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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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Aaron has designed innovative accessories for hard-core bicycling enthusiasts.He knows where and how he will make them,and he ne
Elza [17]

Answer: Encouraging new bicycling enthusisasts

Explanation:

From the question, we are informed that Aaron has designed innovative accessories for hard-core bicycling enthusiasts and the he knows where and how he will make them,and he needs to turn his attention to the getting the products to the customers.

As he chooses retail partners, the least important in this process is encouraging new bicycling enthusiasts

5 0
1 year ago
A city has built a bridge over a river and it decides to charge a toll to everyone who crosses. For one year, the city charges a
lara [203]

Answer: in the inelastic portion of the demand curve

Explanation:

Remaining part of the question is:

.. in the inelastic portion of the demand curve, the elastic portion of the demand curve, or the unit elastic portion?

Elasticity measures how much quantity demand changes in response to a change in price.

An inelastic demand means that when prices change, demand does not change as much. You can therefore increase prices with a good that has inelastic demand and still expect close to the same demand.

If the city wants to raise as much revenue as possible from the tolls, they should increase prices on the inelastic portion. Because it is inelastic, the demand will remain close to the same which would increase revenue as the same number of people are paying higher.

8 0
2 years ago
Free contract is the _____.rivalry among sellers to attract customers while lowering costs concept that people may decide what a
creativ13 [48]
Almost positive the answer would be <span>concept that people may decide what agreements they want to enter into</span>
8 0
2 years ago
Read 2 more answers
Calgary Industries is preparing a budgeted income statement for 2018 and has accumulated the following information. Predicted sa
Irina-Kira [14]

Answer:

Net Income      186,900

Explanation:

sales                                   730,000

variable cost

40% of sales

40% of 730,000 =            (292,000)

Selling expense                 (81,000)

Administrative expense    (90,000)

Earnigns before taxes        267,000

income tax expense

30% of EBT

30% of 267,000  =               (80,100)

Net Income                         186,900

8 0
2 years ago
Wholesome Wheat Bakery buys $10.00 worth of flour from Mikes’ Mill and uses the flour to make bread. Wholesome Wheat sells the b
MakcuM [25]

Answer:

c. GDP increases by $22.00.

Explanation:

The GDP is the sum of all final goods and services produced in an economy within a given period.

GDP = Consumption spending + Investment + Government Spending + Net Export

Only final goods and services are included in the calculation of GDP.

The wheat purchased by Wholesome Wheat Bakery is an intermediate good whuch is still used in the production of bread. Therefore, it isn't included in the calculation of GDP.

Bread is a final good and it's included in the GDP. Therefore, GDP increases by $22.

I hope my answer helps you.

8 0
2 years ago
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