Matt's wife is in the Army and has received orders to a military installation 2000 miles away. Matt resigns from his current job and he and his wife move across the country. Matt then actively searches for similar positions near the military installation where his wife is working. What type of unemployment is Matt experiencing

Answers

Answer 1

The answer to the type of unemployment Matt is experiencing is frictional unemployment.

The frictional unemployment period is the span of time between quitting a job voluntarily and finding another. As a result, it is frequently referred to as search unemployment, even though it also takes into account employment gaps caused by changing jobs. One of the three major types of unemployment, along with structural and cyclical unemployment, is frictional unemployment. Better job possibilities, services, pay, unhappiness with the prior position, strikes by labor unions, and other non-unionized work activities are some of the factors that contribute to frictional unemployment. Because jobs and workers are both diverse, there might be a mismatch in the features of supply and demand, leading to frictional unemployment.

To learn more about unemployment click here

brainly.com/question/13399471

#SPJ4


Related Questions

True or false: You should include either budget information or a time estimate in your content creation plan.

Answers

The given statement is true about the budget information or a time estimate in the content creation plan.

A budget is a calculating play, typically financial but not necessarily, for a specific time frame, typically one year or a month. A budget accounts for anticipated income and costs as well as future saving and spending. Individuals and businesses may both use budgeting to determine whether or not their predicted revenue and costs will allow them to continue operating. A budget that includes information on the projected value of sales and cost may be created for each fiscal year. This allows you to predict how the upcoming accounting period will probably conclude. The business's actual performance may be compared to the suggested strategy. Budgets are a quantitative way for businesses, governments, families, and other groups to articulate their strategic plans of action.

learn more about budget here

https://brainly.com/question/18803390

#SPJ4

Please select the newly answerable business questions that emerged in the ""modern age"" of marketing

Answers

With the end of World War I, the modern era of marketing began. Utilizing all of a company's resources to give customers the best experience possible and spur business growth is modern marketing.

According to a recent McKinsey survey, marketing is a key factor in most or all of a company's growth agenda, according to 83 percent of worldwide CEOs. Large volumes of messages and content can be developed continuously, monitored by performance analytics, and then changed as necessary in a modern marketing company.

Broad offers and experiences across significant consumer segments are referred to as personalization. Today, the objective of modern age of marketing is to creatively deliver as much relevant one-to-one marketing as possible by leveraging data from all consumer interactions.

To learn more about modern age of marketing, please refer:

https://brainly.com/question/11846978

#SPJ4

Compute Cash flow from Investing activities from the following information:
Particulars
31.03.2021
1,00,000
50,000
80,000
12,000
1,50,000
50,000
Land and Building
Furniture and Fittings
Share Capital
Goodwill
Long term Investment
Plant and Machinery
During the year * 5,000 depreciation charged on Plant and Machinery.
31.03.2022
1,28,000
60,000
1,14,000
30,000
50,000
30,000

Answers

Answer:

Explanation:

To compute the cash flow from investing activities, we need to consider all of the cash inflows and outflows related to investing activities during the year.

First, we can add up all of the cash outflows during the year, which includes the purchases of land and building, furniture and fittings, share capital, goodwill, long-term investment, and plant and machinery. These outflows total 1,00,000 + 50,000 + 80,000 + 12,000 + 1,50,000 + 50,000 = 4,42,000.

We also need to consider any depreciation charges on plant and machinery, which in this case was 5,000.

Then, we can add up all of the cash inflows during the year, which includes the sale of land and building, furniture and fittings, share capital, goodwill, long-term investment, and plant and machinery. These inflows total 1,28,000 + 60,000 + 1,14,000 + 30,000 + 50,000 + 30,000 = 4,32,000.

The cash flow from investing activities is equal to the sum of the cash inflows minus the sum of the cash outflows plus any depreciation charges. So in this case, the cash flow from investing activities is 4,32,000 - 4,42,000 + 5,000 = -12,000. This means that there was a net outflow of cash from investing activities of 12,000 during the year.

In this figure, obtaining more books by giving up some movies is called a(n) ______; whereas losing two books in order to gain 1 movie is referred to as ______ cost.

Answers

In this figure, obtaining more books by giving up some movies is called a(n) trade-off; whereas losing two books in order to gain 1 movie is referred to as production cost.

