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Irina-Kira [14]
2 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]2 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]2 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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You want to have $1,000,000, 25 years from today. Assuming a 7% annual return (which will be compounded monthly), how much do yo
scoundrel [369]

Answer:

Monthly payments = $1,234.54

Explanation:

given data

Future value = $1,000,000

time = 25 year = 25 × 12 = 300 months

rate = 7 % annual = \frac{0.07}{12} = 0.5833%  monthly

to find out

Monthly payments

solution

we will apply here future value formula that is express as

Future value = Monthly payments × \frac{(1+rate)^{time} - 1}{rate}  ..........1

put here value we get

Future value = Monthly payments × \frac{(1+rate)^{time} - 1}{rate}

1,000,000 = Monthly payments × \frac{(1+0.005833)^{300} - 1}{0.005833}

solve it we get

Monthly payments = $1,234.54

8 0
3 years ago
Real GDP per capita in the U.S. grew from about​ $6,000 in the year 1900 to about​ $51,500 in​ 2016, an average growth rate of​
ollegr [7]

Answer:

36.84 years and 31.82 years

Explanation:

In this question ,we applied the rule no 70 which means we get to know the estimated number of years for doubling the real GDP

In the first case, the estimated number of years

= 70 ÷ average  annual growth rate

= 70 ÷ 1.9%

= 36.84 years

In the second case, the estimated number of years

= 70 ÷ average  annual growth rate

= 70 ÷ 2.2%

= 31.82 years

8 0
2 years ago
There are currently 69,000,000 U.S. Twitter users. Roughly 46% of Twitter are on the platform daily. How many Twitter users are
Sati [7]

Answer:

b. = 31,740,000

Explanation:

69,000,000 - 46% = 37260000

69,000,000 - 37260000 = 31,740,000

8 0
2 years ago
Service perishability means that ________.
vichka [17]

Answer:

C because Perishability is used in marketing to describe the way in which service cannot be stored for sale in the future

6 0
3 years ago
What is the present value of the following cash flows at a discount rate of 9 percent?
frutty [35]

Answer:

Year 1 PV = 91,743.12

Year 2 PV =126,251.99

Year 3 PV =  154,436.70  

Explanation:

<em>The present value of future sum is the amount that ought to be invested today at interest rate compounded annually to equal the sum at the end of a particular period.</em>

The present value of a future sum is given as follows:

PV = FV × PV (1+r)^(-n)

PV - present value

FV - Future value

r- interest rate

n- number of years

Year 1 PV = 100,000× 1.09^(-1) =91,743.12

Year 2 PV = 150,000× 1.09^(-2) =126,251.99

Year 3 PV = 200,000× 1.09^(-3) =  154,436.70  

4 0
3 years ago
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