique ideas for products and services.
A key benefit of collaboration is innovation which focuses on deriving better and more unique ideas for products and services.
What is innovation?Innovation is termed as a service, product,strategy, business model that is both useful and novel. Innovations need not be be a major breakthrough in technology or it need not be a new business model; they can be any upgrades to the customer service of a company or features which are added to the existing product.
In business, Innovation is grouped into two categories:
Sustaining and Disruptive.
Sustaining innovation:
It enhances any organization's processes and their technologies to improve the product line for existing customer base.
Disruptive innovation:
It occurs when a smaller company challenge a larger business.
To learn more about innovation, refer
https://brainly.ph/question/3797142
#SPJ4
Kenna+invests+$5,000+today,+compounded+monthly,+with+an+annual+interest+rate+of+8.52%.+what+amount+of+interest+will+she+earn+in+one+year?
Kenna invests $5,000 today, compounded monthly, with an annual interest rate of 8.52%. What amount of interest will she earn in one year .$443.04
(PV = -$5,000 PMT = 0,
Rate =8.52%, Periods = 12,
compounding monthly solve for FV = $5,443.04
.To solve for the interest earned use
FV - PV = $5,443.04 - $5,000 = $443.04)
Annual interest definition
The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are typically annualized.
The calculations and formula are as follows: Effective yearly interest rate = (nominal rate / number of compounding periods) - 1 + (number of compounding periods) - (number of compounding periods) - 1. This would be: 10.47% = (1 + 10% / 12)) 12 - 1 for investment A. It would be as follows for investment B: 10.36% = (1 + (10.1% / 2)) 2 - 1.
The annual interest produced by a sum that is paid to investors or charged to borrowers is referred to as the annual percentage rate (APR).
to know more about annual interest.
https://brainly.com/question/15728540
#SPJ4
Cisco uses the term the power of in-person to describe the ability of what technology to improve access to subject matter experts and to open doors for small business people?.
Telepresence is a technology that enables better access to subject matter experts and opens possibilities for small company owners, and Cisco refers to it as having "the power of in-person."
A group of technologies known together as telepresence enable a person to seem or appear to be present via telerobotics at a location other than their actual location.
In order for telepresence to give users the impression that they are in another place, certain stimuli must interact with their senses. Furthermore, users could be given the power to influence the remote location. The user's position, motions, actions, voice, etc. may be sensed in this scenario in order to transmit and reproduce in the remote place to achieve this effect. Information may therefore be sent between the user and the distant site in both directions.
Learn more about Telepresence, here
https://brainly.com/question/8664026
#SPJ4
Question 11 of 20
Who is not using Social Security as intended?
OA. Victor receives retirement income from his portfolio along with his
Social Security.
B. Rick uses his Social Security as his primary source of income.
OC. Ilsa supplements her portfolio income with her monthly Social
Security.
D. Louise collects disability because of an airplane accident when
she was flying.
Answer:
the answer is c I think not sure
The one not using Social Security as intended is Rick uses his Social Security as his primary source of income. Thus the correct option is B.
What is Social Security?Social Security is a requirements program supported by the general fund of the U.S. Treasury that pays elderly, blind, or disabled individuals with low incomes and resources.
The elderly, disabled workers, war veterans, and families who have lost a husband or parent are all helped by Social Security. It was intended to provide retired workers with a steady income after retirement, whether they were 65 years old or older.
Some railway workers and employees of the administration are not entitled to Social Security. The worker's payroll tax contributions over the course of his or her working career were to constitute the basis for benefits.
Therefore, option B is appropriate.
Learn more about Social Security, here:
https://brainly.com/question/2460666
#SPJ2
the national business ethics survey found that employees who feel pressured to compromise ethical standards view as the greatest source of such pressure.
The national business ethics survey found that employees who feel pressured to compromise ethical standards view as the greatest source of such pressure from clients.
Ethical behavior in the workplace includes Following Company Rules, Communicating Effectively, Taking Responsibility, Accountability, Professionalism, Trust, and Mutual Respect for Work Colleagues. Rules, Effective Communication, Responsibility Taking, accountability, professionalism, trust, and mutual respect for colleagues at work. 20
Ethical behavior is characterized by honesty, fairness, and justice in personal, professional, and academic relationships, research, and scientific activity. Ethical behavior respects the dignity, diversity, and rights of individuals and groups of people.
