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
Nutka1998 [239]
3 years ago
9

Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours to allocate manufacturing ove

rhead to jobs. Selected data about the company's operations follows:Actual manufacturing overhead cost $500,000Estimated manufacturing overhead cost $550,000Estimated direct labor cost $175,000Estimated direct labor hours 50,000Actual direct labor hours 60,000Estimated machine hours 40,000Actual machine hours 35,000By how much was manufacturing overhead overallocated or underallocated for the year?A) $50,000 underallocatedB) $160,000 overallocatedC) $100,000 underallocatedD) $50,000 overallocated
Business
1 answer:
Lelu [443]3 years ago
6 0

Answer:

B) $160,000 overallocated

Explanation:

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

we calcualte the predetermined manufacturing overhead rate by distribution the expected overhead cost over the cost Driver.

<em>"Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours"</em>

In this case, it is the labor hours

550,000 / 50,000 = 11

Then we multiply this rate by the actual output of the driver:

11 x actual direct labor

11 x 60,000 = 660,000

New, we calcualte the application of overhead

660,000 - 500,000 = 160,000

It was overapplied by 160,000 as the actual cost were lower than expected.

You might be interested in
Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo
grigory [225]

Answer:

The correct options are as follows

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The quantity of Humbugs demanded will not change.

Explanation:

As the question is not complete, the complete question is found online and is attached herewith.

The options given are as follows

Sellers will pay all of the tax.

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The price of Humbugs will rise by less than $10.

The quantity of Humbugs demanded will not change.

Now option 1 is not correct as the buyer has to pay the tax not the seller.

option 2 is correct

option 3 is correct

option 4 is not correct as the initial price is $50 and the new price is to be more than $60 thus the rise is more than $10.

option 5 is correct as the demand of the hamburger will remain the same.

5 0
3 years ago
Jamie, a salesperson, is discussing her goals with her coworker. She mentions that she has set an account goal of $30,000. In or
lora16 [44]

Jamie should first set a Sales Call goal.

Jamie, a salesperson, is discussing her goals with her coworker. She mentions that she has set an account goal of $30,000. In order to achieve her account goal, Jamie should first set a <u>Sales call goal</u>.

The purpose of sales call objectives is to set a foundation and create a roadmap to the promised land. In other words, the objective of Sales call is to set an objective and make a plan to obtain the same. As in Jamie's case, her account goal is of $30,000, In order to obtain this account goal she need to first set a Sales call in which she will need to build an initial level of trust with her target audience/ prospect.

While setting the Sales call, few things should be kept in mind as basic rules like building a good relationship with the customers so that they come back to the same salesperson, ask for their feedbacks, this will also help in enabling trust between the two parties etc.

To learn more about Sales call here

brainly.com/question/27907652

#SPJ4

8 0
11 months ago
After reading the new account insert in his monthly​ statement, Tony Mercadante determined that the FDIC considers a joint accou
yarga [219]

Answer: Please refer to Explanation

Explanation:

According to the Federal Deposit Insurance Corporation, the limit to the amount a person can be insured for is, $250,000 per depositor, per insured bank.

That means that Tony's account at a balance of $120,712 is covered completely as it is well below $250,000.

Their Joint account is also completely covered at $60,099.

Cynthia however does not have complete coverage as her bank account exceeds to the coverage limit by $3,629 which will not be covered.

Should be noted that should she transfer this excess to the joint account then she should be fully covered.

5 0
3 years ago
Pina Colada Corp. has the following transactions during August of the current year.
const2013 [10]

Answer and Explanation:

The indication of the basic analysis and the debit credit analysis is as follows;

Date                   Basic Analysis                    Debit - Credit Analysis

Aug. 1       The asset Cash is increased;     Debits increase assets;

              the stockholders' equity account   Debit Cash

                Common stock is increased.         $10,880

                                                      Credits increase stockholders' equity

                                                                      Credit Common stock

                                                                             $10,880

Aug. 4            The asset Prepaid Insurance        Debits increase assets;

                           is increased;                              Debit Prepaid Insurance

              the asset Cash is decreased.               $ 1,500

                                                                              Credits decrease assets;

                                                                             Credit Cash

                                                                              $ 1,500

Aug. 16        The asset Cash is increased;        Debits increase assets;

           the revenue Service revenue               Debit Cash

             is increased.                                         $880

                                                                          Credits increase revenues:

                                                                          Credit Service revenue

                                                                          $880

Aug. 27      The expense Salaries expense    Debits increase expenses:

                  is increased;                                Debit Salaries expense

                 the asset Cash is decreased.       $680.

                                                                       Credits decrease assets:

                                                                      Credit Cash

                                                                         $680

3 0
3 years ago
PLs sum body help me with getting my man bck
OLga [1]

Answer:

You have to show him you really want him back. If you really like him, you have to fight for him. (not literally. that'll put you in Subject: Psycho at the Insane Asylum) You have to show him you care and that whatever happened to make him want to leave you shouldn't keep you two apart. And if you do take my advice, show him that you wanted him back so bad you resorted to Brainly. And make sure to tell him to say thank you to me for giving him the love of his life back cause im sure you're a good one since you care so much! GO GET HIM, TIGER  

8 0
3 years ago
Other questions:
  • The College Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution wi
    11·1 answer
  • Absorption and variable costing. (CMA) Miami, Inc., planned and actually manufactured 250,000 units of its single product in 201
    11·1 answer
  • If the british pound (₤) appreciates by 10% against the dollar:
    14·1 answer
  • A perfectly competitive firm facing a price of $10 decides to produce 100 widgets. If its marginal cost of producing the last wi
    7·1 answer
  • An operation that closes due to an imminent health hazard can reopen only after getting approval from what agency?
    14·1 answer
  • hich of these is the definition of client business risk? a. Risks affecting the business operations and potential outcomes of an
    12·1 answer
  • The Balanced Scorecard is a useful tool for helping managers translate their strategy into action in the following areas:
    12·1 answer
  • Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,410 units
    13·1 answer
  • The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemb
    12·1 answer
  • Differentiate between external economics of scale and internal economics of scale of production.​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!