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anzhelika [568]
2 years ago
7

The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufactu

ring overhead costs $1,360,000 $3,560,000 Direct labor hours 553,000 DLH 803,000 DLH Machine hours 103,000 MH 37,000 MH What is the company's plantwide overhead rate if direct labor hours are the allocation base? (Round to two decimal places)
Business
1 answer:
Rashid [163]2 years ago
6 0

Answer:

$3,628  per direct labour hour.

Explanation:

Total manufacturing overhead cost and total direct labour hours

Particulars                                       Dep 1             Dep 2          Total

Manufacturing overhead cost     1,360,000 3,560,000    4,920,000

Direct labour hours                       553,000     803,000     1,356,000

Plant-wide overhead rate = Total manufacturing overhead / Total direct labour rate

Plant-wide overhead rate = $4,920,000 / 1,356,000

Plant-wide overhead rate = $3,628

Therefore, the Plant-wide overhead rate is $3,628  per direct labour hour.

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Assume that the demand curve for a certain good is a vertical line. This vertical demand curve illustrates the idea that:
ladessa [460]

Answer:

e.people will not change the quantity of the good when the price of the good is changed.

Explanation:

When the demand curve for a good is vertical, it indicates that the demand for the good is perfectly inelastic ; a change in price has no effect on the quantity demanded.

Goods with perfect inelasticity usually have no or little close subsituites.

I hope my answer helps you

6 0
2 years ago
A manufacturing operation consists of 10 operations. However, five machining operations must be completed before any of the rema
Anit [1.1K]

Answer:

The answer is: 14,400 different production sequences are possible

Explanation:

For this calculation I will assume that the first 5 operations can be made in any order, as well as the last 5.

For the first set of machining operations, since they can go in any order, you choose one operation and then you have 4 operations left, then you choose another operation and you have 3 operations left, then you choose another operation and you have 2 operations left, you choose another option and you have only 1 operation left.  This process can be expressed by the following equation: 5 x 4 x 3 x 2 x 1 = 120 possible different combinations. Mathematically it can also be expressed as 5! = 120

The same for the last 5 assembly operations, you have 5 x 4 x 3 x 2 x 1 = 120 possible different combinations.

So to get the total possible combinations of all the process, we just multiply 120 x 120 = 14,000 or 5! x 5! = 14,400

8 0
2 years ago
Daveed is the warehouse supply manager for a privately owned auto parts distributor. It is his job to take inventory of the prod
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This form of production that operates on supply and demand is the <u>market economy.</u>

<h3>Facts about the market economy </h3>
  • Is controlled by forces of supply and demand.
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The warehouse Daveed works in is privately owned and they seek supply based on the demand for their goods.

This is in conclusion, a market economy.

Find out more on the market economy at brainly.com/question/1659498.

7 0
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Answer:

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Explanation:

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3 years ago
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That city has <span>purchase money security interest.
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