Ethics guide us to speak the truth, keep our promises, and help those in need. Our daily lives are governed by an ethical framework that helps us make choices that have a positive impact and discourage unfair consequences.
Learn more about Ethics here:
https://brainly.com/question/26571250
#SPJ4
The journal entry to record bad debt expense is made during the year in which it is determined that a particular receivable is uncollectible, regardless of the year of sale. True or false?.
The journal entry to record bad debt expense is made during the year in which it is determined that a particular receivable is uncollectible, regardless of the year of sale.
The given statement is False.
What is a journal entry?
A journal entry is used to record a business transaction in the accounting records of a business. An accounting entry is usually recorded in the general ledger; alternatively, it may be recorded in a subsidiary ledger, which is then summarized and entered in the general ledger. The general ledger is then used to create the financial statements of the business.The logic behind journaling is to record each business transaction in at least two places (known as double-entry bookkeeping). For example, when you generate a cash sale, it increases both the revenue account and the cash account. Or, if you purchase goods on account, it increases both the accounts payable account and the inventory account.To learn more about journal entry, refer to:
brainly.com/question/20421012
#SPJ4
Expenditure on consumption goods and services flows from ______ through the ______ markets.
Expenditure on consumption goods and services flows from households to firms through the goods markets.
What is Expenditure?The term "expenditure" is related to the amount of money that has been spent by someone on any product or service. Basically, it is an act of spending. It is not only about money; it always involves time and energy as well.
When expenditure is done in the sector of goods consumption and services utilization, this is done right from the households to the firms because these are the ultimate consumers; customers who consume goods and services that result in expenditure.
As a result, expenditure is something that begins in the household and moves through the goods market.
Learn more about Expenditure from here:
https://brainly.com/question/22636973
#SPJ1
3. How would you summarize the value of a "two-year degree/some college" when it comes to the
earnings potential for Millennials?
I will summarize the value of a "two-year degree/some college" when it comes to the earnings potential for Millennials as the second best option because it is one that pays above 40 dollars as shown on the graph.
What are the rewards and value of a college degree?Bachelor's graduates is known to be a person who has studied for minimum 3-5 years and are those that are able to earn an average of about over $50,000 a year.
Note that those that has a higher level degree such as master's, doctorate or any kind of professional certificates do earn an average of about $70,000 per year.
Therefore, I will summarize the value of a "two-year degree/some college" when it comes to the earnings potential for Millennials as the second best option because it is one that pays above 40 dollars as shown on the graph.
Learn more about college degree from
https://brainly.com/question/22665987
#SPJ1
assume down, incorporated, was organized on may 1 to compete with despair, incorporated—a company that sells de-motivational posters and office products. down, incorporated, encountered the following events during its first month of operations. received $44,000 cash from the investors who organized down, incorporated borrowed $17,000 cash and signed a note due in two years. ordered equipment costing $12,000. purchased $8,000 in equipment, paying $3,000 in cash and signing a six-month note for the balance. received the equipment ordered in (c), paid for half of it, and put the rest on account.
A balance sheet is a assertion of a enterprise's belongings, liabilities, and owner's equity as of any given date. commonly, a stability sheet is ready on the give up of set intervals eg, each quarter; annually.
A balance sheet is constituted of columns. The column on the left lists the assets of the employer.
DOWN INC
Balance Sheet
At May 31
Assets Liabilities
Current Assets Current liabilities
Cash 38,500 Notes Payable 5,000
Accounts Payable 6,500
Total current assets 38,500 Total current liabilities 11,500
Long term liabilities
Notes Payable 16,000
Property,plant & equipment Total long term liabilities 16,000
Equipment 20,000
Property,plant & equipment 20,000
Stockholders Equity
Common Stock 31,000
Retained Earnings -
Total Stockholders equity 31,000
Total Assets 58,500 Total Liabilities & Stockholders Equity 58,500
Learn more about the balance sheet here
https://brainly.com/question/1113933
#SPJ4
Consider luxury weekend hotel packages in las vegas. When the price is $250, the quantity demanded is 2,000 packages per week. When the price is $280, the quantity demanded is 1,700 packages per week. Using the midpoint method, the price elasticity of demand is about.
