Write down parts of the report

Litton Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the b

Minchanka [31]

Answer:

Overapplied overhead= $7,575

Explanation:

First, we need to calculate the predetermined overhead rate:

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

Predetermined manufacturing overhead rate= 1,250,000 / 40,000

Predetermined manufacturing overhead rate= $31.25 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 31.25*4,780

Allocated MOH= $149,375

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 141,800 - 149,375

Overapplied overhead= $7,575

6 0

3 years ago

A(n) _____ is something a person wants to get out of a job or that brings them job satisfaction.

Pie

Work value because it is part of a job

3 0

3 years ago

Read 2 more answers

From 1965 to 2013, women went from 9 percent to _____ percent of u.s. medical students. 52 30 47 12

LUCKY_DIMON [66]

The answer to this question would be: 47%

In 1965, there are just 9% of women that taking medical program but in 2013 the amount is nearly same as the man. The increase is more intense before 1990 which was 40%. It would be 31% increase from 1965. The percentage of the total applicant and the accepted applicant is nearly same, so the increase is mostly done because there are more women applicant in later years.

8 0

3 years ago

Harris corporation produces a single product. last year, harris manufactured 27,970 units and sold 22,200 units. production cost

Dovator [93]

The Contribution Margin per unit (CM) can be calculated from the difference of Selling Price per unit (SP) and Total Expenses per unit (TE).

First, let’s calculate the value of SP:

SP = Sales / Units sold

SP = $1,043,400 / 22,200 units sold

SP = $47

Second, calculate all expenses:

Direct materials per unit = $234,948 / 27,970 units manufactured = $8.4

Direct labor per unit = $131,459 / 27,970 units manufactured = $4.7

Variable manufacturing overhead per unit = $240,542 / 27,970 units manufactured = $8.6

Variable selling expenses per unit = $113,220 / 22,200 units sold = $5.1

TE = $26.8

Therefore the CM is:

CM = SP – TE

CM = $47 - $26.8

CM = $20.2 per unit

6 0

3 years ago

The first principle of economics discussed in Chapter 1 is that people face trade-offs. Use a production possibilities frontier

Romashka-Z-Leto [24]

Answer:

The new way to produce electricity will increase the industrial output the enviroment can support. Thus, the PPF will expand as the opportunity cost in clean enviroment decreases

However an enviroment is either clear or not clean, there isn't more "clean" so it will not expand on the X axis.

Explanation:

The enviroment will decrease at more industrial output.

As we cannot live in an eviroment at zero habiltability we will never shift to complete industrial output.

But, at more insdustrial output we produce, more will it effect the envorement.

5 0

3 years ago