1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lara [203]
3 years ago
6

Bernson Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $49

2,000 and 30,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $517,000 and 28,300 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
(A) $25,000
(B) $487,703
(C) $464,120
(D) $492,000
Business
1 answer:
loris [4]3 years ago
8 0

Answer:

(C) $464,120

Explanation:

The computation is shown below:

First, Calculate the predetermined overhead rate per hour which equals to

=  (Estimated Overhead cost ÷ estimated machine hours)  

= ($492,000 ÷ 30,000 hours)

= $16.4 per hour

So, the applied overhead equals to

=  Predetermined overhead rate per hour × actual machine hours

= $16.4 per hour × 28,300 hours

= $464,120

You might be interested in
Sacha, a dentist, has significant investment assets. She holds corporate bonds, municipal bonds, stocks and mutual funds. Sacha
erik [133]

Answer:

C) Part of the $1,500 fee will be disallowed due to the holding of the municipal bonds

Explanation:

the investment-related expenses are deductible as the miscellaneous itemized deductions. in the case the tax-exemp securities are help, the proportionate investment-related expenses are allocated to these securities and the are not allowed since the income is tax-exempt.

4 0
3 years ago
Livingston Fabrication has created the following aggregate plan for the next 5 months (see PDF): Assume that Livingston will hav
Andreyy89

Answer:

Explanation:

worker's production rate = 60/3 = 20units per hour

monthly capacity 160 x 20 = 3200 units.

capacity needed to produce 2000000 units

= 2000000/3200

= 625

therefore, since they already have 500 workers, they need to hire 125 more workers.

b) At the end of October they will have 2 million inventory.

c) Average inventory in each of the months has been listed in the attachment below.

3 0
3 years ago
In the loanable funds model, an increase in an investment tax credit would create a a. shortage at the former equilibrium intere
Drupady [299]

Answer:

a. shortage at the former equilibrium interest rate. This shortage would lead to a rise in the interest rate.

Explanation:

The equilibrium in the market for loanable funds is achieved when the quantities of loans that borrowers want are the same as the quantity of savings that savers provide. The interest rate adjusts to make these equal.

6 0
3 years ago
The compelling government interest test is used by the courts to determine whether a law regulating the content of speech will b
Tamiku [17]

Answer:

The statement is: True.

Explanation:

Compelling-state-interest-test balances the government's interest against an individual's right to be free of law. The test is part of the strict scrutiny analysis and is used as a precedent for future similar cases when the government legitimate interest is at risk.

6 0
3 years ago
The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $125 per share for months, and you believ
Fiesta28 [93]

Answer:

he price of a 6-month call option on C.A.L.L. stock is 15.27

Explanation:

The price of a 6-month call option on C.A.L.L. stock at an exercise price of $125 is computed as;

C+Xe^{rt}  = P + S

Where as,

C = Value of call,

X = strike price,

P = value of put ,

S = Stock price

Thus,

C + 125e^{-5} = 10.27 + 125

C + 120 = 135.27

C = 15.27

7 0
3 years ago
Other questions:
  • Alberto is the senior manager at a clothing producer, and he decides to push a new product particularly hard, understanding that
    5·1 answer
  • At the start of football season, the ticket office gets very busy the day before the first game. Customers arrive at the rate of
    8·1 answer
  • Elaborate prefect competition
    15·1 answer
  • When Patrick was talking with his customer about the new accounting system, his customer mentioned that she thought the new syst
    6·1 answer
  • After identifying various market segments that her company could pursue, Linda evaluated each segment's attractiveness based on
    14·1 answer
  • Comfort Corners Home Furnishings uses labor and machinery to transform wood, plastic, metal, and cloth into comfortable chairs,
    10·2 answers
  • Many government? programs, such as unemployment? compensation, operate on a deficit during recessions and a surplus during perio
    6·1 answer
  • If a foreign country's consumers tend to only purchase products that are produced locally, the least effective strategy for a U.
    7·1 answer
  • On the basis of the research it has gathered on consumer perceptions, the tests it has conducted, and competitive considerations
    6·1 answer
  • A fabric company can produce 11,000 yards of fabric per year currently. The company's goal is to increase the amount of fabric i
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!