Using the midpoint method, the price elasticity of demand is around 1.43, an increase in price will cause the total hotel revenue to decrease.
Consumer demand and the prices of goods and services have a major impact on the elasticity of demand. If the price of goods or services is cheap, consumer demand will increase.
On the other hand, if the price of goods or services is getting more expensive, then consumer demand will also decrease, or even they may not want to buy anymore. Elasticity of demand is an economic term used to describe consumer demand conditions affecting the price of goods/services. The elasticity of demand can also affect the income elasticity of consumers.
Generally, consumers want the price of goods or services that are cheap, but not necessarily consumers can buy them. Because there is an income elasticity factor that affects the purchasing power and distribution of people's income.
You can learn more about elasticity of demand here brainly.com/question/14883429
#SPJ4
Which step of the market research process involves specifying the research objectives and identifying the consumer population of interest?
The step of the market research process which involves specifying the research objectives and identifying the consumer population of interest is defining the research problem.
What is Consumer?A consumer is referred to as an end user of any product. He is the person who utilized or consumes the goods. For example, when parents purchase baby food, they will be considered customers, not consumers the consumer is a kid.
The first stage of the market research process includes the definition of the research problem which includes which the problem faced by the organization is identified and defined to seek a solution and perform the research.
Learn more about the market research process, here:
https://brainly.com/question/12734784
#SPJ1
the december 31, 2021, balance sheet of chen, incorporated, showed long-term debt of $1,460,000, $152,000 in the common stock account, and $2,770,000 in the additional paid-in surplus account. the december 31, 2022, balance sheet showed long-term debt of $1,700,000, $162,000 in the common stock account and $3,070,000 in the additional paid-in surplus account. the 2022 income statement showed an interest expense of $100,000 and the company paid out $157,000 in cash dividends during 2022. the firm’s net capital spending for 2022 was $1,080,000, and the firm reduced its net working capital investment by $137,000. what was the firm's 2022 operating cash flow, or ocf?
Explanation:
The cash flow to creditors is the interest paid, minus any net new borrowing, so:
Cash flow to creditors = Interest paid - Net new borrowing
Cash flow to creditors = Interest paid - (LTD end - LTD beg)
Cash flow to creditors = $100,000 - ($1,700,000 - $1,460,000)
Cash flow to creditors = -$140,000
The cash flow to stockholders is the dividends paid minus any new equity raised. So, the cash flow to stockholders is: (Note that APIS is the additional paid-in surplus.)
Cash flow to stockholders = Dividends paid - Net new equity
Cash flow to stockholders = Dividends paid - [(Common end + APIS end) - (Common beg + APIS beg)]
Cash flow to stockholders = $157,000 - [($162,000 + 3,070,000) - ($152,000 + 2,770,000)]
Cash flow to stockholders = -$153,000
We know that cash flow from assets is equal to cash flow to creditors plus cash flow to stockholders. So, cash flow from assets is:
Cash flow from assets = Cash flow to creditors + Cash flow to stockholders
Cash flow from assets = -$140,000 - 153,000
Cash flow from assets = -$293,000
We also know that cash flow from assets is equal to the operating cash flow minus the change in net working capital and the net capital spending. We can use this relationship to find the operating cash flow. Doing so, we find:
Cash flow from assets = OCF - Change in NWC - Net capital spending
-$293,000 = OCF - (-$137,000) - ($1,080,000)
OCF = -$293,000 - $137,000 + $1,080,000
OCF = $650,000
Learn more about Cash flow here:- https://brainly.com/question/735261
#SPJ4
How will unit (average) cost of manufacturing (materials, labor and overhead) usually change if the production level rises?
It will fall, although not directly in line with the rise in production. It will rise, but in the opposite direction as production rises. An expense for the company that varies according on how much is produced or sold is called a variable cost.
Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
Total cost is the sum paid by the business for creating and distributing its goods. Remember that the firm converts inputs into outputs during the production process. Each of those inputs is expensive for the company.
To learn more on production rises
https://brainly.com/question/13117735
#SPJ1
assume that china imports a significant amount of coffee beans from vietnam. which trading bloc would reduce trade barriers between china and vietnam?
The ASEAN trading bloc reduce the trading barriers between China and Vietnam.
