Option b is Correct. According to the law of increasing opportunity cost, rising salaries result in rising manufacturing opportunity costs.
The opportunity cost to manufacture an additional good will rise as you expand the production of one good, according to the law of increasing opportunity cost. First, keep in mind that opportunity cost, or what is given up when a decision is taken, is the worth of the next-best alternative.
According to the law of growing opportunity cost, the opportunity cost of more units of a specific good will rise as an economy advances along its production possibilities curve in the direction of producing more of it. According to the law of growing opportunity costs, opportunity costs rise as an economy moves toward production along its production possibilities curve.
To know more about opportunity costs Click here: brainly.com/question/481029
#SPJ4
When raw materials are purchased, the work in process inventory account is debited.a. Trueb. False
The statement "When raw materials are purchased, the work-in-process inventory account is debited" is false. In accounting, a debit entry increases an asset or decreases a liability, while a credit entry decreases an asset or increases a liability.
When raw materials are purchased, they are recorded as an increase in the raw materials inventory account, which is a current asset. Therefore, the raw materials inventory account would be credited.
On the other hand, the work-in-process inventory account represents the cost of partially completed goods and is considered a part of the manufacturing process. It would not be directly affected by the purchase of raw materials.
In summary, the statement is false because the purchase of raw materials would not result in a debit to the work-in-process inventory account. Instead, it would result in a credit to the raw materials inventory account.
For more questions like Raw materials click the link below:
https://brainly.com/question/26477187
#SPJ4
all other things the same, if long-term debt is exchanged for short-term debt, the debt-to-equity ratio will be unchanged. group startstrue or falsetrue, unselectedfalse, unselected
It is accurate to say that the debt-to-equity ratio won't alter if long-term debt is switched out for short-term debt.
What is debt-to-equity ratio?The debt-to-equity ratio assesses how much debt your business has overall in comparison to the capital the owners initially put up and the profits that have been held back over time. A financial ratio used to measure how much debt and equity were used to finance a company's assets is the debt-to-equity ratio. The ratio, which is closely tied to leveraging, is also known as risk, gearing, or leverage. The debt-to-equity ratio reveals how much of a firm is owned by creditors (those from whom it has borrowed money) in comparison to how much of the company is owned by shareholders. Along with the debt servicing ratio and the debt-to-total assets ratio, it is one of three formulas used to calculate debt capacity.
To learn more about debt-to-equity click,
https://brainly.com/question/27993089
#SPJ4
what two additional rights have been added to kennedy's original consumer bill of rights? group of answer choices right to choose and right to satisfaction right to listen and right to education right to consumer education and right to service
Two more rights have been added to the original Kennedy consumer bill of rights: the right to service and the right to consumer education.
What does John F. Kennedy mean by consumer rights?
The four fundamental consumer rights—the right to safety, the right to information, the right to make a choice, and the right to be heard—were established by then-US President John F. Kennedy in 1962.
A charter for consumer organizations was established by his proclamation, and it has subsequently been enlarged to take into account the whole range of consumer requirements in the marketplace. The principles were created to:
help countries attain and sustain effective consumer protectionthe promotion of moral behavior in businesspromote the creation of market circumstances that offer customers more options at more affordable rates.Learn more about Kennedy with the help of the given link:
brainly.com/question/13721861
#SPJ4
Which aspect of argentina’s economic environment are international businesses most likely to perceive as attractive?
Infrastructure aspect of Argentina’s economic environment are international businesses most likely to perceive as attractive.
What is economic environment?
All economic elements that have an impact on consumer and business behavior collectively constitute the economic environment. The business's performance, profitability, and strategy as well as customer behavior and preferences are all impacted by the economic environment. Due to numerous internal and external pressures, including technological advancement, political developments, natural disasters, and social movements, the economic environment is dynamic and continually changing. It is a challenging and complex topic of study that enables us to comprehend the origins and effects of economic difficulties and events.
Know more about economic environment- brainly.com/question/28609596
#SPJ4
scarcity exists because of: group of answer choices unlimited wants and limited resources. the market mechanism. the allocation of goods by prices. specialization and division of labor.
Scarcity exists because of unlimited wants and limited resources.
The correct answer is option A.
