Answer:
The company's plantwide overhead rate on a per machine hour basis is $5 per hour.
Explanation:
Acording to the data, we have the following:
Direct Labour Cost=$200,000
Direct Labour Hours= 16,000
Total Overhead Cost= $25,000
Machine Hours= 5,000
Therefore, to calcuate the company's plantwide overhead rate on a per machine hour basis, we use the following formula:
Company's plantwide overhead rate= Total Overhead/ Machine hours
= $ 25,000 / 5000 hours
=$5 per hour
Explanation:
for the time in history,there are 5 Generations working side-by-side the transitional generation .
Answer:B and L have formed a partnership even if they did not intend to.
Explanation:Partnerships can be formed in several different ways and can offer an attractive alternative to setting up as a company or a sole trader.
A partnership is the relationship of two or more 'partners' carrying out a business with a view to making a profit. You and your partners are responsible for running the business. You share profits between yourselves. You and your partners are personally responsible for paying the bills (apart from LLPs). Partnerships are not a separate legal entity (apart from LLPs).
Answer:
true
Explanation:
it is true about the number of percentage
Answer:
Adjusted cost of goods sold 234,900
Explanation:
<em>To calculate the the adjusted cost of goods sold , we need to first determine the over or under applied overhead.</em>
<em>Over applied overhead = absorbed overhead - actual over heads</em>
=$59,200- $55,900
= $3,300
<em>This will be deducted from the the cost of goods produced because it is the amount by the which actual production has been over stated.</em>
The adjusted cost of goods sold is determined as follows:
$
Opening inventory 55,000
Cost of goods manufactured 213,000
Over applied overheads (3,300)
Less closing inventory <u> (30,300)</u>
Adjusted cost of goods sold <u> </u><u>234,900</u>
