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lana66690 [7]
4 years ago
13

For​ 2018, Franklin Manufacturing uses machineminus−hours as the only overhead costminus−allocation base. The estimated manufact

uring overhead costs are $300,000 and estimated machine hours are 40,000. The actual manufacturing overhead costs are $520,000 and actual machine hours are 50,000. Using job​ costing, the 2018 budgeted manufacturing overhead rate is​ ________. (Round the final answer to the nearest​ cent.)
Business
1 answer:
Kobotan [32]4 years ago
7 0

Answer:

$7.5 per machine hour

Explanation:

The computation of the budgeted manufacturing overhead rate is shown below:

The budgeted manufacturing overhead rate = Estimated manufacturing overhead costs ÷ Estimated machine hours

= $300,000 ÷ 40,000 machine hours

= $7.5 per machine hour

In order to compute the budgeted manufacturing overhead rate we simply divided the estimated manufacturing overhead costs by the estimated machine hours.

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You borrow $10,000 today at a nominal rate of 5%; inflation for the past 10 years has been exactly 2%. Today, inflation instantl
Tamiku [17]

Here is the answer choice to the question

a. the real rate of interest on your loan is 14%.

b. the real rate of interest on your loan was previously 10% and is now 35%.

c. the real rate of interest on your loan is now –2%.

d. you will pay the lender back exactly $9,500.

e. you will pay the lender back exactly $10,700

Answer:

C. the real interest rate on your loan is now -2%

Explanation:

The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate

Inflation rate = 7%

Nominal interest rate= 5%

= 5 percent - 7 percent

= -2%

The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.

6 0
3 years ago
Anna loves adidas apparel for its style and comfort. she is in need of running pants and purchases a pair with the adidas logo.
dybincka [34]
<span>This is a decision is a limited decision because it's something that's not routinely bought but also not extensive (as in very high priced that you would consult several people about). Anna might do a bit of research about the brands of running pants and realize Adidas is the brand for her.</span>
6 0
3 years ago
​Quince, Inc. uses a process costing system. It prepares a production cost report for each processing department.
Mandarinka [93]

Answer:

It will be used to determine the balance of inventory accounts

Explanation:

A production cost detail shows in detail the total cost of producing a product. It includes raw materials as well as operating costs. Product costs would be recorded as a current asset on the balance sheet until the goods have been sold. As an asset, it can either be:

  1. raw materials inventory,
  2. work-in-progress inventory,
  3. finished goods inventory, which would be dependent on how far towards completion the product is.
7 0
3 years ago
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio
baherus [9]

Answer:

                               Job 765        Job 766

Direct material         $5,670          $8,900

Direct labor              $3,500          $4,775

Overhead                 $5,400          $8,800

                                (27*200)        (44*200)

Total Job cost          $14,570        $22,475

b) Cost per unit  = Total job cost/unit produced

Job 765 = $14,570/152 units

Job 765 = 95.86

Job 766 = $22,475/250 units

Job 766 = 89.90

8 0
4 years ago
NikeShoes produces a running shoe that it sells in the United States. The shoe has a check mark on the side, uses inferior mater
Free_Kalibri [48]

The product value and reputation of Nike, Inc. are being compromised by Nike Shoes.

<h3>What is the Federal Trademark Dilution Act of 1995?</h3>

The Federal Trademark Dilution Act of 1995 amends the Trademark Act of 1946 to give the owner of a well-known mark the right to an injunction and compensation for another person's commercial use of a mark or trade name if that use starts after the mark has achieved notoriety and lessens the mark's distinctiveness.

It defines the criteria the court will use to decide whether a mark is distinctive. It restricts owners of such marks to injunctive remedies unless the person for whom the injunction is requested acted with malicious intent to exploit the owner's reputation or tarnish the mark. It offers further remedies if such intent is shown to have existed.

A person's possession of a valid registration under a specific Act or on the major register renders them completely immune from legal action taken under common or state law to protect the distinctiveness of a mark, label, or form of advertisement against them with regard to that registration.

Learn more about Federal Trademark Dilution Act of 1995 here:

brainly.com/question/15093618

#SPJ4

8 0
2 years ago
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