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3 years ago

What value of a measurement must be available if the accuracy of a measurement is to be determined?

1 answer:

6 0

The answer is the correct value
<span>To evaluate the accuracy of a measurement, the measured value must be compared to the correct value and you must compare the values of two or more repeated measurements
By doing this, you will have a set of standard to follow to make sure that the result of your research still placed within the scope of standards that accepted by experts in your field, which reduce the likelihood of your result to be considered as invalid.</span>

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Henkes Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of

gizmo_the_mogwai [7]

Answer:

$27.2

Explanation:

First we have to calculate the total estimated manufacturing overheads which shall be determined as follows:

Estimated total manufacturing overheads=Variable manufacturing overhead+ Fixed manufacturing overheads

Variable manufacturing overhead=Estimated labour hours*manufacturing overhead per labour hour

=75,000*$10.70=$802,500

Fixed manufacturing overheads=$1,237,500

Estimated total manufacturing overheads=$802,50+$1,237,500

=$2,040,000

Now we will compute the predetermined overhead rate which shall be determined using the following formula:

Predetermined overhead rate=Estimated total manufacturing overheads/Estimated labour hours

Predetermined overhead rate=$2,040,000/75,000=$27.2

3 0

3 years ago

Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. T

Kamila [148]

Answer:

a global strategic alliance

Explanation:

A global strategic alliance is established between two or more countries that are established on different countries. In this case, TJ's headquarters are in the US and the other game company's headquarters are in Thailand. This type of alliance is very common when companies want to enter new international markets. For example, Volkswagen Group is the largest car manufacturer in the world, even though its headquarters are located in Germany, around 50% of the cars it sells are produced in China through a series of strategic alliances with Chinese car manufacturers. It was the first western car manufacturer to start producing cars in China and it really paid off for them. Its share of the Chinese car market is currently around 25%.

7 0

3 years ago

Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $ 302 comma 000$302,000. The manufacturing ov

Ainat [17]

Answer:

$140,309.20

Explanation:

The computation of the manufacturing overhead is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $302,000 ÷ 5,000 hours

= $60.4

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 2,323 hours × $60.4

= $140,309.20

This is the answer but the same is not provided in the given options

8 0

3 years ago

f a business has fixed costs of $1k a month, variable costs of $1k a month and has product sales of $2k a month, what statement

PSYCHO15rus [73]

Answer:

The correct option is b. The business is realizing $0 profit and the business is at break-even point.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

If a business has fixed costs of $1k a month, variable costs of $1k a month and has product sales of $2k a month, what statement is a correct analysis of the situation?

a. The business is realizing $2k profit and the business is at break-even point

b. The business is realizing $0 profit and the business is at break-even point

c. The business is realizing $2k loss and the business is at break-even point

d. The business is realizing $2k profit

The explanation of the answer is now provided as follows:

Total cost = Fixed cost + Variable cost = $1K + $1K = $2k

Total revenue = Product sales = $2k

Profit = Total revenue - Total cost = $2k - $2k = $0

When a business makes $0 profit, it implies that the business is at break-even point.

Therefore, the correct option is b. The business is realizing $0 profit and the business is at break-even point.

6 0

2 years ago

He Bradley Corporation produces a product with the following costs as of July 1, 20X1: Material $5 per unit Labor 3 per unit Ove

blsea [12.9K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

July 1, 20X1:

Material $5 per unit

Labor $3 per unit

Overhead $1 per unit

Total cost= $9

Beginning inventory= 3,200 units.

December 1, 20X1:

Bradley Corporation produced 12,400 units.

These units had a material cost of $4, labor of $6, and overhead of $4 per unit.

Total cost= $14

A) Units sold= 16,800 units

Selling price= $13

The total inventory is= 3,200+12,400= 15,600

<u>We will assume that production levels with sales.</u>

Sales= 16,800*13= $218,400

Cost of goods sold= (3,200*9 + 13,600*14)= (219,200)

Gross profit= (800)

B) We will assume the ending inventory is 300 units:

Inventory= 300*14= $4,200

8 0

3 years ago