Answer:
Allocated MOH= $158,000
Explanation:
Giving the following information:
The standard direct labor quantity is 4 hours per lamp, and the company produced 9,800 lamps in January. This required 39,500 direct labor hours.
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4*39,500= $158,000
Answer: Option A and B
Explanation: The given case relates to the law of supply.
As per the law of supply, the price and the quantity supplied of a good or service are positively related to each other. However there are other factors also which affects the demand such as the cost of production.
If the price of a commodity rises or its cost of production decreases then the profit margin of it increases for the supplier. This increased margin works as an incentive to produce and supply more to the market.
Hence the correct option is A and B.
Answer:
D) $6,000.
Explanation:
Number of Employees = 20 employees
Earning per day = $100 per day
Total Earning per day = 20 x $100 = $2,000 per day
It is assumed that weekend days are off days and not being paid.
Week days Spent upto last day after payment = Wednesday - Last Monday
Week days Spent upto last day after payment = 3 days
Accrued Expense at the end of accounting period = 3 days x $2,000 per day = $6,000
Answer:
Insider Trading
Explanation:
Insider trading is an illegal act which is performed by an individual on the bases of confidential information. Any information which is not for public use and is used for personal benefit is an offense which is committed by Sally.
She leaked the information to Alice who further used that information to her own personal benefit which is straight off an illegal act falling in the category of insider trading.
B.............................