Answer:
General overhead= $3.81 per direct labor hour
Explanation:
Given the following information:
General Overhead $80,000 Number of direct labor hours
Number of direct labor hours 9,000 12,000= 21,000
<u>To calculate the activity rate, we need to use the following formula:</u>
Activity rate= estimated costs / total amount of allocation rate
General Overhead= 80,000 / 21,000
General overhead= $3.81 per direct labor hour
Answer:
Remain constant.
Explanation:
As Spain produces more digital cameras and fewer camcorders, the opportunity cost of producing each additional digital camera <u>remain constant. </u>
Production possibility frontier is a curve that show how different combination of product are produced using limited resources. It demonstrate that how production of one goods need to be decreased to produce higher number of other goods.
Opportunity cost is constant, as tradeoffs are the same regardless of where you are on the line, same slope at any point.
Answer:
proper per unit inventory value for product Z applying LCM is $38
Explanation:
given data
cost of product Z = $43
net realizable value product Z = $37
normal profit for product Z = $2
market value product Z = $38
solution
first we get here difference between Net realizable value and profit that is
Net realizable value - normal profit
= $37 - $2
= $35
so here now we get proper per unit inventory is
proper per unit inventory = lower of cost or market value
so here market value product Z is lower so
proper per unit inventory value for product Z applying LCM is $38
