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Sonbull [250]
2 years ago
7

The Work in Process Inventory account of a manufacturing company has a $11,625 debit balance. The company applies overhead using

direct labor cost. The cost sheet of the only job still in process shows direct material cost of $3,700 and direct labor cost of $2,500. Therefore, the company's predetermined overhead rate is:
Business
1 answer:
Monica [59]2 years ago
6 0

Answer:

The multiple choices are given below:

217%.

148%.

68%.

147%.

46%.

The correct option is 217%

Explanation:

Overhead applied can be  determined using the  below formula total cost formula:

The total cost of work-in-process inventory=direct material cost+direct labor cost+overhead applied

total cost of work-in-process is $11,625

direct material cost is $3,700

direct labor cost is $2,500

overhead applied is the unknown

$11,625=$3,700+$2,500+overhed applied

$11,625=$6200+overhead applied

overhead applied=$11,625-$6,200=$5,425.00  

predetermined overhead rate=overhead applied/labor cost=$5,425.00/$2,500.00=217%

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2 years ago
Orange Superstore is largely customer centric and economical in its methods. The store sells the best quality products at prices
balandron [24]

Answer:

The correct answer is letter "D": cost advantage strategy.

Explanation:

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1 year ago
A Super Happy Fun Ball is dropped from a height of 10 feet and rebounds 13/14 of the distance from which it fell. How many times
Phantasy [73]

Answer:

32

Explanation:

First bounce = 13 / 14 × 10 = 130 /14

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ar^n-1 < 1

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130 /14 × 13/14^(n-1) < 1

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take log of both side

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3 0
1 year ago
A population gathers plants and animals for survival. They need at least 360 units of​ energy, 300 units of​ protein, and 8 hide
stellarik [79]

Answer:

0 units of plants and 18 animals.

Explanation:

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How can the population obtain the additional 200 units of energy and 100 of protein they need to live? They have two options: gather plants or keep hunting animals, of course, respecting the available quantities.

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The attached image shows what happens when the quantity of animals is increased and that of plants is decreased until reaching the optimal combination of 18 animals and no units of plants.

4 0
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Ludmilka [50]
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5 0
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