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yaroslaw [1]
3 years ago
5

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

pcoming year appear below: Estimated machine-hours 72,400 Estimated variable manufacturing overhead $ 3.00 per machine-hour Estimated total fixed manufacturing overhead $ 838,780 The predetermined overhead rate for the recently completed year was closest to:
Business
1 answer:
grin007 [14]3 years ago
8 0

Answer:

Overhead Rate 14.5856

Explanation:

Fixed Cost of the manufacturing overhead will be distribute over the cost driver.

\frac{CostOf Manufacturing Overhead}{Cost Driver}= $Overhead Rate

\frac{838780}{72400}= 11.5856

Then we will add the fixed with the variable to get the total overhead per machine-hour

11.5856 + 3 = 14.5658

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irina [24]

The area of law that he would need to be aware of with regard to the stock sales would be <u>"securities law."</u>


A security can be a: stock, which speaks to part responsibility for organization; bond, which resembles an "IOU" from an organization to an individual; or an alternative, which is the privilege to purchase something later on at a foreordained cost. Companies, governments, and people purchase and offer securities as a method for contributing and developing their cash.  

Choosing which sort of security to purchase and from which organization requires a decent arrangement of research and examination.

3 0
3 years ago
On January ​3, Halsall Corporation purchased 1,800 shares of the​ company's ​$1 par value common stock as treasury​ stock, payin
Salsk061 [2.6K]

Answer:

The journal entries alongwith its explanation are as under:

Explanation:

Journal entry at Jan 3, to record purchase of treasury stock would include the recording of treasury stock at the price paid to the shareholders for purchase of the stock, the journal entry is as under:

Dr Treasury Stock (1800 share*$8 per share) $14,400

Cr Cash                                                                      $14,400  

 

Journal entry at Jan 30, of selling treasury stock would include the elimination of the treasury stock at the amount purchased and the remainder will will be the Paid-In Capital, the journal entry is as under:

Dr Cash (1200*9)                 $10,800

Cr Treasury stock (1200*8) $9,600

Cr Paid in capital from sale of treasury stock $1,200

4 0
3 years ago
Suppose that Robin withdrawals $100 of cash from her checking account at Trendy Bank and uses it to buy a camera from Adam, who
kupik [55]

Answer:

The alternative including its query is presented throughout the explanation section below.

Explanation:

(a)

The strategic petroleum insufficiency should also be,

= 100-0.10\times 100

= 90

This means that the financial institution would have to start reducing its loan payments as well as currency exchange by $90.

(b)

Yes, you can significantly raise your loan deposit accounts secure manner. Early years setting throughout Serenity Bank would be increased, therefore the proportion of total reserves would indeed be $90.

The margin requirement of spending in the market hasn't started to change since the percent impact would be similar. Robin's account was whittled down by $100, as well as Adam's payment was continued to increase whilst also $100. So there's no modification throughout the monetary policy.

5 0
3 years ago
Personal Selling is :
Firlakuza [10]

Answer:

Option A. The two-way flow of communication between a buyer and seller, often in a face-to-face encounter, designed to influence a person’s or group’s purchase decision.  

Explanation:

The reason is that the personal selling is the face to face selling which means two way flow of communication is necessary. The seller will use his marketing exprience to influence the buyer which results in greater sales and customer satisfaction. So it is the face to face selling method which most of the companies opt and this way of selling is known as personal selling.

4 0
3 years ago
Can I Plss get some help on this thank you
krek1111 [17]

Answer:

the United state has a comparative advantage in producing coal

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2 years ago
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