Overhead rate is calculated by dividing the overhead cost by the direct cost over a similar period of measurement. In our case, the basis is per hour. The overhead cost is the rough estimate of the cost made through the proper reference to the historical data for old establishments and projections for the new ones. This can be expressed as,
overhead rate = (overhead cost / direct cost) x 100%
Substituting the known values,
overhead rate = ($75 / $50) x 100%
overhead rate = 150%
<em>ANSWER: overhead rate = 150% </em>
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.
Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
Answer:
The firm will realize $1,640,000 on the sale net of the cost of hedging.
Explanation:
Answer:
d, $24,500
Explanation:
Computation for the Operating income for Winston Corporation as a whole if the Blur Division were dropped
Operating income (loss) for Blink Division $56,000
Less Allocated common costs Blur Division (31,500)
Operating income for Winston Corporation $24,500
Therefore the Operating income for Winston Corporation as a whole if the Blur Division were dropped would be $24,500
Answer:
Depreciation expense for 2021 will be $14700
Explanation:
The straight line method charges a constant depreciation expense each period throughout the useful life of the asset. The depreciation expense per period under the straight line method is calculated as follows,
Depreciation expense = (Cost - Residual value) / Useful life of the asset
Depreciation expense = (81000 - 7500) / 5
Depreciation expense = $14700