The capital-structure irrelevance statement, which was developed by the economists Modigliani and Miller in the 1950s after they investigated capital structure theory, is the foundation of the static trade-off theory.

According to this thesis, in ideal markets, a company's capital structure is irrelevant because its earning potential and the risk associated with its underlying assets define its market value.

Value, in the opinion of Modigliani and Miller, is unaffected by the type of finance used and the investments made by a company. The risk to a corporation grows as debt increases, somewhat offsetting the decline in WACC. As a result, the static trade-off hypothesis identifies a debt and equity combination where the declining WACC balances the rising.

To know more about trade off:

https://brainly.com/question/10895386

#SPJ4

Which of the following topics refer to macroeconomics? A. The market for tablets and other portable electronic devices has been steadily growing over the last 5 years. B. Consumer confidence is at an all-time high and the U.S. economy is growing. C. There is a paper towel shortage due to the COVID-19 situation. D. There is an increase in the demand for thermometers. E. There is an increase in the demand for take-out meals

Answers

From the following, the one which refers to macroeconomics is that  consumer confidence is at an all-time high and also the U.S. economy is growing.

Macroeconomics tends to focus on the performance of the economies. So, the Macroeconomics is considered to be the branch of economics which thus studies the economy as a whole. Thus, the objective of macro economics is in order to maximize the welfare of an economy.

However, here the consumer confidence is at an all-time high which is due to macroeconomics. Macroeconomics tends to study an economy as a whole by mainly focusing on the aggregate measures.

Hence, option B is correct.

To learn more aboiut the Macroeconomics here:

https://brainly.com/question/28489802

#SPJ4

What is 5x in stock?

Answers

5x in stock refers to a quantity of the item being sold. For example, if a store has 5x in stock of a certain item, it means that the store has 5 times the amount of that item in stock.

Therefore, if a store has 5x in stock of a certain item, it means that the store has 5 times the amount of that item in stock.

A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. In order to raise money to run their businesses, corporations issue stock. The two primary stock categories are common and preferred.

To know more about stock here

https://brainly.com/question/13263639

#SPJ4

What does zone of tolerance mean?

Answers

A zone of tolerance (ZOT) that represents the. range of IS service performance a customer would consider satisfactory

What is  zone of tolerance?service to customers Instead than having just one expectation level, expectations have a variety of levels.The idea can be described as having a limited or broad perspective, depending on how wide the tolerance range is. According to some recent studies [9,10], a zone of tolerance should be regarded as "narrow" if its breadth is less than 20% of the point-of-scale being employed.Customers may accept variance within a range of performance, and any improvement in performance within this range will only have a minimal impact on perceptions. This is the significance of the zone of tolerance.Tolerance is a fair and objective attitude toward others, usually the result of a conscious effort on the part of the tolerant party

To learn more about zone of tolerance refers to:

brainly.com/question/536619

#SPJ4

How do you make changes in the workplace?

Answers

The way we can make changes in the workplace by set a clear direction, create an environment of trust, involve employees in decision-making.

What is workplace?
Workplace
is an environment in which people interact to carry out their jobs and duties. It is typically a physical space, such as an office or factory, in which people gather to work. The workplace can also refer to a virtual space, such as a remote office, where people collaborate via technology. The workplace environment includes the physical, social and psychological elements that influence how employees behave and interact.

Establish a clear vision for the workplace, with achievable objectives and goals. Give employees a sense of purpose and direction. Allow employees to take risks and make mistakes without fear of retribution. Encourage participation and collaboration among employees. Give them a chance to contribute to the decision-making process.

To learn more about workplace
https://brainly.com/question/29618609

#SPJ4

Problem 5-3A Part 2 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.

Answers

Accounts for cash, accounts payable, and allowance for uncollectible accounts should all receive transactions. Cash Accounts. The provision, also known as a bad debt reserve .

What does it mean to post transaction accounting?

In accounting, the term "posting" describes the process of transferring a transaction entry from a journal to a general ledger, which houses all of a company's financial accounts. A ledger organises transactions by accounts, such as assets or liabilities, while a journal records items in a chronological order. All transactions are transferred from all Journals (transaction registers) to the Chart of Accounts through a process known as "post transactions" (General Ledger).

