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Deffense [45]
2 years ago
5

Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the curren

t period, direct labor cost is $50,000 and direct materials cost is $80,000. How much overhead cost should Lowden Company should apply in the current period?
Business
1 answer:
sleet_krkn [62]2 years ago
3 0

Based on the direct materials cost and the predetermined overhead rate, Lowden company should apply an oevrhead cost of $128,000.

<h3>How much overhead should be applied?</h3>

This can be found as:

= Direct materials x Predetermined overhead rate

Solving gives:

= 80,000 x 160%

= $128,000

In conclusion, the overhead cost to be applied is $128,000.

Find out more on predetermined overhead rates at brainly.com/question/26372929.

#SPJ1

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Answer: (D) Conceptual skill

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The conceptual skills helps people or the employees of the company for understating the complex situation and also helps in developing the various types of solutions.

According to the given question, the conceptual skills is one of the management skills that has ability to think the various types of abstract concepts.

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Answer:

4. role playing on attitude change

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3 years ago
Read 2 more answers
Does the temporal difference learning of optimal utility values (U) require knowledge of the transition probability tables
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Answer:

No

Explanation:

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2 years ago
The following incorrect income statement was prepared by the accountant of the Axel Corporation:
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Answer:

Sales revenue         $  710,000

Cost of goods sold $ 385,000

Gross Profit             $ 325,000

Selling expense              71,000

Administrative expense 91,000

Operating Income        163,000

Non-Operating Income

Interest revenue                   44,000

Gain on sale of investments 91,000

Interest expense                  (28,000)

Restructuring costs              (67,000)

Income before taxes           203,000

Income tax expense              (50,750)

Net Income                            152,250

Shares outstanding 100,000

Earnings per share $1.52

Explanation:

We need to determinate gross profit.

then, the operating income therefore the interest and restructuring cost are not considered.  Same goes for the gain on investment as aren't part of the business normal activities.

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