Fredin Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead$80,400 Budgeted fixed manufacturing overhead 185,700 Total budgeted manufacturing overhead $266,100 Budgeted production (a) 15,000units Standard hours per unit (b) 2.00labor-hours Budgeted hours (a) × (b) 30,000labor-hours ?The variable component of the predetermined overhead rate is closest to:
A. $2.41 per labor-hour
B. $2.93 per labor-hour
C. $3.02 per labor-hour
D. $2.68 per labor-hour
Answer: D
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Which sentence uses correct capitalization?
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In order for the CISG to apply, the following conditions must be met except:
a. parties' places of business are in two different countries. b. the contract is for the commercial sale of goods. c. the parties must have designated the CISG as the applicable law. d. the parties' places of business are located in countries that have ratified the convention.
Richard has two investment opportunities. He can invest in The Sunglasses Company or The Umbrella Company
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