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Bogdan [553]
3 years ago
7

Arciba Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 7,400

direct labor-hours will be required in January. The variable overhead rate is $9.50 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $130,980 per month, which includes depreciation of $10,360. All other fixed manufacturing overhead costs represent current cash flows. The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for January should be:
Business
1 answer:
n200080 [17]3 years ago
7 0

Answer:

$27.20

Explanation:

The computation of the predetermined overhead rate is shown below:

= Variable overhead rate per hour + Fixed Overhead rate per hour

where,

Variable overhead rate per hour is $9.50

And, the fixed overhead rate per hours is

=  budgeted fixed manufacturing overhead ÷ direct labor hours

= $130,980 ÷ 7,400

= $17.70

So, the predetermined overhead rate is

= $9.50 + $17.70

= $27.20

By adding the variable overhead rate per hour and the fixed overhead rate per hour we can find out the predetermined overhead rate

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You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accoun
algol13

The T-Account can be made as follows with the credit of $3,754. The expenses are deducted from the balance as the total credit available.

<h3 /><h3>What is Expense?</h3>

Expenses are the costs that are paid by businesses, these costs are incurred for the operations of business. The expenses are paid from the cash/ bank balance available at the business.

It is recommended that the expenses are in a control and are lower than the revenue generated by the business.

T-Account

Operating Expense Account

$420

$250

$100

$250

Petty Expenses Account

$150

$100

Asset Account

$1500

$650

$334

The account are made according to the nature of expenses, there are two expenses that are not to be classified as an expense instead they need to be treated as a capital expenditure that is to be posted in Asset account.

Expenses with one off event and small amount and in general in nature are posted in petty expenses

Learn more about Credit card at brainly.com/question/27074608

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4 0
2 years ago
Williams Corp. is considering signing contracts that will obligate the firm to purchase 100000 Swiss Francs worth of computer eq
ella [17]

Answer:

$80,000

Explanation:

Given that at the end of each quarter, William corporation will purchase 100,000 Swiss francs worth of computer equipment for next 2 years. A local high school will still purchase this computer equipment at $89,000 each quarter for the next 2 years.

This means, we have the following:

Cost of purchase = 100,000 * number of quaters = 100,000 * 8 = 800,000

Convert to USD at an exchange rate of $0.79 = 800,000 * 0.79 = $632,000

Cost of purchase in USD = $632,000

Also, find the revenue generated after selling the computer equipments to the high school.

Revenue generated = $89,000 * number of quaters = $89,000 * 8 = $712,000

Williams' profit or loss would be calculated using the following:

Profit(loss) = Revenue generated - Cost of purchase

= $712,000 - $632,000

= $80,000

Since we have a positive value, Williams would make a profit of $80,000 through out the life of the contract.

4 0
3 years ago
List and describe the four basic rights in the private enterprise system
Elodia [21]

Private property

competition

profits

and freedom of choice


8 0
3 years ago
Read 2 more answers
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $30,5
DIA [1.3K]

Answer:

$38,500

Explanation:

Sheridan's ending cash balance can be calculated as;

= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by investing activities

= $5,500 + $30,500 + $13,500 - $11,000

= $38,500

Therefore, the ending cash balance is $38,500

6 0
2 years ago
Breaking down the answer to the question: "Have you ever purchased a ticket online for an American Airlines flight?" into subgro
never [62]

Answer:

Demographic Segmentation

Explanation:

Demographic segmentation is a technique  used to  divide a large group of potential custoners in to groups  depending on their gender, age, location, etnia, income,  etc.

In this case AA  is segmentating based on gender or location (zip Code)

Demographic segmentation is based on demographic information of the customer and it helps to target the message in order to reach the relevant audience.

7 0
3 years ago
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