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kodGreya [7K]
2 years ago
10

Precision Corporation used a predetermined overhead rate last year of $3 per direct labor-hour, based on an estimate of 24,000 d

irect labor-hours to be worked during the year. Actual costs and activity during the year were: Actual manufacturing overhead cost incurred $84,000 Actual direct labor-hours worked 27,000 The overapplied or underapplied manufacturing overhead for the year was:
Business
1 answer:
miskamm [114]2 years ago
3 0

Answer:

$12,000 Overhead Underapplied

Explanation:

Calculation to determine what The overapplied or underapplied manufacturing overhead for the year was:

Total pre-determined manufacturing overhead $72,000

($3*24,000)

Less Actual manufacturing overhead cost incurred ($84,000)

Overhead Underapplied $12,000

Therefore The overapplied or underapplied manufacturing overhead for the year was:$12,000 Overhead Underapplied

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Theo currently owns 700 shares of JKL, which is an all-equity firm with 320,000 shares of stock outstanding at a market price of
valentina_108 [34]

Answer:

correct option is c. 43.75

Explanation:

given data

share own = 700

stock outstanding = 320000

market price = $25

interest and taxes =  $160,000

debt = $500,000

interest = 7%

loan = 7.5 percent interest

to find out

How many shares of JKL stock must Theo sell to unlever

solution

first we get here no of share that repurchased is express  as

no of share =  \frac{debt}{market\ price}     ..............1

no of share =  \frac{500000}{25}

no of share = 20,000 shares

sell = share own × ( no of share ÷ stock outstanding  )    .................2

sell = 700 × \frac{20000}{320000}

sell = 43.75 shares

so correct option is c. 43.75

6 0
2 years ago
In terms of the Job Characteristics Model, feedback refers to the extent to which _____.
Bond [772]

Answer:

(E). A person receives clear information about performance effectiveness from the work itself.

Explanation:

According to the Job characteristics model, an employee gets motivation from the job itself, and there are five characteristics that improve an employee's performance on the job. One of these characteristics is "feedback".

The model defines feedback as the <u>extent to which an employee receives information about how effective his or her job performance has been.</u>

8 0
2 years ago
The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______
Alex_Xolod [135]

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

7 0
2 years ago
The table below describes the total and marginal benefit elvis gets from fried peanut butter and banana sandwiches. elvis' fried
ycow [4]
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.

Looking at the chart, we see that this gives us 81-75 = 6. 

Therefore, the Marginal Benefit of a fourth sandwich is 6. 

6 0
2 years ago
Which of the following scenarios is an example of using potentially copyrighted material?
trasher [3.6K]

Letter C example, Fred uses a voice recording of Sally for his next musical.  Copyrighted material is not just something that someone makes a trend out of it, or making it popular.  Copyrighted material are materials which are originally created especially for a certain purpose.

6 0
2 years ago
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