Answer:
There are four major OMEs manufacturer trucks for the North American market
Marketing is promoting and selling goods and services. On a national level, it is promoting and selling the outputs or products of one country to another country.
Answer:
Total overhead rate = $34.17 per machine hour
Explanation:
The total overhead rate would the sum of the variable overhead rate and the fixed overhead rate
<em>The pre-determined fixed overhead absorption rate = Estimated fixed overhead /Estimated machine hours </em>
<em>DATA:</em>
<em>Estimated overhead - $256,500.</em>
<em>Estimated machine hours - 10,000 machine hours</em>
The pre-determined fixed overhead absorption rate =
$256,500/ 10,000 machine hours = 25.65 per hour
<em>The pre-determined overhead absorption rate = $25.65 per hour</em>
Total overhead rate = Variable rate + Fixed rate
= $8.52 + $25.65 = $34.17
Total overhead rate = $34.17 per machine hour
Answer:
A. internal decision makers
Explanation:
Managerial accounting is a form of accounting the identification, analysis and interpretation of an entity's information for the pursuance of its set goals and objective by internal users such as Managers.
The information presented by managerial accounting is used by management in making key business decisions.
Elements of managerial accounting includes budgeting and forecasting which differs from financial accounting uses historical data and is meant majorly for external users such as creditors and shareholders.
Hence the primary goal of managerial accounting is to provide information to internal decision makers.
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
Current Consumption Marginal Rate of Substitution
= Marginal Utility (MU) of Pecan Pie ÷ Marginal Utility (MU) of Yogurt
= 2
Utility Maximized When Marginal Rate of Substitution (MRS)
= Marginal Utility of Pecan Pie ÷ Marginal Utility of Yogurt
= $3.75 ÷ $1.25
= 3
According to the analysis, Utility-maximizing MRS (3) is more than the current MRS (2). So to increase the utility bob should have to consume less pecan pie and more quantity of yogurt.
