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AysviL [449]
4 years ago
10

Brothern Corporation bases its predetermined overhead rate on the estimated machine- hours for the upcoming year. Data for the m

ost recently completed year appear below: Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead 39, 700 6.32 pe $1, 159, 637 37, 500 Actual machine-hours for the year The predetermined overhead rate for the recently completed year was closest to: Multiple Choice
$6.32 per machine-hour
$29.21 per machine-hour
$35.53 per machine-hour
$35.18 per machine-hour
Business
1 answer:
never [62]4 years ago
7 0

Answer:

$35.53 per machine-hour

Explanation:

Estimated machine-hours 39,700 hours

Estimated variable manufacturing overhead $6.32

Estimated total fixed manufacturing overhead $1,159,637

Actual machine-hours for the year 37,500 hours

Predetermined overhead = Estimated total fixed manufacturing overhead / Estimated machine-hours

Predetermined overhead = ($1,159,637 / 39,700 hours) + $6.32

Predetermined overhead = $29.21 + $6.32 = $35.53 per hour

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Trek Cycles makes two products: X-1 and X-2. It takes 80,900 direct labor hours to manufacture the X-1 and 93,500 direct labor h
Vera_Pavlovna [14]

Answer:

Predetermined manufacturing overhead rate= $2.15 per direct labor hour

Explanation:

Giving the following information:

It takes 80,900 direct labor hours to manufacture the X-1 and 93,500 direct labor hours to manufacture the X-2 Line.

Total overhead= 225,000 + 149,960=  $374,960

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

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

Predetermined manufacturing overhead rate= 374,960 / (80,900 + 93,500)

Predetermined manufacturing overhead rate= $2.15 per direct labor hour

6 0
3 years ago
Which of the following statements is(are) true? I. Many firm experience a life cycle characterized by non-constant growth. II. F
Genrish500 [490]

Answer: both I and II are TRUE

Explanation:

Many firm experience a life cycle characterized by non-constant growth. And For non-constant growth firms, stock price is not equal to the present value of all future dividend payments.

7 0
3 years ago
Read 2 more answers
Lester lent money to The Corner Store by purchasing bonds issued by the store. The rate of return that he and the other lenders
Alexxx [7]

Answer:

The correct answer is letter "E": cost of debt.

Explanation:

The cost of debt is the interest a company pays on its borrowings. It is expressed as a percentage rate. Also, the cost of debt can be calculated as a before-tax rate or an after-tax rate. Before interest is deductible for income taxes, the cost of debt is usually expressed as an after-tax rate.

7 0
3 years ago
An asset has an average return of 10.94 percent and a standard deviation of 20.98 percent. What range of returns should you expe
valkas [14]

If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.

<h3>Expected range of return </h3>

Expected range of return = 10.94 percent ± 2(20.98 percent)

Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]

Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent

Expected range of return = -31.02 percent to +52.9 percent

Inconclusion the range of returns is: -31.02 percent to +52.9 percent.

Learn more about expected range of return here:brainly.com/question/25821437

8 0
2 years ago
Xthe diffusion of digital technologies into nearly every workplace, remaking the economy and the world of work is referred to as
Effectus [21]

The diffusion of digital technologies into nearly every workplace, remaking the economy and the world of work is referred to as digitalization.

Digitalization refers to the use of digital technologies in order to change a business model and provide new revenue and value-producing opportunities. Digitalization may be viewed as a technology which affects the main economic aggregates in the economy.

In recent decades, the diffusion of digital technology into nearly every business and workplace has been remaking the economy and the world work more effectively.

Hence, the digitalization of everything has increased the potential of individuals, firms, and society to a great extent.

To learn more about technology here:

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5 0
2 years ago
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