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3 years ago

Predetermined overhead rates in traditional costing are often based on

Business

1 answer:

sp2606 [1]3 years ago

3 0

Answer:

a) direct labor cost for job order costing and machine hours for process costing.

Explanation:

As we know that the predetermined overhead rate is the rate which is to be computed by considering the total estimated manufacturing overhead cost and the estimated activity level i.e machine hours, etc

Under the traditional costing, in case of job order costing it ts based on direct labor cost while in the process costing it is based on machine hours

Hence, first option is correct

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Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $211,000, $270,600, and $315,

aniked [119]

Answer:

Results are below.

Explanation:

Giving the following information:

Credit sales:

January= $211,000

February= $270,600

March= $315,300

It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

Cash collection January:

Sales on credit from January= (211,000*0.75)= 158,250

Total cash collection= $158,250

Cash collection February:

Sales on credit from February= (270,600*0.75)= 202,950

Sales on credit from January= (211,000*0.25)= 52,750

Total cash collection= $255,700

Cash collection March:

Sales on credit from March= (315,300*0.75)= 236,475

Sales on credit from February= (270,600*0.25)= 67,650

Total cash collection= $304,125

8 0

3 years ago

Which do you think creates more of a challenge for marketers, multiculturalism or multigenerationalism? EXPLAIN

Harlamova29_29 [7]

Multiculturalism is when there are several different cultural or ethnic groups within society. These people differ on culture, race and ethnicities so their values and way of life are unique to their culture. Multigenerationalism is when there are several different age groups (generations) present within society. I think it is more of a challenge for marketers to market with many different cultures living within society because cultures usually have larger differences over generations. With generations, customs do change and there are differences but they are still of the same nationality and race so the social norms are much more similar. When there are larger differences it is hard to market and reach all of the potential consumers.

3 0

3 years ago

What are examples of financial obstacles to a career plan? Check all that apply. I was unable to save enough money to pay for co

Murrr4er [49]

Answer:

Explanation:

The following reasons are all examples of financial obstacles to a career plan...

I was unable to save enough money to pay for college.
The bank did not approve my loan application to fund my new company.
I applied for but did not receive a college scholarship.

All of these examples, make it difficult for the individual to pursue the career that they want due to a lack of finances. This includes both going to college to pursue learn and enter the job world that you want as a career as well as forming a company and entering the market that you want as a career as an entrepreneur.

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3 years ago

Read 2 more answers

What type of discount would Lennox offer its air conditioner dealers if they placed their orders and received delivery before Ap

gladu [14]

Seasonal allowance would be given

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3 years ago

Read 2 more answers

A. How much would you pay for a Treasury bill that matures in 182 days and pays $10,000 if you require a 1.8% discount rate?

Sonja [21]

Answer: $9909

Explanation:

Let the amount that will be paid be represented by y. The question can now be solved as:

(10000 - y)/10000 × 360/182 = 0.018

(10000-y)/10000 = 0.018 × 182/360

(10000 - y)/10000 = 0.0091

10000-y = 0.0091 × 10000

10000 - y = 91

y = 10000 - 91

y = $9909

4 0

3 years ago