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vredina [299]
4 years ago
7

MNO Corporation uses a job-order costing system with a pre-determined overhead rate based on direct labor-hours. The company bas

ed its pre-determined overhead rate for the current year on the following data: "The pre-determined overhead rate is closest to:_______.A. $8.80 per direct labor-hour.B. $2.00 per direct labor-hour.C. $3.40 per direct labor-hour.D. $5.40 per direct labor-hour.
Business
1 answer:
kow [346]4 years ago
4 0

Answer:

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

Explanation:

Giving the following information:

MNO Corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours.

<u>We don't have the data necessary to calculate the estimated manufacturing overhead rate, but we can provide the formula and an example</u>:

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

For example:

Estimated overhead= 150,000

Estimated direct labor hours= 12,000 hours

Estimated manufacturing overhead rate= 150,000/12,000= $12.5 per direct labor hour.

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Which buyclass framework occurs when a company chooses to shop around for suppliers​ with, perhaps, a better price​ structure? A
posledela

Option C

Modified rebuy framework occurs when a company chooses to shop around for suppliers​ with, perhaps, a better price​ structure

<h3><u>Explanation:</u></h3>

Modified Rebuy a purchasing circumstances in which an self or company acquires products that have been acquired earlier but varies unless the supplier or any another part of the former plan.  In this the customer requires to alter goods stipulations, terms, costs, suppliers.

In this instance the “in supplier” has to preserve his statement whereas the “out supplier” views it as a more generous proposal and earn some market. A modified rebuy is limited risky and utilizes more limited time. A new goods enlightenment from the pioneer version eternally generates a revised rebuy situation.

4 0
3 years ago
The Clemson Company reported the following results last year for the manufacture and sale of one of its products known as a Tam.
Nikitich [7]

Answer:

See below

Explanation:

With regards to the above information, there would be no sales if Tam were to be dropped. Also, there would be no cost associated with it other than $145,000 fixed manufacturing overhead.

Again, since the net loss operating loss was $55,000, the $145,000 would increase that loss by $90,000.

7 0
3 years ago
Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the mo
grandymaker [24]

Answer:

The predetermined overhead rate is 29.81 per machine hour

Explanation:

Fixed predetermine overhead rate = Estimated fixed manufacturing overhead / Estimated machine hour

Fixed predetermine overhead rate = $944,762 / 40,600

Fixed predetermine overhead rate = $23.27 per machine hour

Total predetermine overhead rate = Fixed predetermine overhead rate + Estimated variable manufacturing overhead

= $23.27 + $6.54

= 29.81 per machine hour

8 0
3 years ago
ken and sue are purchasing a home but are short on the down payment required by their lender. sue's mother offered to give them
aleksandrvk [35]

She is permitted, according to the applicable tax legislation, to donate $30 000.

This is further explained below.

<h3>How much can Sue's mother give under current tax laws?</h3>

In most cases, Sue's mother is able to pay Ken the first fifteen thousand dollars and then proceed to give Sue the remaining fifteen thousand dollars. Because Sue's mother gave this to her, there will be no tax placed on it because it is considered a gift.

The act or process of passing tax laws, as well as the body of laws that allow for the levying of taxes and the administration of taxes, are together referred to as tax legislation.

Any object or document that is verifiable and that is frequently accepted as payment for goods and services as well as the repayment of obligations, such as taxes, in a given nation or socio-economic setting is considered to be money in that nation.

In conclusion, Sue's mother and father could give Ken and Sue a gift of $15,000 each, bringing the total amount of money they give to each of them to a grand total of $60,000 each.

Read more about tax laws

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#SPJ1

5 0
2 years ago
Are we as humans affected by Positioning Theory?
snow_lady [41]
Yes we are indeed...
4 0
4 years ago
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