Answer:
Instructions are listed below
Explanation:
Giving the following information:
At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $242,400 and 7,400 estimated direct labor-hours.
Actual manufacturing overhead for the year amounted to $243,800 and actual direct labor-hours were 5,500.
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead/ total amount of allocation base
Predetermined manufacturing overhead rate= 242000/7400= $32.70
Allocated overhead= overhead rate*actual hours= 32.7*5500= $179,850
Over/under allocation= actual overhead - allocated overhead= 243800 - 179850= 63950 underallocated
Answer:
AdCreate billed Anchor Motors $529,412 for the third quarter in 2010
Explanation:
The advertizing company usually takes a 15% commision
Which means from the total amount billed to customer 15% ar commision which means:
money paid to media + 15% comission of the billed amount= total amount billed
450,000 + 0.15X = X
Now, we try to solve for X and get the amount billed to anchor motors.
X = 450,000/.85 =<em> 529.411,76</em>
The type of unemployment that Althea is experiencing is
called the frictional unemployment. Usually this occurs if there is a mismatch
between the employer and the worker. In relation to Althea’s situation, there is
“mismatch” because she prefers to teach at one of the top 10 universities in
her field despite receiving many job offers. In simpler terms, Althea is
looking for a better opportunity on the top 10 universities.
The statement that describes the result is At that price, quantity demanded exceeds quantity supplied. This is because the quantity of the demanded product from the consumer has higher range than the amount of supply from the market. This can results into shortage
Answer:
Rocks are classified according to their mode of
formation or origin in three groups: Igneous,
Sedimentary and Metamorphic; and each group
contains in turn a wide variety of types of rock
which differ from each other by their composition and texture.