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
Semenov [28]
3 years ago
6

Bradford Company derived the following cost relationship from a regression analysis of its monthly manufacturing overhead cost:

C = $83,000 + $12M where: C = monthly manufacturing overhead cost, and M = machine hours The standard error of estimate of the regression is $7,500. The standard time required to manufacture one six-unit case of Bradford's single product is two machine hours. Bradford applies manufacturing overhead to production on the basis of machine hours, and its normal annual production is 53,000 cases. Bradford's estimated variable manufacturing overhead cost for a month in which scheduled production is 5,300 cases would be:
Business
1 answer:
Firdavs [7]3 years ago
3 0

Answer:

Bradford's estimated variable manufacturing overhead cost is $127,200

Explanation:

The cost function=$83,000+$12M

where M stands for machine hours required to produce the expected output in the month under review.

Each one-six unit case of Bradford's single product requires two machine hours,hence 5,300 cases would require 10,600 hours(5,300*2hrs).

Total estimated variable manufacturing overhead=cost per machine hour*expected number of machine hours

cost per machine hour is $12 as seen in the cost function

estimated variable manufacturing overhead=$12*10,600=$127,200

You might be interested in
Which one of the following statements about best practices is false?
alisha [4.7K]

Answer:

e. Normally, the best practices utilized by other organizations have to be adapted to fit the specific circumstances of a company's own business and operating requirements.

Explanation:

The best practices are the guidelines, ideas that are set by the company in order to run an organization in a better way. It is created by the regulators or the government bodies.

So going through the options, the option e is false as it reflects that it should be fit according to the specific needs and requirements of the business as well as the operating one

So this option would be considered

8 0
3 years ago
Fill in the blank. Today most large corporations not only accept the necessity of affirmative action but also find that ________
netineya [11]
The answer is: the bottom line
7 0
2 years ago
Mixed economies can evolve when societies with different kinds of economies interact. True or False
CaHeK987 [17]

The answer here is true, mixed economies can evolve when societies with different kinds of economies interact

4 0
3 years ago
Someone broke into your apartment and stole all of your stuff. Luckily, you
Maksim231197 [3]

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Answer: A, file a claim

Explanation:

I hope this helped!

<!> Brainliest is appreciated! <!>

- Zack Slocum

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

4 0
2 years ago
Read 2 more answers
Unlike product, promotion, or place, price is the only part of the marketing mix
mario62 [17]
Yes, its is the only thing marketing mix does. 
4 0
3 years ago
Other questions:
  • On April 17, 2021, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs ne
    5·1 answer
  • You asked two of your friends to give you their opinions of a business proposal you have written. Now you have received two sepa
    11·1 answer
  • On January 1, 2020, the Sheridan Company budget committee has reached agreement on the following data for the 6 months ending Ju
    8·1 answer
  • Hutch Inc., a software company, uses an approach in which software developers and programmers interact directly with customers.
    6·1 answer
  • If Ben invests $3500 at 4% interest per year, how much additional money must he invest at 5 1 2 % annual interest to ensure that
    6·1 answer
  • Cost of Merchandise Sold Based on the following data, determine the cost of merchandise sold for November: Increase in estimated
    6·1 answer
  • Pamela was injured in an auto accident by an uninsured driver. Pamela filed a claim with her insurer, American Mutual, for $2,00
    8·1 answer
  • The groups that review research proposals for possible ethical violations are known as:
    14·1 answer
  • The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does thi
    9·1 answer
  • Julia owes her dad $12. She wants a new blouse that just went on sale, so she borrows $20 from her sister. She pays her father $
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!