Failure is an economics conception embedded in one of the most introductory data of life we live in a world of limited coffers that requires choices about how they're allocated. In that sense, every product down to a pack of goo or a book of matches is scarce, since someone expended coffers that could have been stationed away to produce it. failure is so abecedarian to economics that scarce goods are also known as profitable goods. In economics, scarce goods are those for which demand would exceed force at a price of zero. Some natural coffers that may appear to be free because they're fluently and extensively accessible ultimately prove scarce as they're depleted from overuse in a tragedy of the commons.
Learn more about scarcity at
https://brainly.com/question/28346261
#SPJ4
when a deviation is identified in the evaluation phase of the strategic marketing process, what two marketing actions might a manager take?
The evaluation phase aids in determining the effectiveness of the marketing campaign. We contrast the marketing program's results with the objectives specified during the planning stage. In this way, we are able to spot the goals' deviations.
The evaluation phase's goal is to not only find deviations but also take appropriate action in response to them. Exploiting positive deviations is one of two possible courses of action. This occurs when the outcomes considerably exceed the objectives we set. In order to consistently produce successful results, the goal is to reproduce what was successful in the future marketing initiatives. reversing adverse deviations. This occurs when the marketing campaign's objectives are not met. We can take corrective measures after we determine the causes of these undesirable aberrations.
Learn more about marketing here-
https://brainly.com/app/ask
#SPJ4
if the initial demand for margarine were d1, the impact of an increase in the price of margarine from $0.35 to $0.40 per pound on consumer purchases would be illustrated as
The impact of the price increase from $0.35 to $0.40 on consumer purchases of margarine can be illustrated by the decrease in demand from the initial demand, d1, to a lower demand, d2.
What is initial demand?Initial demand is the first level of demand for a product or service that is observed in the market. It is the demand that occurs in the market before any other influences, such as advertising, sales promotions, or price changes, are applied. It is a measure of the natural demand for a product or service and is used to determine the potential success or failure of a product or service.
This decrease in demand is due to the higher price, as consumers are less likely to purchase the good when the price increases.
To learn more about initial demand
https://brainly.com/question/26721038
#SPJ4
production levels to the right of the ppf are: question 19 options: a) unattainable. b) inefficient. c) attainable. d) efficient.
Levels of production to the right of the PPF are unattainable.
What is PPF?The Production Possibilities Frontier (PPF) is a graph that depicts all of the possible output combinations of two goods that can be produced using available resources and technology.Levels of production to the right of the PPF are unattainable. When an economy is producing within its PPF, it is possible to produce more of one good without sacrificing some of the other.If a company develops a new technology that speeds up the production of cheese, output will rise as well. As long as the other production factors remain constant, this increase in output will shift the curve outwards. However, during times of economic hardship, the curve can shift inwards.To learn more about PPF refer to :
https://brainly.com/question/25071524
#SPJ4
what is the future value of $5,000 in 200 days? assume 252 trading days in a year (because the market is not open on holidays and weekends) and an apr of 10% with continuous compounding
The future value of $5,000 in 200 days with an annual percentage rate (APR) of 10% with continuous compounding would be $5,746.81.
The calculation would be as follows:
Future Value = Principal × e^(Rate x Time)
Future Value = $5,000 ×[tex]e^{(0.10* (200/252))}[/tex]
Future Value = $5,000 × [tex]e^{(0.0392)}[/tex]
Future Value = $5,000 x 1.0422
Future Value = $5,746.81
Continuous compounding allows us to calculate the future value of a principal amount over a given period of time by taking into account the compounding frequency.
This is done by calculating the amount of interest that accumulates on a daily basis and then multiplying it by the total number of days. This means that the more often we compound our interest, the more money we can potentially earn.
Learn more about percentage rate:
https://brainly.com/question/24877689
#SPJ4
nagers at a well-known company sold their stock in advance of other shareholders because they knew that their company's performance was a
Managers at a well-known company sold their stock in advance of other shareholders because they knew that their company's performance was a competent company. So that, the stockholders were attract to but the shares.
In the term of business and economic, A shareholder generally can be defined as a person or institution that has invested money in a corporation in exchange for a “share” of the ownership. A shareholders has the ownership that is represented by common or known as preferred shares. That shares are issued by the company and held by the shareholder. Stockholders will generally be interested in buying shares from well-known and qualified companies.
Here you can learn more about shareholder https://brainly.com/question/29803660
#SPJ4
The supply curve is upward-sloping because higher prices ________.
