Answer:
Estimated manufacturing overhead rate= $10 per direct labor hour
Explanation:
Giving the following information:
estimated manufacturing overhead= $2,886,000
estimated direct labor dollars= 288,600
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= 2,886,000/288,600= $10 per direct labor hour
Answer:
Marginal Propensity to Consume = 0.8
Explanation:
Marginal propensity to consume (MPC) exhibits consumer's spending behavior as to what percentage of extra dollar is spent from extra dollar of income.
MPC is calculated as Increase in consumption divided by increase in income.
MPC: Increase in consumption / increase in income: 4,000 / 5,000
MPC = 0.8
Answer:
$10,000
Explanation:
Calculation to determine what The unused resource capacity for setups for Macon Publishing is:
Using this formula
Unused resource capacity =Clerical resources used -[(Clerical rate per page*Pages typed)
Let plug in the formula
Unused resource capacity=$20,000 – ($20*500)
Unused resource capacity=$20,000-$10,000
Unused resource capacity = $10,000
Therefore The unused resource capacity for setups for Macon Publishing is:$10,000
Based on the information given, the amount of her child and dependent care expense credit will be $7000.
It should be noted that the enhanced credit of 2021 allows the eligible parents to claim up to 50% of the child care expenses paid.
In this Shyla paid $14000 as her child care expenses for her children in 2021. Therefore, the the amount of her child and dependent care expense credit will be calculated thus:
= $14000 × 50%
= $7000.
Read more about AGI on:
brainly.com/question/25803188
Answer: $2,700
Explanation:
The balance in Supplies account at the end of February can be calculated using the formula:
= Beginning balance + Supplies purchased in the month - Supplies used in the month
= 3,780 + 3,240 - 4,320
= $2,700
