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
Goryan [66]
3 years ago
6

In December 2014, Shire Computer’s management establishes the 2015 predetermined overhead rate based on direct labor cost. The i

nformation used in setting this rate includes estimates that the company will incur $747,500 of overhead costs and $575,000 of direct labor cost in year 2015. During March 2015, Shire began and completed Job No. 13-56. 1. What is the predetermined overhead rate for year 2015?
Business
1 answer:
belka [17]3 years ago
7 0

Answer:

Estimated manufacturing overhead rate= $1.3 per direct labor dollar.

Explanation:

Giving the following information:

Estimated overhead cost= $747,500

Estimated direct labor cost= $575,000

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 747,500/575,000= $1.3 per direct labor dollar.

You might be interested in
What is meant by "tax allocation within a period"? What is the justification for such practices?
Dima020 [189]

Answer:

Tax allocation within a period is the practice of allocating the income tax for a period to such items as income before extraordinary items, extraordinary items and period adjustments.

Explanation:

The justification for tax allocation within a period is to produce financial statements which disclose an appropriate relationship of the different taxable income.

6 0
3 years ago
How would u approach a fellow co-worker consistently does not perform hand-hygiene when it is indicated or appropriate.
tiny-mole [99]
I would walk up to him/her and say "Hey, have you ever heard of hand washing? Obviously not because I see that you consistently do not perform hand-hygiene <span>when it is indicated or appropriate. You might want to rethink your priorities."</span>
3 0
3 years ago
On January 22, Muir Corporation issued for cash 20,000 shares of no-par common stock at $30. On February 14, Muir issued at par
Juli2301 [7.4K]

Answer:

Jan 22

Dr Cash 600,000

Cr Common stock 600,000

Feb 14

Dr Cash 150,000

Cr Preferred stock 150,000

Aug 30

Dr Cash 1,350,000

Cr Preferred stock 1,250,000

Cr Paid in capital excess of par preferred stock 100,000

Explanation:

Muir Corporation Journal entries

Date Accounts Debit Credit

Jan 22

Dr Cash (20,000*30) 600,000

Cr Common stock 600,000

Feb 14

Dr Cash (3000*50) 150,000

Cr Preferred stock 150,000

Aug 30

Dr Cash (25,000*54) 1,350,000

Cr Preferred stock (25,000*50) 1,250,000

Cr Paid in capital excess of par preferred stock 100,000

8 0
3 years ago
4-1) Consider any organization you are aware of from work, study, or the media. How do they manage people? Do people in those or
kherson [118]

There are different organizations with different ways of management of resources and personnel. The answers to the questions is below;

In the organization that I had worked for, I can say they have a good management. They are very direct in their management, they make you understand your duties and they make sure all follow the process outline. There are often consequences if one fails to perform his or her duties but their management was great and it lead to the growth of the organization.

People in those organizations feel important because the organization value them, value their input and personal wellbeing as well as their growth.

I worked in the accounting/ sales management unit for some months and I can say it was a good experience for me as I got to known more about using good software that makes it easy to work. I did a get job from the onset of my work. The Managing director was happy and had to increase my salary in the first month.

I can say my experience was more of educative as I learnt a whole lot of things. The Experience of the others was a little different from mine but they both believe that they did grow intellectually and morally.

Learn more about organization management from

brainly.com/question/25703249

5 0
2 years ago
The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w
nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures =  15 years

redeem =  $1,000

solution

we apply here formula that is

amount = principal × (1+r)^{t}    ................1

here put value and we get

1000 = 715  × (1+r)^{15}

(1+r)^{15} = \frac{1000}{715}

solve it we get

r = 0.022617

so rate is 2.25 %

7 0
2 years ago
Other questions:
  • Jordan loaned taylor $1,200 on march 15, 2009. taylor returned $1,260 on march 14, 2010. inflation was 2% over the 1-year period
    11·1 answer
  • Paul, an engineer in a corrugated box manufacturing company, sets himself a goal of completing the design for a new display box
    8·1 answer
  • Partners in a business enter into a buy-sell agreement to purchase life insurance, which states that should one of them die prem
    13·1 answer
  • A firm has borrowed $5,000,000 for 3 years at 10% interest, compounded annually. It makes no payments until the loan is due, and
    12·1 answer
  • Gonzalez Company has 350,000 shares of $10 par value common stock outstanding. During the year, Gonzalez declared a 10% stock di
    12·1 answer
  • Daffodil Incorporated manufactures two types of vases, small and large. The following per unit data are available: Small Vase La
    10·1 answer
  • What happens if a monopolist increases the price of a good?
    15·1 answer
  • ______________is the exercise of individual judgement, instead of formal rules, in making decisions.
    15·1 answer
  • Fast Feet is a new specialty running shoe store in Lumberton, NC. Fast Feet started off with a very good first year, as it made
    13·1 answer
  • the involvement of accounting professionals and management in accounting scandals resulted in congress passing the sarbanes-oxle
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!