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Otrada [13]
2 years ago
15

Arabica Manufacturing uses a predetermined overhead allocation rate based on the number of machine-hours. At the beginning of th

e year, it estimated total manufacturing overhead costs to be $1,010,000, total number of direct labor hours to be 5000, and total number of machine-hours to be 25,000 hours. What was the predetermined overhead allocation rate? (Round your answer to the nearest cent.)
Business
1 answer:
Tasya [4]2 years ago
8 0

Answer:

The predetermined overhead rate allocation rate is $40.4 per machine hour.

Explanation:

The predetermined overhead  allocation rate is calculated as total manufacturing/total machine hours

Predetermined overhead allocation rate=$1010000/25000

Predetermined overhead rate =$40.4 per machine hour

Invariably,this is the overhead allocation rate that would be used in calculating overhead on each unit of output depending on the number of machine hours that each unit of output observed .

For instance, let us assume each of output takes 5 machine hours ,hence the overhead per unit of product will be $40.4*5 $202.

Also if one unit only consumes 0.5 machine hour,each unit of output would cost $20.2($40.4*0.5) in overhead

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Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The m
bogdanovich [222]

Answer:

i think the answer218

Explanation:

if you  add 176.000+35.000=211+7=218 you get the right answer

3 0
2 years ago
Management in Life Annabelle and Bettina share a dorm room. They like each other, but they disagree about how often to clean. Ev
Ganezh [65]

Answer:

A). Annabelle and Bettina will learn from each other .

B). The roommates will come up with a creative solution."

Explanation:

Anabelle and Bettina are involved in a 'cognitive' conflict as it occurs when they both experience a mental as well as emotional discomfort when they are confronted with the information that challenges their existing ideas or beliefs. The most likely outcomes of this situation would be that they <u>'both would learn from each other' by accepting each other's point of view and adapting with the new information that would help them 'reach a creative solution' to resolve their conflict over the cleaning of their room</u>. Therefore, <u>options A and B</u> are the correct answers.

8 0
2 years ago
Horten Sporting Goods Corporation makes two types of racquets, tennis and badminton. The company uses the same facility to make
shusha [124]

Answer:

Tennis racquet cost is $76.71   per unit

Badminton racquet cost is $73.67    per unit

Price of badminton racquet  at 30% mark-up is  $95.77  

Explanation:

I calculated the cost of each racquet  as well as their prices in the attached excel file.

I started I added all prime costs(direct materials plus direct labor costs) to overhead costs.

After  having arrived at total manufacturing costs, I divided them by volume of each product to arrive at cost per unit.

I then marked up the cost by 30% to determine market price per unit.

Download xlsx
5 0
2 years ago
If an investor purchases $1,000 face amount of an 8% corporate bond at 93. The bond is scheduled to mature in 2028. What will ha
sdas [7]

Answer:

The amount to be paid is $100,440

Explanation:

When the bond matures, it is the due date on which the bond issuer need to pay off the bond on that particular date.

In this case, the bond matures in 2028, so

Interest amount = Face value of bond × Price × Interest

= $1,000 × 93 × 8%

= $7,440

The amount to be paid on maturity will be:

= $7,440 + $93,000

= $100,440

7 0
2 years ago
You have just received a windfall from an investment you made in a​ friend's business. She will be paying you $ 39 comma 769 at
Sergio [31]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

She will be paying you $39,769 at the end of this​ year, $79,538 at the end of next​ year, and $119,307 at the end of the year after that​.

The interest rate is 11.7 % per year.

A) We need to use the following formula:

NPV= Cf/[(1+i)^n]

NPV= 39769/1.117^1 + 79538/1.117^2 + 119307/1.117^3

NPV= 184,958.1

B) We need to use the following formula:

FV= PV*(1+i)^n

FV= 287,929.41

8 0
2 years ago
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