What is ASEAN?The Association of South East Asian Nations is headquarted at Jakarta, Indonesia. It is a regional inter governmental organisation that comprises of 10 South East Asian countries including Vietnam and China. The aim of ASEAN is to facilitate cooperation between the 10 member nations in the fields of politics, security, economy, military etc.
The ASEAN has influence in International affairs as well. Since it is a body of South East Asian nations it has the power to reduce trade barriers between China and Vietnam which are member countries.
To learn more about ASEAN, refer
https://brainly.in/question/54705
#SPJ4
marco and tatiana are married and file separate returns for 2021. tatiana itemizes her deductions on her return. marco's adjusted gross income was $18,000, his itemized deductions were $2,400. neither have any dependents.
Since Marco's itemized deductions are lower than the standard deduction, he should not itemize. His taxable income = AGI - standard deduction = $18,000 - $12,400 = $5,600.
Marco's total income tax liability = $5,600 x 10% = $560
Taxpayers should not itemize when the deductions are lower than the standard deduction.
Usually, who takes itemized deductions?When they can deduct more under the itemized deductions cap than under the standard deduction, taxpayers often opt to itemize. About 30% of taxpayers opted to itemize in recent years.
What are some typical itemized deductions?Itemized deductions: types
You can have up to two residences' mortgage interest.
your local, state, and/or state sales taxes.
Real estate taxes.
To Know more about standard deduction
https://brainly.com/question/2419164
#SPJ4
Paloma’s firm is beginning operations in a foreign host country that requires at least 5% of managerial roles to be filled by workers from the host country. When paloma hires 50% of managers from the host country, she is fulfilling the "make a profit" practice of corporate social responsibility. True or false?.
The answer is false
Organizational social responsibility CSR refers to the idea that a company should engage in actions that hold it accountable to a variety of stakeholders. A company that engages in CSR is held responsible by the community, investors, and the company. A business of this type participates in social welfare, employee, and environmental conservation projects. Companies become corporate citizens when they practice CSR. By contributing to initiatives and programs that help the neighborhood, a firm contributes a portion of its revenues to society. CSR contributes to strengthening the bond between a business and its neighborhood. Additionally, it serves to inspire the company's staff.
To know more about corporate social responsibility refer to https://brainly.com/question/14624782
#SPJ4
Brazil exports coffee into the common market known as the european union and imports from the european union other products that brazil could produce but at a higher cost than what it costs the europeans to produce. This practice follows the theory of.
Brazil exports coffee into the common market known as the european union and imports from the european union other products that brazil could produce but at a higher cost than what it costs the europeans to produce. This practice follows the theory of Trade.
A trade deficit occurs when a country imports more than it exports. For example, in 2018, the United States exported $2.5 trillion worth of goods and services and imported $3.121 trillion, leaving a trade deficit of $621 billion. One advantage is when a country specializes in a product that can be supplied more efficiently or at a lower cost than producing other items.
Imports and exports are important for economic development and growth because not all countries have the necessary resources and skills to produce certain goods and services. Nevertheless, countries impose trade barriers such as tariffs and import quotas to protect domestic industries.
Learn more about Imports and exports here:-https://brainly.com/question/13663581
#SPJ4
If the prices of all goods and services rose, but the quantity produced remained unchanged, what would happen to nominal and real gdp?.
Nominal GDP would rise, but real GDP would be unchanged. Nominal GDP is a measure of economic output in an economy that takes current prices into account. In other words, it does not account for inflation or the rate at which prices rise, which might exaggerate the growth statistic. Nominal GDP is calculated using current prices, whereas real GDP is calculated using constant prices.
Real GDP is an inflation-adjusted measure of a country's gross domestic product. In contrast, nominal GDP is calculated using current prices and does not account for inflation. Nominal GDP accounts for current market prices without taking into account deflation or inflation.
To learn more about GDP, click here.
https://brainly.com/question/15171681
#SPJ4
The slope of a production possibilities frontier measures the ________ of producing one more unit of a good.
The slope of a production possibilities frontier measures the opportunity cost of producing one more unit of a good.
The Production Possibility Frontier (PPF) is a chart showing all the different combinations of production of two commodities that can be produced with available resources and technology. PDF captures the concept of scarcity.
PPC, also known as the production possibilities frontier, measures the maximum output of two commodities given a fixed amount of input. For example, states have a certain amount of resources in the form of taxes. She plans to use her own funds to fund her two programs in education and public health.
