When you go into the red on your budget, it means you have?

The Thomlin Company forecasts that total overhead for the current year will be $11,270,000 with 161,000 total machine hours. Yea

sergey [27]

Answer:

underapplied for 2.037.000‬

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

we divide the expected overhead by the expected machine hours:

11,270,000 / 161,000 = $70

applied overhead = actual machine hours x rate

85,000 MH x $70 = 5,950,000

actual overhead 7,987,000

As we applied less than actual cost we underapplied the overhead.

7,987,000 - 5,950,000 = 2.037.000‬

5 0

4 years ago

Mansfield, Inc., has two production departments, Assembly and Packaging. The company uses a job-order costing system and compute

Kisachek [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The predetermined overhead rate in the Assembly Department is based on machine hours (MHs) and it is based on direct labor-hours (DLHs) in the Packaging Department.

Assembly Packaging

Direct labor-hours 5,200 62,000

Machine-hours 68, 400 11,900

Total fixed manufacturing overhead cost $390,000 $419,000

Variable manufacturing overhead per DLH $ 3.75

Variable manufacturing overhead per MH $ 3.00

Assembly:

Overhead= fixed overhead + variable overhead

Overhead= 390,000 + 68,400*3= $595,200

Packaging:

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

Estimated manufacturing overhead rate= (419,000/62,000) + 3.75= $10.51

8 0

4 years ago

Diversification ought to be considered when a A. D) company has run out of ways to achieve a distinctive competence in its prese

love history [14]

Answer: B. C) company begins to encounter diminishing growth prospects in its mainstay business.

Explanation:

All Companies should endeavour for Growth. Growth means survival in this world and a company that is not growing will eventually die out.

If a Company begins to experience a situation where the prospects for growth in their chosen industry is reducing, they should, in the interest of their survival, seek alternative business that they can engage in. Look at Oil Companies like Shell for instance, they realize that Fossil Fuels will not last forever and have started investing massively in Clean Energy because they can see that Growth Prospects in Oil are starting to diminish.

5 0

4 years ago

A consumer is someone who uses goods and services. True False

Sliva [168]

ANSWER is True. Consumers like us that go to Walmart, Costco, Walgreens, and fast food places to meet their needs. We as consumers buy from entrepreneurs to help their businesses get money.

5 0

3 years ago

Read 2 more answers

What are the pros and cons of using the internet in a medical office setting

Readme [11.4K]

. Pros of using internet in the medical office setting: => It would be easy for the medical personnel to search for more medicines and remedies that can help their patient feel better. => It is also a way for communication. For example Emailing someone for schedule and more. Cons of using internet in the medical office setting => It can cause delays to services that a medical personnel can offer, for example, The medical personnel used interne for social media most of the time instead of taking care of their patients.

7 0

4 years ago