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4 years ago

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

Business

1 answer:

irakobra [83]4 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

Note:

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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Which of the following is used to calculate total variable overhead variance where VOH = Variable Overhead, SVOR = Standard Vari

jenyasd209 [6]

Answer:

See below.

Explanation:

Total Variable over head variance = Spending variance + Efficiency variance

Total Spending variance = VOH - SVOR × AH

Total Efficiency variance = SVOR * ( AH - SH)

Assuming we only want total spending variance then option A is correct, however if we assume total overhead variance is required option E would be correct as we also need to account for the efficiency variance of overhead as per the difference between actual and standard hours worked.

Hope that helps.

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4 years ago

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iragen [17]

Answer: true

Explanation:

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3 years ago

As ceo of a company called adelphia, _____ siphoned off billions of dollars to support his family's extravagant lifestyle and ba

hoa [83]

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3 years ago

What to do if the product is not a consumer problem?

Kay [80]

could you explain it more

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3 years ago

Which of the following is true for a stock whose returns are more variable than the market's returns? a. The stock's beta will b

sdas [7]

Answer:

c. The stock's beta will be greater than one.

Explanation:

In order to understand the right answer here, we need to understand what Beta is and what does it represent.

Well, Beta tells about the responsiveness of any stock in comparison with the stock market index. For example, if the index move 100 points positive and the stock price moves $120 positive, this means that the stock is very responsive and has a high beta of more than 1. For stocks that are less response to stock market, their beta is less than 1, while for stocks who move the exact same direction as per the stock market, their beta is said to be equal to 1.

Here, in this question, since the stock return is more variable than the market return, it clearly tells that the Beta of that stock will be greater than one.

Hope this helps, Good Luck.

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3 years ago