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Irina-Kira [14]
3 years ago
7

A job order cost system uses a predetermined factory overhead rate based on expected volume and expected fixed costs. At the end

of the year, under applied overhead might be explained by which of the following situations?
Business
2 answers:
WINSTONCH [101]3 years ago
7 0

Answer:

Actual Volume = if the total output is less than expected, the estimated overhead rate will be under applied. In the formula for calculating overhead rate, if the denominator reduces, the result will increase.

Actual Fixed Costs = if the total overhead costs are higher than expected, the estimated overhead rate will be under applied. In the formula for calculating overhead rate, if the numerator increases, the result will increase.

Explanation:

overhead rate = total estimated fixed costs ÷ total estimated output

                        = $ per unit of output

olya-2409 [2.1K]3 years ago
4 0

Answer:

Actual volume: Actual fixed Cost:

Less than normal; Greater than expected

Explanation:

Job order costing may be utilized for numerous different businesses, and each business retains records for one or more inventory accounts. The manufacturing industry keeps a trail of the costs of each inventory account as the product is shifted from raw materials inventory into work in process, through work in process, and into the finished goods inventory

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Answer:

d. $72.41 per setup

Explanation:

The computation of the activity rate for the machine setup activity pool is as follows;

The Activity rate for the Machine setups activity cost pool is

= Estimated overhead cost ÷ Total machine setup

= $50,687 ÷ 700

= $72.41 per setups

Hence, the activity rate for the machine setup activity pool is $72.41 per setup

Therefore the option d is correct

5 0
3 years ago
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Paha777 [63]

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7 0
2 years ago
DECA is a CTSO for
Rina8888 [55]

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Thus, the answer to the question is marketing students.

8 0
3 years ago
If the opportunity cost of manufacturing machinery is lower in the United States than in Britain and the opportunity cost of man
kogti [31]

Answer:

.a. import sweaters from Britain and export machinery to Britain.

Explanation:

A lower opportunity cost of manufacturing a particular goods means that a country uses fewer inputs in production compared to other nations.  The country can produce more quantities of the product using similar factors of production. A lower opportunity cost in manufacturing will make a country's output cheaper compared to when that product is manufactured in other nations.

Varying production costs form the basis of international trade. A County imports commodities that are produced cheaply elsewhere and exports the goods it can manufacture at a lower cost. The united states can produce machinery at a lower cost than Britain.  Britain will be prudent to import machinery from the united states rather than produce.  Britain produces sweaters using fewer inputs that the US. The US will find importing  sweaters from Britain more economical compared to manufacturing.  

3 0
3 years ago
A _________ is the distribution of cash to its owners. This is determined by the board of directors. Multiple choice question. w
Arisa [49]

Answer:

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8 0
3 years ago
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