Choices and compromises. The Production Possibilities Frontier (PPF) sits above the curve, representing an impossible scenario given available resources. PPF shows that the production of one commodity increases only when the production of the other commodity decreases.
Learn more about Production Possibilities Frontier here:
https://brainly.com/question/25071524
#SPJ4
Determining the selling price in the global marketplace is an extremely difficult task. Many countries still have rules governing the ________, including those that affect pricing.
Determining the selling price in the global marketplace is an extremely difficult task. Many countries still have rules governing the competitive market place including those that affect pricing.
What is Competitive Market?
A competitive market emerges as a result of client needs. Organizations must evaluate (and improve) their production costs, pricing strategies, quantity, and quality in order to attract customers. Like in every market, the forces of supply and demand play a significant role in this system. In a competitive market, however, the market is not managed or shaped by a single consumer or producer. One of the most important things to realise is that competitive markets are hypothetical and not real. No market genuinely has perfect competition, despite some of them meeting the requirements and displaying the characteristics.
To know more about competitive market refer:
https://brainly.com/question/7024827
#SPJ4
because of performance and data quality issues, most experts agree that the federated architecture should supplement data warehouses, not replace them. true false
Because of performance and data quality issues, most experts agree that the federated architecture should supplement data warehouses, not replace them is True.
A data mart is a subset of a data warehouse that targets a specific business area. The first stage is extraction. If you have many data sources such as files, databases, or spreadsheets that you want to convert to another format, an ETL tool will automatically aggregate all this data.
A subset of a multidimensional array usually a 2D representation corresponds to a single set of values for one or more of the dimensions in the subset. A data mart is a topic-oriented data repository, often another section of a data warehouse. It typically contains subsets of data targeted to specific business departments such as marketing, finance, and support.
Learn more about A data mart here:-https://brainly.com/question/28166657
#SPJ4
When ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her ________ set.
When ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her evoked set.
What is Evoked set?
The "evoked set" refers to the brands that consumers think about when they have a need for a product or service. They are viewed as acceptable based on how consumers perceive these brands and their brand equity with customers. The evoked set can include both brands that the consumer has already purchased and brands they have never used. A consumer may become a new or regular customer for a brand if it is connected to their evoked set. To promote a good or service, brands must take this position in the minds of their target market. Typical places to find evoked sets are cereal boxes, shoes, cars, sweets, snacks, and medications.
To know more about evoked set refer:
https://brainly.com/question/8201237
#SPJ4
heinz has announced that they plan to grow the company through an accelerated push into emerging markets such as china, indonesia, and india in the next ten years. this is an example of: group of answer choices tactical objectifying contingency plan strategic planning marketing implementation
Heinz has announced that they plan to grow the company through an accelerated push into emerging markets such as china, indonesia, and india in the next ten years. this is an example of strategic planning.
Strategic planning is that process in which leaders of organization define the vision for the future and also identify their organization's goals and objectives.
The process of strategic planning includes establishing the sequence in which the goals should be realized so that the organization can also reach its stated vision.
Strategic planning generally represents the mid- to long-term goals with a life span of three to five years or it can be much longer.
To know more about strategic planning here:
https://brainly.com/question/16699515
#SPJ4
the study of taxation involves reviewing a multitude of rules and exceptions and, when possible, trying to understand the justification for them. but the desired goal of this learning process is the ability to recognize
The study of economic taxation entails analyzing a plethora of laws and exceptions and, if possible, attempting to comprehend the rationale for them. However, the desired outcome of this learning process is the capacity to spot difficulties with tax implications.
Why is it critical to understand the tax implications?It is critical to understand the data being provided. If the IRS or perhaps the state conducts an audit, the business owners who signed the tax forms may be held accountable. Asking questions and maintaining current on tax changes is the obligation of the owner, not simply the tax preparer.
What are the tax consequences of selling stock?Profit on the sale of something like a stock is taxed at 0%, 15%, or 20% if you held those shares for more than a year, or at your regular tax rate if you owned the shares for less than a year. Furthermore, any dividends received from stock are normally taxable.
To know more about tax implications visit:
https://brainly.com/question/27015438
#SPJ4
The three main tests courts use to classify employees and independent contractors are?
