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
enot [183]
3 years ago
7

​Lakeside, Inc. estimated manufacturing overhead costs for the year at $ 372 comma 000​, based on 181 comma 000 estimated direct

labor hours. Actual direct labor hours for the year totaled 191 comma 000. The manufacturing overhead account contains debit entries totaling $ 391 comma 000. The Manufacturing Overhead for the year was​ ________. (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)
Business
1 answer:
algol133 years ago
5 0

Answer:

The applied manufacturing overhead will be $392,543

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

<u>Remember </u>that the rate is done by dividing the overhead cost over a cost driver. Direct labour hours is the cost driver for this task.

372,000/181,000 = 2.0552

cost \: driver \times rate = applied \: overhead

191,000 x 2.0552 = 392,543.2

You might be interested in
Sarah has been working full-time at Eve's Golf Inc. for three years. While at college, she worked as a part-time employee at Bur
Olin [163]

Answer:

The appropriate solution will be the "establishment" stage.

Explanation:

  • The establishment stage throughout professional advancement or career progress is the time where someone who starts to pursue jobs and receives one's first assignment.
  • Thus, during that point, the candidate goes through all the induction process, the acknowledgment of a position as well as the accommodation of the particular organization.

So that Sarah's profession has been at the level of the establishment.

3 0
3 years ago
E-businesses use the physical rather than the virtual value chain
Olenka [21]

Answer:

trueee

Explanation:

5 0
2 years ago
Kicks corporation sells running shoes and during janurary they ran production machines for 20000 total hours and incurred 9000 i
Dafna11 [192]

Answer:

$0.3 per machine hour

Explanation:

The computation of the variable maintenance cost per machine hour using the high low method is shown below:

Variable cost per machine hour = (High maintenance cost - low maintenance  cost) ÷ (High machine hours - low machine hours)

= ($9,000 - $7,200) ÷ (20,000 machine hours - 14,000 machine hours)

= $1,800 ÷ 6,000 machine hours

= $0.3 per machine hour

7 0
3 years ago
Which of the following is not a goal of federal economic policy? full employment growth a high savings rate Keynesian economics
Ivan

Answer:

high savings rate

Explanation:

High savings rate is not a goal of federal economic policy. The goal of federal economic policy is to achieve full employment, economic growth and stable prices.

However 'high savings rate' is achieved when interest rates are increased in order to fight inflation and achieve 'stable prices' because people keep their money in the banks to take advantage of the benefit of earning interest BUT this is not always the case because 'higher interest rates' works against full employment by making it too costly for firms to borrow for investments which will definitely create jobs.

5 0
3 years ago
In long-run equilibrium with trade, losses from import competition will force some firms to ______________, increasing demand fo
MrMuchimi

Answer:

The correct answer is option b.

Explanation:

In an open economy, domestic firms have to face competition from the foreign producers. If firms face losses in the long run, because of import competition, these firms will leave the industry.

As the number of domestic firms get reduced, the demand curve of the other firms will become flatter. This happens because of the foreign firms that bring in a large variety of goods in the domestic market.

7 0
3 years ago
Other questions:
  • During 2017, William purchases the following capital assets for use in his catering business:
    5·1 answer
  • Differentiation business strategies are often associated with premium prices. There are, however, reasons why a firm would NOT w
    11·1 answer
  • If production is occurring where marginal cost exceeds price, the purely competitive firm will __________.
    8·1 answer
  • ) in efficient market, prices appear to move randomly because
    6·1 answer
  • Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th
    6·1 answer
  • A generation ago, ketchup was an essential element of every American pantry and salsa was a relatively unknown product. The popu
    14·1 answer
  • What is a standard mark up
    6·2 answers
  • Which Finance Career Pathways involve money, assets, or liabilities? Check all that apply.
    11·2 answers
  • Marigold Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y
    15·1 answer
  • In capital budgeting analysis, the cash flows are estimated based on:a.forecasts of future cash revenues, expenses, and investme
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!