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
lilavasa [31]
3 years ago
15

makes handheld calculators in two​ models: basic and professional. estimated of manufacturing overhead and machine hours for the

year. The basic model actually consumed machine​ hours, and the professional model consumed machine hours. Requirements 1. Compute the predetermined overhead allocation rate using machine hours​ (MHr) as the allocation base. 2. How much overhead is allocated to the basic​ model? To the professional​ model? Requirement 1. Compute the predetermined overhead allocation rate using machine hours as the allocation base. Select the​ formula, and then enter the amounts to compute the predetermined overhead​ (OH) allocation rate. ​(Enter your answer to the nearest​ cent.) ÷ = Predetermined OH allocation rate ÷ =
Business
1 answer:
irinina [24]3 years ago
8 0

Answer & Explanation:

1. Predetermined Overhead allocation

= Estimated manufacturing Overhead / Estimated machine hours

= 624,000/520,000

= $1.2 per machine hour

2. Overhead allocated to Basic Model

= 1.2 * 270,000 machine hours

= $324,000

Overhead allocated to Professional Model

= 1.2 * 250,000

= $300,000

You might be interested in
A stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is CORRECT? The stock
Llana [10]

Answer:

a. The stock's price one year from now is expected to be 5% above the current price.

Explanation:

Under gordon model:

\frac{divends}{return-growth} = Intrinsic \: Value

If we calculate the value of the stock for the year after that:

\frac{divends x (1 + growth)}{return-growth} = Intrinsic \: Value

to calculate the value of the increase we divide next year over current year.

\frac{divends(1+growth)}{return-growth} \div \frac{divends}{return-growth}\\\\\frac{divends(1+growth)}{return-growth} \times\frac{return-growth}{divends}\\\\\frac{divends(1+growth)}{divends}= 1+ growth

We have demostrate that next year stock should increase by 1 + growth so statement c is correct.

7 0
3 years ago
The following merchandise transactions occurred during December for two different companies: Rippen
kondaur [170]

The accounting entries for Rippen Corporation is recorded as follows:

December 3,

DR Accounts Receivable (Burnen Corp.) $480,000

CR Sales $480,000

DR Cost of Goods Sold $320,000
CR Inventory $320,000

December 8,

DR Sales Return $30,000

CR Accounts Receivable $30,000

DR Inventory $20,000

CR Cost of Goods Sold $20,000

December 12,

DR Cash $441,000

DR Credit Discount $9,000

CR Accounts Receivable $450,000

<h3>What is Journal Entry?</h3>

A journal entry is recorded for the transactions of a company in the relevant period, the entry that is recorded is also known as the double entry. These journal entries are then used to prepare T-Accounts, an then trial balance is made and ultimately income statement and balance sheet are made.

The transaction includes a discount of 2% as credit discount for the payment being made within 10 days.

Learn more about Journal Entries at brainly.com/question/27076717

#SPJ1

5 0
1 year ago
At its simplest, acquisition management can be viewed as:
Goryan [66]

Answer:

The correct answer is letter "D": project management plus operations management.

Explanation:

Acquisition management refers to all the efforts a company makes to obtain the materials necessary for the operations process stage to take place. Labor, land, and equipment are the main factors that the company must acquire to make its project become true. Under that scenario, project management and <em>operations management </em>are the core of the <em>acquisition management</em>.

3 0
2 years ago
1. Describe the four management functions and the type of management activity associated with each.
kari74 [83]

Answer:4 Functions of Management Process: Planning, Organizing, Leading, Controlling

Planning and Decision Making – Determining Courses of Action.

Organizing – Coordinating Activities and Resources.

Leading – Managing, Motivating and Directing People.

Controlling – Monitoring and Evaluating activities.

Explanation:

8 0
2 years ago
Carly donated inventory (ordinary income property) to a church. She purchased the inventory last month for $100,000, and on the
MissTica

Answer:

$92,00

Explanation:

Base on the scenario been described in the question which we saw how Carly donated an to the church, when she purchased the gift, it was $100,000 but when she is to present the gift to the church, the fair market value became $92,000 which is her maximum charitable contribution deduction

the charitable deduction for ordinary income property is the lesser of fmv or basis limited to 50% of AGI

8 0
2 years ago
Other questions:
  • The last element of a formal business letter should be the salutation followed by your signature.
    5·1 answer
  • A respondent to a survey indicates that she drives a ford taurus. this is an example of qualitative data.
    9·1 answer
  • You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 6 percent, -14 percent, 12perce
    11·1 answer
  • Last year the price of corn was $3 a bushel and the quantity of corn demanded was 10 million bushels. this year the price of cor
    8·1 answer
  • Score skateboard company is a small firm that designs and manufactures skateboards for high school and collage students who want
    6·1 answer
  • Accounting Rate of Return Each of the following scenarios is independent. Assume that all cash flows are after-tax cash flows. C
    13·1 answer
  • ABC Corporation makes a range of products. Management is considering a special order for 700 units of product J45 at $50 each. T
    8·1 answer
  • Which of the following will usually be found on an income statement prepared using absorption costing? Contribution Margin Gross
    9·1 answer
  • Banks sometimes quote interest rates in the form of "add-on interest." In this case, if a 1-year loan is quoted with a 20% inter
    10·1 answer
  • Managing diversity is ________________________________. the use of dramatization and role playing to identify and remedy problem
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!