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astra-53 [7]
3 years ago
11

Case company allocates $5 overhead to each unit produced. the company uses a plantwide overhead rate with machine hours as the a

llocation base. given the amounts below, how many machine hours does the company expect in department 2?
Business
1 answer:
posledela3 years ago
6 0

Let Department 2 Machine hours Be x, and using the equation below. 

<span>Find  ATQ : </span>

<span>          5= (440000 + 245000) / (74000 + x)</span>

          => 370000 + 5x = 685000

          =>x = 63000

 

Therefore, there are 63,000 machine hours that the company expects in Department 2.

<span> </span>

You might be interested in
A bicycle chain is pulled tightly so that mn is a common tangent of the gears?
Nana76 [90]

Question: The question is incomplete. The bicycle chain diagram wasn't attached to your question. Find attached of the diagram and the answer.

A bicycle chain is pulled tightly so that mn is a common tangent of the gears. Find the distance between the centers of the gears.

Answer: The distance between the centers of the gears is 17.8 in

Explanation:

From the attached file, using Pythagoras theorem to find the value of x, we have;

h = 4.3 - 1.8

   = 2.5

x² = MN² + h²

x² = 17.6² +2.5²

x² = 309.76 + 6.25

x² = 316.01

x = √316.01

x = 17.8

Therefore, the distance between the centre of the gear is 17.8 in

4 0
3 years ago
Read 2 more answers
On January 1, Martinez Inc. issued $3,000,000, 11% bonds for $3,195,000. The market rate of interest for these bonds is 10%. Int
krok68 [10]

Answer:

correct option is b. $184,500

Explanation:

given data

issued amount =  $3,000,000

rate = 11%

bonds for = $3,195,000

market rate of interest = 10 %

solution

firs we get here Cash paid that is  

Cash paid = $3,000,000 × 11%

Cash paid  = $330,000

and

Interest expense will be

Interest expense =  $3,195,000 × 10%

Interest expense  = $319,500

so premium amortization is

premium amortization =  $330,000 - $319,500

premium amortization  = $11,500

and premium over the 3 million = 195,000

so

New premium will be as

New premium  = $195,000 - $11,500

New premium = $184,500

so correct option is b. $184,500

3 0
3 years ago
A delivery van costing $37,000 is expected to have a $2,900 salvage value at the end of its useful life of five years. Assume th
valkas [14]

Answer:

A.

Depreciation expense for the first year: $6,820

Depreciation expense for the second year: $6,820

B.

Depreciation expense for the first year: $13,640

Depreciation expense for the second year: $8,184

Explanation:

A. The company uses straight-line depreciation method, Depreciation Expense each year is calculated by following formula:  

Annual Depreciation Expense = (Cost of delivery van − Salvage Value )/Useful Life = ($37,000 - $2,900)/5 = $6,820

Depreciation expense for the first year: $6,820

Depreciation expense for the second year: $6,820

B. The company uses Double-declining- balance method

Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20% of the Depreciable cost.

Depreciable cost = Total asset cost - salvage value =  $37,000 - $2,900 = $34,100

Under the double-declining-balance method the 20% straight line rate is doubled to 40% - multiplied times the Depreciable cost's book value at the beginning of the year.

Depreciation expense for the first year = $34,100 x 40% = $13,640

At the beginning of second year, the Depreciable cost's book value is $34,100-$13,640 = $20,460

Depreciation expense for the second year = $20,460 x 40% = $8,184

8 0
2 years ago
EB5.
lord [1]

Answer:

                                    $

Material used            2,500                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

Direct labour             5,000

Overhead applied    200

Cost of goods sold   7,700                                                                                    

Explanation:

The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200       represents the overhead applied.                                                                                                                                                                                                                                                

7 0
3 years ago
Suppose there is perfect competition in the output market and the labor market and that the output price is $10 and the wage is
Pani-rosa [81]

Answer:

2 hours of labor

Explanation:

Labor is hired up to a point where the marginal product of labor * Price of the output = wage of the worker.

Thus, 35 * 10 = 350.

35 widgets are produced using 2 hours of labor.

4 0
3 years ago
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