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omeli [17]
1 year ago
5

Edison Corporation's variable manufacturing overhead rate is $5.00 per direct labor-hour. Total budgeted fixed overhead is $25,0

00 per month. The $25,000 per month includes $7,000 in depreciation expense. Total budgeted direct labor-hours for the month of July is 20,000. Based on the month of July only, the predetermined overhead rate is $. Total budgeted manufacturing overhead for July is: ___.
Business
1 answer:
Mila [183]1 year ago
6 0

Answer:

Manufacturing overhead for July will be $55000

Explanation:

We have given budgeted labor hour in month of July = 20000

Variable overhead rate = $5

So variable manufacturing overhead = 20000×$5 = $100000

Fixed manufacturing overhead = $25000

Now total manufacturing overhead = $100000+$25000 = $125000

Depreciation expense = $7000

So manufacturing overhead for July = $125000 - $7000 = $55000  

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Nadine Chelesvig has patented her invention. She is offering a potential manufacturer two contracts for the exclusive right to m
Alchen [17]

Answer:

The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.

Explanation:

We have to compare the present-value of both plans to answer this question.

The Plan A has a present value of $30,000 as is an inmediate payment.

The Plan B has both an annual payment and a royalty, for a span of ten years.

The present value for Plan B is:

PV_b=\sum_{i=1}^{10}(1000+0.50q)/(1+i)^i

This can be simplified with a annuity factor for 10 years, with i=10%.

A_{10}=\frac{1-(1+i)^{-10}}{i}= \frac{1-1.1^{-10}}{0.10}\\\\A_{10}=\frac{1-0.386}{0.10}=\frac{0.614}{0.10}=6.14

Then, the PV can be calculated as:

PV_b=6.14(1,000+0.50q)\\\\PV_b=6,140+3.07q

To be indifferent, both present values have to be equal:

PV_b=PV_a\\\\6,140+3.07q=30,000\\\\q=(30,000-6,140)/3.07=23,860/3.07=7,772

The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.

6 0
1 year ago
Free trade agreements (FTAs) led most directly to which of the following outcomes?
svlad2 [7]
I think it's most likely to be A (better working conditions), free trade agreements exist when countries agrees to trade imports/exports with no barriers such as tariffs and quotas, e.g. ASEAN.



I hope to helped you!
6 0
2 years ago
Read 2 more answers
While reconciling your check register to your bank statement, you notice that your check register balance is $1250.00, while you
muminat

Answer:

You could have done a transaction that you didn't take into consideration in the check register.

this might be:

1. check

2. debit card withdrawal or POS transaction

3. Bank charges

4. fees for an order of checks

6 0
1 year ago
When Claire purchased her new cell phone, she was offered an opportunity to purchase a car charger and a cover together at a red
IgorLugansk [536]

Answer:

Price bundling strategy

Explanation:

Price bundling in business means combining several products or services into a single comprehensive package for an all-inclusive price that is reduced. Now Despite the fact that the items are sold for discounted prices, the benefit of price bundling is that it can increase profits because it promotes the purchase of more than one item. This is the strategy the cell phone provider used when Claire was purchasing her cell phone.

7 0
1 year ago
Read 2 more answers
If a company wanted to quickly identify which employees speak spanish, what would be the best way to do this?
lina2011 [118]
The best way to do this would be have a section in the application for the job in question that asks applicants to list all fluent languages. This way it is easy to tell when a person is able to speak a different language, like spanish, and when the potential employee is not bilingual.
Hope this helps you.
5 0
1 year ago
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