Moving one or more transactions from a module into a Journal is another definition of "posting." The general ledger must be filled out with specific accounting transactions before being posted. It entails gathering financial transactions from their current location in specialised ledgers and moving the data into the general ledger. Post each transaction from your journal to your general ledger to keep your records up to date.

To learn more about Post transactions refer to :

https://brainly.com/question/17143087

#SPJ4

Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as: Question 26 options: part of the labor force. not in the labor force. employed. unemployed.

Answers

Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as not in the labor force.

The labor force, often referred to as the labor force, refers to the group of people who are employed or unemployed. It is often used to refer to employees who work for a company or an industry, but it can also refer to a geographic area such as a city, state, or country.

The value of a company's "incumbent workforce" can be labeled. A country's labor force includes both the employed and the unemployed. Formal work is defined as any type of formal structured and paid work.

To know more about Labor force here-

https://brainly.com/question/13962639

#SPJ4

What Cannot be solved by an algorithm?

Answers

An algorithm is unable to resolve undecidable problems. By any algorithm, these issues are theoretically intractable.

Do algorithms have the ability to address every issue? No, There are several known mathematically undecidable problems, and as a result, no method exists that can fully resolve them.Issues that are intractable, By any algorithm, these issues are theoretically intractable. With a yes-or-no response, the halting problem is an intractable decision problem. A computer is incapable of knowing whether it is stuck in an endless loop or will eventually come to an end.An algorithm is unable to resolve undecidable problems. By any algorithm, these issues are theoretically intractable.    

To learn more about algorithm refer to:

https://brainly.com/question/24953880

#SPJ4

________ are professional accountants who serve the general public, not one particular company.
A. certified public accountants
B. certified management accountants
C. cost accountants
D. controllers

Answers

certified public accountants are professional accountants who serve the general public, not one particular company. so option A is correct.

What is a Certified Public Accountant referred to as?

Chartered Professional Accountant (CPA) Professionals in accounting who are licensed and devoted to defending the public interest are identified by the CPA designation. To help investors better understand the financial health of firms, these experts provide attestation services such as financial statement audits. Within one to two years, CPA-certified accountants rise to jobs with greater responsibility, and within a few years after that, they frequently receive promotions to senior level positions. The time and effort spent studying for and passing your CPA examination will be more than worthwhile after you have done so.

To know more about Certified Public Accountant visit:

https://brainly.com/question/13459412

#SPJ4

War metaphors are common in business. This kind of mindset can be dangerous for business leaders because

Answers

In business, war metaphors are frequent. Business leaders should avoid adopting this mindset since it may cause employees to act violently.

Why do moral dilemmas frequently occur in business?

Lack of integrity, issues with organisational relationships, conflicts of interest, and deceptive advertising are the four main things that might contribute to ethical issues at work.

What are the four corporate ethics issues?

The four categories of business ethics are equity, rights, honesty, and the use of corporate power. Business enterprises must balance their obligations to the public, shareholders, consumers, and employees.

To know more about Business visit:-

https://brainly.com/question/15826604

#SPJ4

What happens when governments control or dominate a national economy?

Answers

In a command economy, the central government dictates the position of the product of goods and controls their distribution and prices.

Proponents of the command economy argue government control rather than private enterprise can ensure the fair distribution of goods and services.   Command frugality is a profitable system where the government controls the product and pricing of goods and services.

Also called command frugality. A profitable system where the government has total control over frugality and politics. Also called command frugality.   Some of the cons include a lack of effective resource allocation, lack of invention, and the requirements and preferences of society may be ignored due to poor planning.

To learn more about profitable system, visit here

https://brainly.com/question/12120445

#SPJ4

What is free enterprise examples ?

Answers

Examples of free enterprise include an individual beginning an online business or a private restaurant chain that is run without the involvement of the government.

What is free enterprise in simple terms?

In a free enterprise or free market economy, private individuals can establish businesses and engage in competitive market buying and selling with the least amount of interference from the government. Resource, product, and financial markets are the three different forms of free enterprise markets. Because it enables individuals to focus on their strengths while trading for the rest, free enterprise works. Free enterprise is fueled by competition, which leads to higher productivity and reduced costs for the consumer.

The standard of living is higher in nations that support free markets. economic liberty, willing (voluntary) transaction, private property rights, the desire for profit, and competition. The right to private property, competition, profits as an incentive, and consumer sovereignty are the five main tenets of the free enterprise economic system that governs the United States.

To learn more about free enterprise  refer to :

https://brainly.com/question/353543

#SPJ4

As the price of milk increases, producers are normally willing to supply greater quantities. This response is known as the law of Group of answer choices demand averages increasing costs supply variable proportions

Answers

The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, providers will offer more of those goods or services, and vice versa.

Demand declines when price rises and decreases in quantity needed (but demand itself stays the same). Quantity requested rises when the price declines. The Law of Demand is this. An inverse connection is shown on a graph as a line that slopes downhill from left to right. Size of the market, to start If there are more (fewer) businesses, the supply curve moves out (in). For instance, if there are more dairy farmers, more milk is produced, and the supply spreads.

To learn more about microeconomic click the link below:

brainly.com/question/28489802

#SPJ4

The law of supply is a microeconomic principle that states that as the price of a good or service rises, providers will offer more of those goods or services, and vice versa.

When prices rise and the amount required lowers, demand falls (but demand itself stays the same). When the price falls, the quantity sought climbs. This is the Law of Demand. On a graph, an inverse connection is represented as a line that slopes downward from left to right. To begin, consider the market size. The supply curve shifts out as there are more (or fewer) enterprises (in). For example, as the number of dairy producers increases, more milk is produced, and the supply spreads.

Learn more about to microeconomic

brainly.com/question/28489802

#SPJ4

A consumer has sent a complaint to the Texas Real Estate Commission (TREC) against a real estate agent, claiming a violation of the Canon of Integrity. The agent is accused of

Answers

The agent is accused of Canon of Integrity which states misrepresenting the condition of the property by omitting pertinent facts.

What is the canon of integrity?

The Integrity canon deals with misrepresentations. Licensees owe a special obligation to exercise integrity in discharging responsibilities. This may be accomplished with prudence and caution to avoid misrepresentation by words, deeds or omissions (Section 531.2).

To know more about Canon of integrity, visit: brainly.com/question/4580370

#SPJ4

Broker Jim always has a parade float in the annual Fall Holiday Parade. What form of advertisement is Broker Jim's float

Answers

Broker Jim’s parade float is institutional form of advertisement.

The earliest parade floats appeared throughout the Middle Ages. Pageant waggons were used by churches as mobile scenery for passion plays, and artisans in certain guilds made pageant waggons for their specialised trade. During Corpus Christi, when up to 48 waggons were utilised, one for each play in the Corpus Christi cycle, the waggons were most prominently pulled throughout the town.

They got their moniker since the earliest floats for the Lord Mayor's Show were decked barges on the River Thames.

the promotion of a brand, company, or category of goods so that consumers will think favorably of it rather than a specific good or service.

To know more about parade float click here

brainly.com/question/6693946

#SPJ4

You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of 1. 25 percent per year, compounded monthly for the first six months, increasing thereafter to 17. 8 percent compounded monthly. Assume you transfer the $8,000 balance from your existing credit card and make no subsequent payments.

How much interest will you owe at the end of the first year? (Do not round intermediate calculations and round your answer to 2 decimal places, e. G. , 32. 16. )

Answers

You can figure out the total interest paid over the course of your loan and the typical monthly interest payments using the Bankrate loan interest calculator.

How do you calculate interest rate after 1 year?

Here is the basic interest calculation: P x R x T is the formula for interest. Principal Amount = P (the beginning balance). Rate of interest (usually per year, expressed as a decimal). T stands for the quantity T.

Let's say you take out a $100 loan at 6% for a year. Will you pay any interest? The basic interest calculation is as follows: Interest = Principal x Rate x Time 4. The following formula is used to determine simple interest: S.I. = P R T, where P = Principal, R = Annual Rate of Interest in%, and T = Time, which is typically expressed as the number of years. The interest rate is expressed as a percentage, or r%, and should be represented as r/100.

To learn more about  interest rate after refer to:

https://brainly.com/question/25720319

#SPJ4

What is the meant by opportunity cost method?

Answers

Explanation:

When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else.

What are the 4 factors that influence a purchasing decision?

Answers

Cultural, social, personal and psychological are the four  factors that influence a purchasing decision .

