I like all of them but the T. rex is my all time fav
Answer:
1. $6 per machine hour
2. $5 per unit
Explanation:
1.
Indirect cost are those cost which are not directly traceable to the product / department / project. Actual indirect cost rate is the actual incurred cost per unit of activity on which it actually based. Actual Indirect cost rate can be calculated as the Actual indirect cost divided by the Actual indirect expense. As shown below
Actual Indirect cost rate = $300,000 / 50,000 = $6 per machine hour
2.
Profit margin the the net of Selling price and all direct and indirect expenses. Direct cost is $3 per unit, which the indirect cost is $6 per machine hour, each unit consumes two machine hours.
Selling price $20
Less:
Direct cost $3
Indirect cost <u>$12</u>
(2x$6)
Total cost <u>($15)</u>
Profit Margin $5
Profit margin earned each unit is $5
Answer:
D, doing all of the above
Explanation:
Deposit outflow is a situation in which deposits are lost as a result of continous withdrawals by depositors.
In other for banks to protect themselves from this sort of situation, the bank can choose to do all of the options in the questions which includes callin-in loans, holding excess reserves and/or selling securities. This helps the bank to maintain account balances amongst other things.
To reduce or eradicate deposit outflow is the reason for deposit insurance. Deposit Insurance corporations or companies helps banks to reduce their deficits or losses when they are at the point of not being able to pay deposits when due.
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