Solution :
a).
Estimated overhead 1,250,000
Divide by the estimated machine hours 50,000
Predetermined overhead rate 25
Actual machine hours 54,300
Multiply by predetermined overhead rate 25
The factory overhead amount applied $ 1,357,500
b).
Actual factory overhead 1,348,800
Less : factory overhead amount applied 1,357,500
The underapplied amount is $ 8700
Answer:
Answer for the question:
Assume an organization's current service level on order fill is as follows:
Current order fill 80%
Number of orders per year 5,000
Percent of unfilled orders back-ordered 70%
Percent of unfilled orders cancelled 30%
Back order costs per order $150
Lost pretax profit per cancelled order $12,500
a) What is the lost cash flow to the seller at this 80 percent service level?
b) What would be the resulting increase in cash flow if the seller improved order fill to 92 percent
c) If the seller invested $2 million to produce this increased service level, would the investment be justified financially?
d) What is the role of activity-based costing in customer relationship management? In customer segmentation?
is given in the attachment.
Explanation:
Answer:
D. a difference between daily bank and cash balance
Explanation:
Once receipts are made, they will be recorded in the organisation or company's cashbook thus increasing the cash balance. If the receipts are not deposited into the bank account, there will be a difference between the cash and bank balance. Pocketing receipts in this manner is an example of a fraudulent activity.
