Briefly describe Singapore’s new strategy for getting the economy back on track? Do you approve of this new strategy for getting

Answer: - $103,000

Explanation:

Cash from the savings account = $4,000,000

Interest earned = 5%

Loan amount = $60,000

Loan interest = 5%

Total sale price = $4,100,000

According to the information provided,

Scott allocated $4,000,000 from his savings that yields a 5% annual interest, while also taking out a $60,000 loan with a 5% annual interest rate.

Interest on the loan = 0.05 × $60,000 = $3,000

The business was sold for $4,100,000 after one year. Thus, the return on his investment is

$(4,100,000 - 4,000,000 - 3000) = $97,000

However, had Scott maintained his $4,000,000 in the savings account, he would have received

0.05 × 4,000,000 = $200,000 in interest.

Therefore, calculating the accounting profit gives:

$97,000 - $200,000 = - $103,000

Answer:

The factory overhead allocated for each unit of Blinks is b.$19.50

Explanation:

It’s essential to recognize that Ramapo Company applies a single plantwide overhead rate to allocate all overhead costs based on direct labor hours.

The plantwide overhead rate is determined by dividing the Total Overheads of the company by the Total Labor Hours.

Total Overheads:

Fabrication Department  $84,000

Assembly Department     $72,000

Total                                 $156,000

Total Labor Hours:

Fabrication Department                                             0

Assembly Department (1,000 × 4) + (2,000 × 2)     8,000

Total                                                                    8,000

Note:  only the Assembly Department has labor hours.

Plantwide overhead rate:

Plantwide overhead rate = Total Overheads / Total Labor Hours

                                           =  $156,000 / 8,000

                                           =  $ 19.50

The flexible approach helps to prevent delays in evaluating external constraints.

Some insights about accessing external constraints:

• They might be imposed on an organization.

• It allows for identifying elements that are outside one’s control.
• Examples include national holidays and sick days.

If we assess the external constraints, then we can avoid delays.

Thus, the other choices appear to be incorrect.

In conclusion, using a flexible strategy can help in preventing delays when it comes to assessing external constraints.

Learn more about external constraints here: