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2 years ago

29) Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to

Business

1 answer:

irakobra [83]2 years ago

5 0

Answer:

The correct Answer is predetermined overhead rate = $2.50 per direct labor hour.

Explanation:

Overhead is those costs required to run a business, but which cannot be directly attributed to any specific, for example, rent, factory overheads, depreciation, indirect labor and production supervisor's salary.

Total manufacturing overheads = Rent of factory building + Depreciation on factory equipment + Indirect labor + Production supervisor's salary

Total manufacturing overheads = $15,000 + $8,000 + $12,000 + $15,000

Total manufacturing overheads = $50,000

Total Direct labor hours in the year = 20,000

Predetermined Overhead Rate per labor hour = $50,000/20,000

Predetermined Overhead Rate per labor hour = $2.50 per direct labor hour

Sales salary is a selling expense and not a product cost hence it will not be included for calculating predetermined overhead rate.

Direct material and labor are direct expenses, they are product cost but not a part of Overhead cost.

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Answer:

[A] chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

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1 year ago

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AysviL [449]

Answer:

Charu Khanna

The Net capital loss is:

= $2,000.

Explanation:

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2 years ago

Sam, the owner of a toy store, dies unexpectedly at the age of 56. His lifelong business associate, Paul, is appointed the admin

Nostrana [21]

Answer:

b. An oral statement such as this is not enforceable because it is outside the Statute of Frauds.

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2 years ago

What are 3 benefits of adding non-QuickBooks Online clients to your Client List in QuickBooks Online Accountant

kipiarov [429]

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The answer is below

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2 years ago

Which of the following most correctly demonstrates the opportunity cost of

Svetllana [295]

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.

<h3>What do you mean by opportunity cost?</h3>

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Learn more about Opportunity cost here:

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