The three main tests courts use to classify employees and independent contractors are IRS 20-Factor analysis, Common-Law Agency Test, and Economic Realities Test.
The Internal Revenue Service (IRS) 20-Factor analysis is one of the primary systems the IRS uses in order to assess whether a worker has been misclassified by the companies that hire them. Thus, the IRS, department of labor, and courts concerned with labor rights use different tests in order to classify the workers.
So the most common types of tests are the IRS 20-Factor Test, Common-Law Agency Test, and the Economic Realities Test. The problem with these tests is that they lack uniformity. They also vary significantly between which factors are considered.
Hence, accurately classifying workers can be complex and confusing.
To learn more about IRS 20-Factor analysis here:
https://brainly.com/question/14604154
#SPJ1
In the 1972 empirical study by black, jensen, and scholes, they found that the estimated slope of the security market line was _______ what the capm would predict.
In the 1972 empirical study by black, jensen, and scholes, they found that the estimated slope of the security market line was less than what the capm would predict.
The term "empirical investigation" describes the studies carried out and conclusions drawn through observation and recording. For example, a wildlife researcher would travel to the field to see how animals interact with one another in groups in the wild.
A securities market line (SML) can be defined as a line drawn on a graph that graphically represents a capital asset pricing model (CAPM). If an investment product will provide a good projected return compared to the level of risk, SML can assist in making that determination.
You can learn more about Security Market Line here brainly.com/question/28331595
#SPJ4
that are in the interests of the owners, rather than in their own interests. what strategies are available to shareholders to help ensure that managers are motivated to act this way? question content area bottom part 1 shareholders can do the following: (select all the choices that apply.) a. ensure that employees are paid a percentage of the company's net income. b. ensure that underperforming managers are fired. c. write contracts that ensure that the interests of the managers and shareholders are closely aligned. d. mount hostile takeovers. e. ensure that employees are paid with company stock and/or stock options
The ways that are out there to shareholders to assist make sure that managers are motivated to act this manner are:
b. Make sure that underperforming managers are discharged.
c. Write contracts that make sure that the interests of the managers and shareholders are closely aligned.
d. Mount hostile takeovers.
e. Make sure that workers are paid with company stock and/or stock choices.
What is mean by shareholders?A person or legal organization that is officially recognized by a corporation as the owner of shares of the share capital of a public or private corporation is referred to as a shareholder. A corporation's members may be referred to as shareholders.Any company's shareholders have a duty to see to it that it is effectively managed and operated. In order to accomplish this, they keep an eye on the business's performance and voice any concerns or support for the management's decisions.Learn more about shareholders here:
https://brainly.com/question/1918560
#SPJ4
harris fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 25,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $539,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris’s actual manufacturing overhead cost for the year was $665,805 and its actual total direct labor was 25,500 hours. required: compute the company’s plantwide predetermined overhead rate for the year. (round your answer to 2 decimal places.)
Given:
Direct labor-hours = 25,000
Fixed manufacturing overhead cost = $539,000
variable manufacturing overhead = $3.00 per direct labor-hour
Actual manufacturing overhead cost for the year = $665,805
Actual total direct labor = 25,500 hours
Now,
Total Estimated Manufacturing Overhead = $539,000 + ( $3 × 25,000 )
= $614,000
And,
predetermined overhead rate = Estimated Manufacturing Overhead / Estimated direct labor hours
predetermined overhead rate = $614,000 / 25,000
predetermined overhead rate = $24.56 per direct labor hour
The predetermined overhead rate is calculated by dividing the estimated manufacturing overhead cost by the estimated activity basis at the beginning of the accounting period. A predetermined overhead rate is then applied to the production to help determine the standard cost of the product.
How do you calculate a predetermined overhead rate?
You can calculate a predetermined overhead rate by dividing the manufacturing overhead cost by the performance driver. For example, if the activity factor is machine hours, divide the overhead cost by the estimated number of machine hours.
Learn more about predetermined overhead rate here:- https://brainly.com/question/26372929
#SPJ4
Which of the following best describes a way to protect yourself from identity theft?
OUse debit cards when shopping online.
O Store passwords in an app on a phone.
Avoid leaving any credit cards at home.
O Do not post private information on social media.
Answer: Do not post private information on social media.
Explanation: if you post or share on social media it can also be shared with hackers and scammers who troll the social media sites,