The appeal of a product can be greatly influenced by cultural and societal influences. Industry organisations invest a lot of money in trying to sway public opinion because they are aware of how culture can affect industry sales. When developing your marketing, keep cultural and social issues in mind. Without offending anyone, you want to draw in as many clients as you can. Consumer behaviour is also influenced by personal variables. Tastes evolve with time. Experts on ageing claim that senior consumer behaviour is extremely varied, indicating that on average, seniors have more motives to make purchases than youth. Motivation refers to the consumer's underlying requirements. A valuable tool is knowing how to inspire your customers. how your potential buyer learns about your goods or views the world.        

For such more questions on Purchasing decision:

brainly.com/question/30166151

#SPJ4  

An airline sells 120 tickets for a flight that seats 100. Each ticket is non-refundable and costs $250. The unit cost of flying a passenger (fuel, landing fees, etc.) is $110 and assumes that every flight is full. If the flight is overbooked, each person who does not get a seat is given $400 in cash. Assume it is equally likely that any number of people between 91 and 120 show up for the flight. Rounded to the nearest thousand, what is the average expected profit the flight will generate

Answers

After subtracting revenue from variable and fixed expenses, profit is realized. Profit can be calculated for a variety of purposes, including determining a product's financial viability and managerial effectiveness.

The average profit from equally likely scenarios would be the expected profit.

The expected profit is the sum of the profit from the initial 90 customers and the likely profit or loss from the subsequent 30 customers.

The probability of each customer traveling for the next 30 customers is 1/30, so the probabilities of profit or loss from those customers are as follows:

$120 x 10 x 1/30 - $100 x 20 x 1/30 = -$26.67

Expected profit = 90 x $120 - $26.67 = $10,773 or $11,000.

To learn more about profit here:

https://brainly.com/question/15036999

#SPJ4

Why did the stock market crash make people lose confidence in business?

Answers

The stock market crash of 1929 caused people to lose confidence in business because it revealed underlying economic problems and a lack of transparency in the market.

The crash was caused by a combination of factors such as overproduction, underconsumption, and a speculative bubble in the stock market. People who had invested heavily in the stock market saw their investments lose value overnight, which led to a loss of trust in the market and in the businesses that were listed on it.

The crash also exposed the lack of regulation and oversight in the market, which further eroded people's confidence in businesses. Additionally, the crash led to a severe economic depression, causing widespread unemployment and economic hardship, which further damaged people's confidence in business.

The Great Depression was a global economic crisis that lasted from 1929 to 1939 and is considered the longest and most severe depression of the 20th century.

To learn more about Stock Market,

https://brainly.com/question/28222929

#SPJ4

In computing the realized gain in a like-kind exchange, it is necessary to compare A) the fair market value of the assets received with the adjusted basis of the assets given up. B) the adjusted basis of the assets received with the fair market value of the assets given up. C) the fair market value of the assets received with the fair market value of the assets given up. D) the adjusted basis of the assets received with the adjusted basis of the assets given up.

Answers

The correct answer to the question is Option A- the fair market value of the assets received with the adjusted basis of the assets given up.

What is Fair market value?

A product's fair market value, or FMV, is the price it would fetch on the open market if both parties were given a reasonable amount of time to complete the transaction, were acting in their own best interests, and were not under undue pressure.

Typically, the average of three or more homes that are comparable is used to determine the home's fair market value. A popular method for determining a home's fair market value, or the price a buyer is willing to pay in a given market, is the comps strategy.

The fair market value of a property is decided by both the buyer and the seller. The real estate transactions that take place within a community are looked at by the appraiser or assessor, who then determines the factors that influence the final sale prices.

To know more about Fair market value, visit:

https://brainly.com/question/14002494

#SPJ4

5. What are the specific characteristics that define the private enterprise system? How does
this type of system encourage innovation? Provide an example that helps to illustrate this
and explain.

Answers

the specific characteristics that define the private enterprise system-1 freedom of choice; (2) private property rights; (3) earnings motive of owners; and (4) owner control.

In the United States, there are three fundamental sorts of commercial enterprise companies - individual- ly owned, partnerships, and corporations.

What is the essential characteristic of our non-public employer economy?

