1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AURORKA [14]
3 years ago
15

Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an

d trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for 2017 follow. Molding Trimming Direct labor hours 52,000 DLH 48,000 DLH Machine hours 30,500 MH 3,600 MH Overhead costs $ 730,000 $ 590,000 Data for two special order parts to be manufactured by the company in 2017 follow. Part A27C Part X82B Number of units 9,800 units 54,500 units Machine hours Molding 5,100 MH 1,020 MH Trimming 2,600 MH 650 MH Direct labor hours Molding 5,500 DLH 2,150 DLH Trimming 700 DLH 3,500 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base.
Business
1 answer:
MariettaO [177]3 years ago
6 0

Answer:

Estimated manufacturing overhead rate= $13.2 per direct labor hour

Explanation:

Giving the following information:

Estimated overhead= 730,000 + 590,000= $1,320,000

Total estimated direct labor hours= 52,000 + 48,000= 100,000

To calculate the estimated manufacturing overhead rate we need to use the following formula:

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

Estimated manufacturing overhead rate= 1,320,000/100,000= $13.2 per direct labor hour

You might be interested in
QUESTION 22 You purchase one IBM July 125 call contract for a premium of $5. You hold the option until the expiration date, when
NikAS [45]

Answer:

$500 loss

Explanation:

Since you purchased a call contract for IBM stock, you had the option to buy IBM stock at a specified price ($125) within a specified time (?). The problem is that the price of your call contract was higher than the market price at that specific date. Obviously you will not exercise your option in order to limit your losses.

long call profit = Max [0, (current stock price - strike price) x number of shares] - premium paid)

where:

  • current stock price = $123
  • strike price = $125
  • number of shares = 100
  • premium paid = $5 x 100 = $500

long call profit = Max [0, ($123 - $125)(100)] - $500 = -$500

6 0
3 years ago
The ________ of a business message summarizes what you want your audience members to do or think and why they should do so.
BartSMP [9]

The <u>main idea</u> of a business message summarizes what you want your audience members to do or think and why they should do so.

The primary purposes for sending commercial enterprise messages are commonly to tell and to persuade and visible cues, in addition, to permit the sender to tailor the message to the target market.

A message (verbal or nonverbal, or both) is the content material of the communication technique. The originator of the message in the communique procedure is the sender. The sender conveys the message to a receiver.

Knowing your target audience lets you make selections approximately what records you need to include, how you need to set up those records, and what sort of assisting details might be important for the reader to recognize what you're providing. It additionally influences the tone and structure of the record.

Learn more about business here: brainly.com/question/24448358

#SPJ4

5 0
1 year ago
Dayton Corporation began the current year with a retained earnings balance of $18,180. During the year, the company corrected an
andreyandreev [35.5K]

Answer:

$24,431

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

If the company failed to record a depreciation expense of $3,686 on equipment, the retained earnings would have been overstated as a result of the overstatement of the net income.

the movement in the retained earnings may be expressed as

opening balance + net income - omitted expense - dividend declared = closing balance

hence the closing balance

= $18,180 - $3,686 +$14,406 - $4,469

= $24,431

3 0
3 years ago
Which african-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up
Nookie1986 [14]
Faith Ringgold was an <span>African-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up in New York.
</span>Faith Ringgold is an artist and she was best known for her narrative quilts, Tar beach is one of her most famous story quilts. She <span>was born in New York City in 1930. and when she was working in public schools as an art teacher she began a series of paintings which was called as </span><span>American People.</span><span />
6 0
3 years ago
If an investment is considered ���volatile���, it means... athe investment will experience rapid growth over time. bthe value of
Ann [662]
The value of the investment could be unpredictable when the investment is volatile. To add up, the fluctuation patterns of the value could be a lot different than it should be. It can be observed in a graph that the curve just suddenly rises and falls covering only a smaller amount of time.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Consider the following demand and supply schedules for coffee. Price per cup Quantity demanded (cups) Quantity supplied (cups) $
    9·1 answer
  • To provide better service for their customers, America Online purchased office space in India for their online customer service
    10·1 answer
  • The Allowance for Bad Debts has a credit balance of $ 7 comma 500 before the adjusting entry for bad debts expense. After analyz
    12·1 answer
  • What are some possible reasons Waymo entered an alliance with Lyft? Are there any reasons Waymo would prefer Lyft over Uber as a
    11·1 answer
  • ________ is the possibility that the borrower's creditworthiness is reclassified by the lender at the time of renewing credit. _
    12·1 answer
  • Corris Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Ja
    5·1 answer
  • What is the effect of​ inflation? A. During periods of​ inflation, just about everyone can make themselves better off by special
    15·1 answer
  • Distributive, procedural, and interactional are
    15·1 answer
  • 1. Identify two wastes in the above process flow?
    8·1 answer
  • which element of the marketing mix is directly related to the value a product delivers to consumers, as well as the value it cap
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!