Answer:
The overhead cost allocated to Totes is $11556 and option c is the correct answer
Explanation:
To allocate the overheads between products using a plant wide rate, we need to calculate the plant wide Overhead absorption rate (OAR). The OAR allocates overheads to each product based on the activity level consumed by each product.
OAR = Budgeted Overheads / Budgeted Absorption base
As the overhead absorption base is the direct labor cost, we first need to determine the total direct labor cost for both the products.
Direct labor cost = 64 * 350 + 51 * 530 = $49430
OAR = 25500 / 49430 = $0.5159 per direct labor cost of $1
Direct labor cost used by Totes = 64 * 350 = $22400
Overheads to be allocated to Totes = 22400 * 0.5159 = $11556.16 rounded off to $11556
Answer:
1). Which factor helps Bangladesh's goods stay competitive when compared to goods from China?
E). Fear of relying on a single country
Bangladesh works as a substitute to Chinese imports. Both Bangladesh and Chinese have a comparative advantage in the production of cheap goods such as textiles because of low labor costs, but companies would rather rely on more than one country (for example: China), so they move production to another country with similar conditions in other to diversify their sources.
This in turn increases the bargaining power of the suppliers according to Porter's model.
2). According to Hecksher-Ohlin theory, which of the following gives Bangladesh a cost advantage?
D). Labor-intensive production
According to Hecksher-Ohlin theory, countries specialize and export the goods that use intensively the factor of production that is most abundant. In Bangladesh, the factor of production that is most abundant is labor, and textile goods are intensive in labor, therefore, Bangladesh specializes in this type of goods and exports them.
Answer:
NO ITS ACEF (baka)
Explanation:
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Answer:
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Answer:
The answer is A. decreases from 20 to 8
Explanation:
Money multiplier is the amount of money that commercial banks generate with each dollar of their reserves.
The formula is:
1/reserve requirement.
When the reserve requirement was 5 percent, money multiplier will be:
1/0.05 =20
And when the reserve requirement was 12.5 percent, money multiplier will be:
1/0.125 = 8.
Therefore, money multiplier decreases from 20 to 8