The supply curve is upward-sloping because higher prices incentivize producers to produce more.
As the price of a good increases in the market, the producers can sell each unit that they produce at a higher price, and make it more profitable for them to increase their production.
A supply curve can be defined as a graph that shows how a change in the price of a good or service can affects the quantity that a seller supplies. Price is usually listed on the vertical y-axis of the graph, while quantity supplied is listed on the horizontal x-axis of the graph.
Factors like- taxes and government regulation, market power of the suppliers, availability of the substitute goods, and the economic cycles may all shift the supply or demand curves or alter their respective shapes.
To know more about supply curve refer to-
brainly.com/question/14925184#
#SPJ4
machine learning automates much of a app campaign once it's live. what's one reason marketers should still be involved in the campaign after it's launched?
One reason marketers should still be involved in a campaign after it's launched is to monitor and adjust the machine learning algorithms to ensure they continue to perform optimally and meet business objectives.
Additionally, human oversight can also identify and address any unexpected outcomes or biases in the algorithm's results. This involves regularly monitoring the performance metrics, analyzing results, and making adjustments to the algorithms as needed. This human oversight can help address issues that may arise, such as unexpected outcomes or biases in the algorithm's results, which can negatively impact the campaign's success. By being involved in the campaign after launch, marketers can ensure that the machine learning technology is being used effectively to achieve the desired goals and results.
Learn more about marketers here:
https://brainly.com/question/13414268
#SPJ4
the system in which readers must pay after receiving a certain number of articles for free is known as a .
A digital paywall is a policy that requires readers to pay after obtaining a particular number of articles for free.
What exactly is a paywall and what uses does it have?Digital publishers who utilize paywalls on their websites prevent users from accessing subscriber content but rather experiences without paying a subscription. Although paywalls can be used to progressively grant access to material in exchange for a fee, publishers normally aim to make money through paid subscriptions.
What does a website paywall mean?Publishers may erect a paywall, a digital payment barrier, to restrict access to certain online services. Users must pay a fee or sign up for a membership in order to access material behind a paywall.
Learn more about Digital publishers: https://brainly.com/question/20857315
#SPJ4
for price vs complexity, in the us market, which products seem better positioned? group of answer choices colossal and gamer
Comparing price to complexity suggests that Able and Daring products are better positioned in the US market.
What is the difference between Price and Complexity?Product teams can weigh the worth of new ideas against how challenging it is to incorporate them into a finished product using a prioritizing process called value vs complexity. This calls for research on the goals of users, anticipated outcomes, and financial rewards from adding features. Comparing price to complexity suggests that Able and Daring products are better positioned in the US market.
Each initiative can be assessed by a product team using the value vs. complexity prioritization technique to determine how valuable it will be and how difficult or complex it will be to complete. The projects are then ranked in order of priority and plotted on a quadrant.
Therefore, the correct answer is option 1. Able and Daring.
The complete question is:
For Price vs Complexity, in the US market, which products seem better positioned?
1. Able and Daring
2. Brash and Colossal
3. Bold and Daring
4. Colossal and Gamer
To learn more about products refer to:
brainly.com/question/29200143
#SPJ4
home depot firmly believes that its objectives should not be limited to earning profits. the company supports its local communities through donations, employee giving, fundraising, and other activities. what stage of social responsibility is home depot fulfilling?
The philanthropic stage of social responsibility is home depot's fulfilment.
What Is Philanthropy?
Large-scale charity donations to deserving causes are a component of philanthropy, but it encompasses much more. Wealthy people occasionally create private foundations to aid their philanthropic endeavours. Philanthropy is an endeavour that an individual or organisation conducts out of an altruistic desire to increase human well-being.
Nonprofits are businesses founded to advance a range of social causes, including those related to education, health, science, public safety, and human rights. Under the Internal Revenue Code (IRC) 501, nonprofit organisations in the US are free from paying federal taxes (c).
To learn more about Philanthropy visit;
https://brainly.com/question/9267420
#SPJ4
bright inc., a company exporting electrical appliances, fails to deliver a large shipment on time to a customer in a different country due to certain technical problems. when the problem is addressed to executive leaders, bill expresses direct and honest communication. this is an example of:
Speaking slowly and plainly to individuals is the communication strategy that has the highest chance of success in bridging cultural gaps.
Which primary communication techniques are used?
