answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slamgirl [31]
2 years ago
7

Adele's Attic assigns overhead to products based on direct labor hours. For the upcoming year the business plans to use a total

of 25,000 machine hours and 5,000 direct labor hours. Total overhead cost is expected to be $35,000. How much overhead would be assigned to a job that used 180 machine hours and 40 direct labor hours?
Business
1 answer:
a_sh-v [17]2 years ago
7 0

Answer:

$280

Explanation:

The computation of the overhead assigned is shown below:

But for that, first we have to compute the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= ($35,000) ÷ (5,000 direct labor hours)

= $7 per direct labor hour

Now the overhead assigned is

= 40 direct labor hours × $7 per direct labor hour

= $280

You might be interested in
Why is it important for the ALSA management team to understand the importance of social media in their work?
Bad White [126]

Answer: the ALSA management team must understand the importance of social media in their work because of globalization. People can work from one country to another country through social media. Through social media you can get answer to your problems at work quickly.

Explanation:

7 0
2 years ago
Read 2 more answers
Which of the following statements is CORRECT? a. The advantage of the basic earning power ratio (BEP) over the return on total a
leonid [27]

Answer: The advantage of the basic earning power ratio (BEP) over the return on total assets for judging a company's operating efficiency is that the BEP does not reflect the effects of debt and taxes

Explanation:

a. This is correct.

The advantage of basic earning power ratio over the return on the total assets for judging a firm's operating efficiency is that the basic earning power does not reflect effects of debt and taxes.

b. This is incorrect.

Only the price/earnings ratio of the company will tell us nothing about a company. When we compare the price/earnings of a company with the peers, we would know whether such company is under valued, or over valued or maybe fairly valued.

c. This is incorrect.

The total assets is made up of total liabilities plus the shareholders equity, when other things are held constant, less debt simply means less liabilities. To balance both sides, the total assets should reduce as the shareholder's equity is constant. When total assets decreases, the return on the assets will increase.

d. This is incorrect.

We can reach a conclusion on which firm is better managed based on the facts given. The debt ratio is the total liabilities divided by total assets, and a lower ratio is known to be good in comparison to a higher ratio. Similarly, the profit margin is the profit divided by the sales, and low profit margin shows high expenses and also a need for the management to decrease the expense.

3 0
2 years ago
Which of the following refers to how companies remain in business? sustainability corporate social responsibility carbon footpri
tester [92]

Answer:

Economic sustainability

Explanation:

3 0
2 years ago
A bank with a two-year horizon has issued a one-year certificate of deposit for $50 million at an interest rate of 2 percent. Wi
IRINA_888 [86]

Explanation:

The bank runs the danger that just before the second year, the short-term interest rate will increase, increasing its Lending value, but leaving untouched the interest income the bank gets from either the Treasury bill.  

Annual interest revenue of 0.04* $50 million= 2 million and annual interest costs for the bank (0.02)* $50 million= 1 million, between 2 per cent to 4 per cent for the Treasury note.

The bank makes a profit of $2 million – $1 million = $1 million. If the interest rate rises 1 percent, the bank’s profit falls to

((0.04)* $50 million) – ((0.03) * $50 million) = $500,000.  

7 0
2 years ago
Juanita Cash, the operations planner for the First State Savings and Loan, is planning the next quarter's level of deposits. She
yulyashka [42]

Answer:

For each one percent increase in the interest rate, amount of deposit increases by 11.145%

Explanation:

To obtain the amount rate at which deposit increase per percentage increase in interest rate ;

We obtain the slope Coefficient of the regression equation between the amoub of deposit and interest rate paid.

From the result of the analysis given ;

The slope Coefficient of X, interest rate % is 11.145

Hence, For each one percent increase in the interest rate, amount of deposit increases by 11.145%

4 0
2 years ago
Other questions:
  • Identify the types of goods or services that indigenous(informal) bookkeeping they provide to their customers?
    12·1 answer
  • An investigator conducting a study of a medical device under an ide is required to complete and sign
    8·1 answer
  • A company uses the FIFO method for inventory costing. At the start of the period the production department had 20,000 units in b
    5·1 answer
  • With respect to organizational changes, a health care organization that discovered weaknesses in the organization’s ability to c
    6·1 answer
  • Between which two years was the greatest percentage decrease in gdp per
    7·2 answers
  • Companies should conduct environmental analyses before beginning to do business internationally in order to evaluate potential f
    8·1 answer
  • The sales for​ January, February, and March are​ $150,000, $180,000 and​ $220,000, respectively. For any particular month of​ sa
    8·1 answer
  • Roberta is a real estate licensee representing the buyer. The buyer asks to see homes in a specific neighborhood. Roberta refuse
    14·1 answer
  • If a firm has a service that is valuable, rare, and costly-to-imitate, but a substitute exists for the service, the firm will
    15·1 answer
  • Cosmo has just made his dream come true of buying the property that his restaurant occupies. His excitement is short lived, howe
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!