What is the original entry for a pay in slip?

If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:

serious [3.7K]

Answer:

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

Explanation:

If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:

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

<u>For example:</u>

Total estimated overhead= $150,000

Allocation base= direct labor hours

Estimated Total number of direct labor hours= 10,000

Predetermined manufacturing overhead rate= 150,000/10,000

Predetermined manufacturing overhead rate= $15 per direct labor hour

5 0

4 years ago

Which compound frequency will earn yo the most money

Karo-lina-s [1.5K]

Compounding Daily.

When interest compounds, the amount earned is added to the principal so you begin to earn interest on that as well. The more often it compounds the faster you will earn money and the more money you will earn.

5 0

3 years ago

Nuzum Corporation has two divisions: Division M and Division N. Data from the most recent month appear below: Total Company Divi

lisov135 [29]

Answer:

$ 183,544.30 = $ 183,544

Explanation:

Nuzum Corporation

Total Division M Division N

Sales $557,000 $254,000 $303,000

Variable expenses 144,910 81,280 63,630

Contribution margin 412,090 172,720 239,370

Traceable fixed expenses 273,000 128,000 145,000

Segment margin 139,090 44,720 94,370

Common fixed expenses 94,690 43,180 51,510

Net operating income $ 44,400 $ 1,540 $ 42,860

First we find the Segment CM ratio by the following formula:

Segment Contribution Margin Ratio= Segment Sales- Segment Variable Expenses/ Sales

Segment Contribution Margin Ratio= 303,000 -63630/303000

Segment Contribution Margin Ratio= 239370/303000=0.79

Then we find the break even sales in dollars.

Break Even Sales in Dollars= Traceable Fixed Expense/ Segment Contribution Margin Ratio

Break Even Sales in Dollars =145,000/0.79= $ 183,544.303

5 0

3 years ago

Distinguish between economic and accounting profit

Masja [62]

Answer:

The main difference between accounting and economic Profit is that accounting profit refers to monetary revenue minus monetary costs which includes any type of cost in the organization in the form of rents, salaries, material costs etc. Economic profit refers to the monetary revenue minus total cost.

Explanation:

8 0

2 years ago

Read 2 more answers

This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience:

Levart [38]

Answer:

B

Explanation:

Got it on edge 2020

3 0

3 years ago