Voice, nonverbal cues, written words, and visual cues make up the majority of how we communicate. It's vital you actively listen, observe, and sympathize when utilizing any of these communication strategies. They include biological, psychodynamic, behavioral, cognitive, and humanistic perspectives. Every method makes a different attempt to describe human behavior.
An approach is a point of view that makes specific behavioral assumptions about others.
To know more about communication visit:
https://brainly.com/question/11703084
#SPJ4
refer to figure 3-14. at which of the following prices would both arturo and dina gain from trade with each other? a. 12 burritos for 21 tacos b. 12 burritos for 27 tacos c. 12 burritos for 36 tacos d. arturo and dina could not both gain from trade with each other at any price.
Both arturo and dina gain from trade with each other having 12 burritos for 21 tacos.
What is the most evident advantage of trade and specialisation?The most obvious advantage of commerce and specialisation is that they enable us to consume more commodities than we otherwise could.This demonstrates that when compared to other ASEAN nations, Indonesia has comparative advantages in agricultural processing products.America's success depends on trade because it boosts the economy, supports domestic job development, raises living standards, and enables people to sustain their families with reasonably priced goods and services.When nations trade with one another, trade benefits result. The ability to create more products and services, increase productivity, push beyond a country's production possibilities curve, and eventually make better use of resources are all advantages of specialisation.To learn more about trade refer to:
https://brainly.com/question/14926566
#SPJ1
in a market system, scarce goods are allocated by
in a market system, scarce goods are allocated by price.
What is a market system?Generally, Prices are determined by the interaction of supply and demand. When demand for a good increases, the price tends to rise. Conversely, when demand decreases, the price tends to fall.
This system of price signals incentivizes producers to produce more of the good when it is in demand, and less when it is not. This helps to ensure that scarce resources are allocated efficiently and that the good is available to those who value it the most.
Read more about market system
https://brainly.com/question/1177139
#SPJ1
f chapman inc. wants to issue new 30-year bonds today, what coupon rate would the bonds have to pay to be issued at par?
A bond's coupon fee is the fee of hobby it can pay annually, while its yield is the price of return it generates. A bond's coupon price is expressed as a percentage of its par value. The par value is clearly the face fee of the bond or the price of the bond as noted by means of the issuing entity
At what rate will a bond sell if the required fee of return is equal to the coupon rate?A bond will be bought at a premium, when the referred to fee of pastime exceeds the required fee of return, at a discount when the mentioned rate of activity is much less than the required return, and equal to the par fee when the charge of pastime is equal to the required return.
A bond's coupon fee can be calculated with the aid of dividing the sum of the security's annual coupon payments and dividing them by using the bond's par value. For example, a bond issued with a face cost of $1,000 that can pay a $25 coupon semiannually has a coupon charge of 5%.
Learn more about coupon rate here:
https://brainly.com/question/9654369#SPJ4A bond's coupon fee is the fee of hobby it can pay annually, while its yield is the price of return it generates. A bond's coupon price is expressed as a percentage of its par value. The par value is clearly the face fee of the bond or the price of the bond as noted by means of the issuing entity
At what rate will a bond sell if the required fee of return is equal to the coupon rate?A bond will be bought at a premium, when the referred to fee of pastime exceeds the required fee of return, at a discount when the mentioned rate of activity is much less than the required return, and equal to the par fee when the charge of pastime is equal to the required return.
A bond's coupon fee can be calculated with the aid of dividing the sum of the security's annual coupon payments and dividing them by using the bond's par value. For example, a bond issued with a face cost of $1,000 that can pay a $25 coupon semiannually has a coupon charge of 5%.
Learn more about coupon rate here:
brainly.com/question/9654369#SPJ4minnesota manufacturing's balance sheet showed total common equity of $3,000,000 and 600,000 shares of stock outstanding on 12/31/2021. during 2022, the firm had $630,000 of net income, and it paid out $150,000 in dividends. attempt 1/10 for 1.5 pts. part 1 what was the book value per share on 12/31/2022, assuming no common stock was issued or retired during 2022?
The book value per share on 12/31/2022, assuming no common stock was issued or retired during 2022 is $5.05 per share
What do you mean by book value per share?Book value per share is a financial metric that represents the value of a company's equity available to each common shareholder. It is calculated by dividing the company's total common equity by the number of outstanding shares. The book value per share is an indicator of a company's financial health and is used to measure the value of a stock in relation to its market price.