As an economic system, personal employer is characterized by competition, open markets, private ownership, and non-public initiative

A free organisation economy has 5 vital characteristics. They are: monetary freedom, voluntary (willing) exchange, non-public property rights, the profit motive, and competition. Some of these facets may additionally already be familiar.

The major distinguishing feature of non-public groups in contrast to public corporations is that they are managed privately, barring  any affect or involvement from the government.

Learn more about private enterprise here:

https://brainly.com/question/28293197#SPJ1

How do you show a problem is undecidable?

Answers

An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.

Give an example of a problem that is believed to be intractable?According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response. In other words, any such program would occasionally produce the incorrect response or would continue running indefinitely without producing an answer.An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response.      

To learn more about undecidable problem refer to:

https://brainly.com/question/19556124

#SPJ4

A 7% convertible debenture is selling at 101. It is convertible into the common stock of the same corporation at $25. The common stock is currently trading at $23. If the stock were trading at parity with the debenture, the price of the stock would be A) $43.91. B) $25.25. C) $40.00. D) $25.00.

Answers

If the stock were trading at parity with the debenture, the price of the stock would be $25.25.

What exactly does the conversion price include?

The conversion price is the cost per share to convert a convertible asset into a common stock such as a stock, Debentures or preferred stock. Calculating the conversion rate of a convertible security determines the conversion price. The bond contract or securities prospectus determines the exchange ratio.

To get parity prices for commons:

$1,000 / $25

= 40 shares

To discover the number of shares the debenture is convertible into (conversion ratio).

Common stock's parity price:

1,010 / 40

= $25.25

To learn more about bond contract, click

https://brainly.com/question/24233531

#SPJ4

Which of the following were resources and capabilities that helped Five Guys gain a competitive advantage and develop into a successful restaurant chain

Answers

The resources and capabilities that helped Five Guys gain a competitive advantage and develop into a successful restaurant chain were focusing on such details as store layout and design and also Carefully choosing the supplier of the potatoes for their fries

Focusing on store layout and design: Five Guys stores are designed to be clean, bright, and welcoming, with a focus on the open kitchen so customers can see their food being prepared.

Carefully choosing the supplier of the potatoes for their fries: Five Guys uses only potatoes from specific farms in the northwest region of the USA, which are hand-cut and cooked in peanut oil, which gives them a unique texture and flavor. This attention to detail on a key ingredient in their menu helps to differentiate them from competitors and provide a unique taste experience to customers.

Learn more about Five Guys here:https://brainly.com/question/28904740

#SPJ4

How will your employers regard you if you can adapt to changes, new ideas, and different work environments

Answers

If you can adjust to changes, new ideas, and various work situations, employers will view you as a valuable asset. A person, business, or organization that pays individuals to labor for them is an employer.

The person or business for which you work is your employer. His boss had dispatched him to Rome. The largest employer in the nation is the telephone company. The term "employer" refers to a person or a corporate entity operating in the public, private, nonprofit, or business sectors that employs and compensates workers. Employers set the conditions of work for employees and supply the agreed-upon terms, such as the compensation, in their capacity as the authority within an organization. Both sides gain from the employer-employee relationship but both have responsibilities. The relationship's fundamental tenet is that the employee performs certain duties or renders services to the employer in exchange for payment.

learn more about employer here:

https://brainly.com/question/17459074

#SPJ4

Assume (1) estimated fixed manufacturing overhead for the coming period of $200,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The predetermined plantwide overhead rate for the period is closest to:
A) $5.82
B) $5.70
C) $5.93
D) $5.64
Could I also have a step by step explanation please?

Answers

The predetermined plantwide overhead rate for the period is closest to $5.64 when estimated fixed manufacturing overhead for the coming period of $200,000.

Calculating the problem:

Given:

Estimated fixed overhead rate = 200,000

Estimated variable manufacturing overhead = $ 2.00

Predetermined Overhead rate  = Estimated Variable overhead rate + Estimated Fixed overhead rate

= 2 + (predicted fixed manufacturing overhead cost/Estimated labor hours)

= 2 + (200,000/55,000)

= 2 + 3.64

= $5.64

Manufacturing overhead rate:

The standard amount of factory overhead costs that are allocated to each production unit is known as a manufacturing overhead rate. Accrual-based accounting assigns factory overhead costs to units that have been sold and units that are stored in inventory using this information.

