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To invest in Social Overhead Capital is very important in any economy. Because it helps you in getting out from the Vicious Circle Of Poverty. A country should invest at least 30% - 40% of the GDP in Social Overhead Capital.
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∙ 14y ago
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What is capital overhead?
Capital spent on social infrastructure, such as schools, universities, hospitals, libraries.
What is combined overhead variance?
Combined overhead variance = fixed overhead variance + variable overhead varianceFixed Overhead :which remains fixed and donot change upto certain level of productionVariable Overhead: which keep changing with the change in production units.
How do you determine the overhead rate when applying overhead costs?
Using direct labor hours: Overhead rate = Total Overhead Expenses /Direct labor hours Using Machine hours: Overhead rate = Total Overhead Expenses /Machine hours
What the meaning of blanket overhead rate?
Blanket overhead rate is the computation of a single overhead rate for one whole factory. Overhead rate is the percentage you get when comparing total overhead expenses to total expenses.
Applied overhead vs actual overhead?
APPLIED Overhead is computed using the predetermined overhead rate and is the amount of costs applied (or estimated) to be allocated (needed) for specific jobs. ACTUAL Overhead is found after the manufacturing process is complete which gives the actual amount of used/consumed resources (or total costs) that it needed to complete the job. The two amounts can then be compared afterward which is known as Under- or Overapplied Manufacturing Overhead. When Manufacturing Overhead has a DEBIT balance, overhead is said to be UNDERAPPLIED, meaning that the overhead applied to work in process or to the certain job is LESS than the overhead incurred. On the contrary, when manufacturing overhead has a CREDIT balance, overhead is OVERAPPLIED, meaning that the overhead assigned to work in process or to the certain job is GREATER than the overhead incurred.
What is social overhead capital?
Capital spent on social infrastructure, such as schools, universities, hospitals, libraries.
What is capital overhead?
Capital spent on social infrastructure, such as schools, universities, hospitals, libraries.
What is the importance of capital budgeting?
the various types of working capital
When was Social Capital Entertainment created?
Social Capital Entertainment was created in 2004.
What is the importance of English Language in social life of Indian people?
Importance of English in social life
What is social importance?
Social importance is used to describe how important someone is in society and how their choices/decisions can affect it.
Role of English in Social capital?
describe the role of English language in the formulation of social capital?
What is social capital?
Social capital is the network of relationships among a group of people to their mutual benefit.
What is the importance of Banjul in Gambia?
It is the capital city
WHAT IS THE IMPORTANCE OF SOCIAL ORGANIZATIONS?
The importance of social organization is it is needed to help poor orphans and poor females to get job, shelter, and eucation.
How does the Social Human Capital works?
The Social Human Capital works from the collective and economic benefits of a given society.
What is the advantage of investing in social capital for a firm?
The biggest advantage of investing in social capital by a firm is the goodwill that the investment shows the community involved. Many companies invest social capital into the communities of which they are headquartered.