Total common equity on 12/31/2021 + Net income for 2022 - Dividends paid in 2022 / Outstanding shares of stock
$3,000,000 + $630,000 - $150,000 / 600,000 shares = $5.05 per share.
Hence, the answer is, $5.05 per share
To know more about value per share visit:-
brainly.com/question/28266947
#SPJ4
_____looks at the economic behavior of individual people and organizations in specific markets.
Microeconomics looks at the economic behavior of individual people and organizations in specific markets.
What is microeconomics?
The social science of microeconomics examines the effects of incentives and choices, particularly how they affect the allocation and use of resources. Microeconomics is a branch of classical economics that studies how individuals and organizations behave and interact while selecting how to allocate scarce resources. It is the study of resource allocation and usage decisions made by people and businesses. According to microeconomic theory, markets reach equilibrium when the supply of products balances the demand.
Know more about Microeconomics- brainly.com/question/22647251
#SPJ4
relief from the stress of commuting, extra time for family activities, and low overhead expenses are all advantages of - franchises.
The advantage of home based franchises are relief from the stress of commuting, extra time for family activities, and low overhead expenses are all advantages of - franchises.
The franchises is the method of organizing and distribution the products or services which involve the franchisor, the franchisor establishes the brand's trademark and the trade name of the business and business systems.
The business model of franchise is enabled in which the investor operates their business and the investor pays the franchise money to the company owner in return the investor get the system which is developed by the company and the franchisor's name. That's the merit of franchising, relief from the stress of commuting.
The question is incomplete, complete question is here,
What are the advantage of home based franchises? The answer is Relief from the stress of commuting, extra time for family activities, and low overhead expenses are all advantages of - franchises.
To know more about franchises here,
https://brainly.com/question/29376853
#SPJ4
sources of external information that originate with the sellers of products and services and include advertising, company websites, salespeople, and point-of-purchase displays in stores are referred to as
Sources of external information that originate with the sellers of products and services and include advertising, company websites, salespeople, and point-of-purchase displays in stores are referred to as marketing communications or promotional information.
Marketing communication (promotion) is the process of sharing information between a seller and a potential customer or other individuals ([3], p. 344). In other words, marketing communication refers to a company's methods for reaching out to consumers and other stakeholders. The messages and channels that marketers use to connect with their target audiences are referred to as marketing communications, or marcom. Presentations, sponsorships, direct marketing, social marketing, and traditional advertising are a few examples of marketing communications. Promotion in marketing is any sort of marketing communication that aims to persuade target audiences of the relative qualities of a certain good, service, idea, or brand. Advertising, promotions, sales, branding, campaigns, events, and internet promotions are all part of marketing communications.
For such more questions on marketing communications:
brainly.com/question/29899268
#SPJ4
what is considered the most critical difference between domestic marketing and international marketing?
While international marketing serves a broad area, domestic marketing only serves a local area.
When a product or service is only commercialised within its own nation, this is known as domestic marketing. In contrast, international marketing, as the name implies, is a form of marketing that spans multiple nations, i.e., the promotion of goods and services is done on a global scale.
Because the business must adhere to the laws of multiple nations, there is less government influence on domestic marketing than on foreign marketing.
To know more about marketing here
https://brainly.com/question/15483550
#SPJ4
according to the job characteristics theory, the degree to which the job provides an employee with freedom, independence, and discretion to perform the work is referred to as
According to job characteristics theory, degree to which the job provides an employee with freedom, independence, and discretion to perform work is referred to as feedback.
What is job characteristics theory?The concept of job characteristics is part of a philosophy of work organization. It offers "a collection of actionable tips for enhancing work in organizational circumstances." The earliest version of the theory of job characteristics offered a model of five "core" job qualities that influence three psychological states and five work-related outcomes (i.e. experienced meaningfulness, experienced responsibility, and the knowledge of results). The last iteration of the theory predicts that three crucial psychological states will arise as a result of five essential job features, which will then result in a range of positive personal and professional consequences. Both linkages between psychological states and results as well as relationships between job features and psychological states should be moderated by the moderators Growth Need Strength, Knowledge and Skill, and Context Satisfaction.
To learn more about job characteristics theory, visit:
https://brainly.com/question/29303895
#SPJ4
Complete Question:
According to the job characteristics theory, the degree to which the job provides an employee with freedom, independence, and discretion to perform the work is referred to as?
london corp. issues 1,000 shares of stock for $20 per share. what are the effects of this transaction? multiple select question. common stock is increased. cash is decreased. cash is increased. revenue is increased.
This transaction increases common stock and cash, while not affecting revenue. The effects of this transaction:
A. common stock is increased. C. cash is increased.This transaction involves London Corp. issuing 1,000 shares of stock at the price of $20 per share. This will increase the amount of common stock in the company, as 1,000 new shares will be issued. This will also increase the amount of cash the company has, as each share is sold for $20, resulting in a total of $20,000 for the company. Revenue is not affected in this transaction.
Here's the full task:
London Corp. issues 1,000 shares of stock for $20 per share. What are the effects of this transaction?
Multiple select question:
A. common stock is increased. B. cash is decreased. C. cash is increased. D. revenue is increased.Learn more about transaction: https://brainly.com/question/1016861
#SPJ4
A product is currently made in a process-focused shop, where fixed costs are $9000 per year and variable cost is $50 per unit. The firm is considering a fundamental shift in process, to repetitive manufacture. The new process would have fixed costs of $90,000, and variable costs of $5. What is the crossover point for these processes? For what range of outputs is each process appropriate?
$1800, 1800 units of crossover are sold yearly. Process emphasis is less expensive and less important for volumes under 1800 units; repeated manufacturing concentration is less expensive and less important for volumes exceeding 1800 units.
What sort of things does a product focus process often create?High-volume, limited-variety products are frequently produced using a product-focused approach. Small batches of various unique products are manufactured at job shops, a type of manufacturing process.
Is a process focus typically exemplified by an assembly line?A common example of a repeated process is the assembly line. A crossover chart is the instrument that determines which procedure will result in the lowest cost at any given level of production.
To know more about repeated manufacturing visit :-
https://brainly.com/question/29337121
#SPJ4
the series of steps followed by is professionals when developing an information system is called called a .
The systems development life cycle (SDLC) is a series of steps that information systems professionals follow when developing an information system. It consists of several phases that provide a framework for creating and delivering the system.
Phases generally include planning, analysis, design, implementation, testing, and maintenance. Planning involves gathering requirements and setting goals. Analysis involves understanding the problem and finding a solution.
The design includes the creation of a system architecture and a data model. Implementation involves turning a design into a working system. Testing involves verifying that the system is working as expected. Maintenance involves making improvements and keeping the system up to date.
To know more about SDLC click here
https://brainly.com/question/25640595
#SPJ4
the core attributes embraced by a firm that most closely reflect its culture are known as its ________.
The core attributes embraced by a firm that most closely reflect its culture are known as its organizational values.
In the term of business and organization, Organizational values generally can be defined as a set of core beliefs held by an organization. Organizational values has a function as guiding principles that provide an organization with purpose and direction. That directions are needed to set the tone for its interactions with its customers, employees and other stakeholders. The organizational values also can be defined as a basic value that employees should understand, work towards and live by.
Here you can learn more about organizational value https://brainly.com/question/14313404
#SPJ4
k company estimates that overhead costs for the next year will be $3,525,000 for indirect labor and $940,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 94,000 direct labor hours are planned for this next year, how much overhead would be assigned to a product requiring 4 direct labor hours? multiple choice $47.50 $37.50 $190.00 $150.00 none of the choices
If 94,000 direct labor hours are planned for this next year, the overhead that will be assigned to a product requiring 4 direct labor hours is $190.00.
Overhead Cost AllocationOverhead cost allocation is the process of assigning indirect costs, such as indirect labor and factory utilities, to products or services produced. The purpose of overhead cost allocation is to determine the full cost of each product, including both direct and indirect costs. In this case, the company has estimated the overhead costs for the next year to be $3,525,000 for indirect labor and $940,000 for factory utilities, for a total of $4,465,000. The direct labor hours were planned to be 94,000 for the next year, and this would be used as the overhead allocation base. To allocate the overhead costs to a product, the overhead per direct labor hour was calculated by dividing the total overhead by the direct labor hours. This overhead per direct labor hour was then multiplied by the direct labor hours required for a particular product to find the overhead assigned to that product. In this case, the overhead assigned to a product requiring 4 direct labor hours was $190.00.
To know more about cost allocation, visit:https://brainly.com/question/15937115
#SPJ4