Answer:
$275,000
Explanation:
Cash collections in April = 70% of sales in April +20% sales in March + 10% sales in Febuary
= 70% * $250,000 + 20% * $350,000 + 10% * $300,000
= $275,000
Undergraduate refers to someone who is going for their Bachelor's Degree or one who doesn't have an equivalence to a Bachelor's Degree. (Ex. non-degree holder or an Associates Degree would be considered undergraduates)
<span>Graduate refers to someone who is going for a degree that is beyond a Bachelor's Degree. (Ex. Master's Degree or PhD.) </span>
Answer:
Explanation:
Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost
= $51,157.84+$5755.62=
= $56,913
Calculations:
Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:
Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $4300000/60000 hours = $71.66 per hour
Overhead (Department A) = $71.66per hour*724 labor hours
= $51,157.84
Department B's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $2200000/60000 hours = $36.66 per hour
Overhead (Department A) = $36.66 per hour*157 labor hours
= $5755.62