There are five distinct categories of overhead in manufacturing: indirect employment; indirect supplies, materials, and parts for repair; utilities and rent; depreciation; monetary costs

What is the overhead rate, exactly?

The overhead rate is the ratio of direct costs, sales, or other inputs, like machine hours, to overhead costs (rent and other administrative costs). It shows owners and managers how their company's indirect costs compare to, say, its direct manufacturing or gross sales costs.

Why is overhead necessary?

Because it provides crucial support for the production of activities that result in profits, overhead is still required. For instance, in order to obtain a location that is suitable for the sale of clothes, a high-end clothing retailer must pay a sizeable sum for rent, which is a type of overhead.

Learn more about manufacturing overhead costs:

brainly.com/question/17250459

#SPJ4

Other Questions
What is meant by moving laterally from a position in onedepartment to a position in another department?Lateral moves retrain successful employees for newpositions in the private sector.Lateral moves afford employees with a step up inseniority and responsibility in a new department.Lateral moves are shifts between departments andduties without moving up on the GS schedule.Lateral moves retrain successful employees for newpositions in the private sector to reward loyalty. The probability that a student studied is 0.85. The probability that a student will not pass, given that the student studied is 0.10.a) Find the probability that a student will study and will pass.b) Suppose that the probability that a student will either study or pass is 0.8. Find the probability that a student will pass. What is an example of a sentence with quotation marks? Places where there is an elevated chance of being the victim of crime are known as: A. Hot targets B. Hot spots C. Suitable targets D. Chronic spots One of the major advantages of language is its flexibility.Please select the best answer from the choices providedT/F Find the range of values of k for which the equation 4x + 12x + k = 0 has no real roots. What are the 7 different triangles? What are the advantages of earning your own money to purchase something special? explain the advantages using specific details and examples in your response? Economic value added is also referred to as ______. Multiple choice question. Opportunity cost of capital residual income net income rate of return According to the reading on the course web pages, flint is a classic example of this material type.CeramicCompositeMetalPolymer A rectangular tank 6 m long, 2 m deep and 2. 4 m wide contains 1 m of water. The tank is accelerated in the x-direction (along the direction of the 6 m length) with an acceleration 2. 45 m/s^22. 45m/s 2. What is the angle (in degrees) of the water surface with the horizontal Dylan opened a credit card account with $575.00 of available credit. Now that he has made some purchases, Dylan's account only has $465.75 of available credit. What is the percentage decrease of the amount of available credit in Dylan's account? As of the year 2000, services accounted for what percentage of total U.S. output? O 25 percent. O 50 percent O 80 percent. O 90 percent. technology helps to produce, manipulate, store, communicate, and/or disseminate information. a. Computer b. Nano c. Communication d. Information O O _____ created person-centered therapy in an effort to help each individual become _____ What is the aTeri West operates her own catering service. Summary financial data for July are presented in equation form as follows. Each line designated by a number indicates the effect of a transaction on the equation. Each increase and decrease in owner's equity, except transaction (5), affects net income. Assets = Liabilities + Owner's Equity Cash + Supplies + Land = Accounts Payable + Teri West, Capital - Teri West, Drawing + Fees Earned - ExpensesBal. 40,000 3,000 82,000 7,500 117,500 1. +71,800 +71,800 2. -15,000 +15,000 3. -47,500 -47,5004. +1,100 +1,100 5. -5,000 -5,000 6. -4,000 -4,000 7. -1,500 -1,500Bal. 40,300 2,600 97,000 4,600 117,500 -5,000 71,800 -49,000mount of the net income for the month? What is the amount of the net increase in cash during the month?$fill in the blank 8300c. What is the amount of the net increase in owner's equity during the month?$fill in the blank 917,800d. What is the amount of the net income for the month?$fill in the blank 10e. How much of the net income for the month was retained in the business?$fill in the blank 11 What are the 4 factors that influence natural selection? A 2.00-kilogram object weighs 19.6 newtons on Earth. If the acceleration due to gravity on Mars is 3.7 1 m/s^2, what is the object's mass on Mars Julian went shopping for a new pair of sneakers. Sales tax where he lives is 5.75%. If the price of the pair of sneakers is pp dollars and cents, which expression represents the total price plus tax? How do you solve equivalent questions?