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Galina-37 [17]
3 years ago
6

Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its

most recent year of operations. Estimated manufacturing overhead $ 157,400 Estimated machine-hours 4,570 Actual manufacturing overhead $ 156,700 Actual machine-hours 4,720 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
Irina18 [472]3 years ago
3 0

Answer:

$34.44 and $162,556.80

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= ($157,400) ÷ (4,570 machine hours)

= $34.44

Now the applied manufacturing overhead is

= Actual machine hours × predetermined overhead rate

= 4,720 machine hours × $34.44

= $162,556.80

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GaryK [48]

Answer:

62,200 allowance ending

Explanation:

allownce 5,000 credit

<u>Because the bad debt is calculate over the sales,</u> the bad debt expense is the result of that estimated, without considering the beginning balance of the allowance.

22% of net credit sales will be uncollectible:

260,000 x 22% = 57,200

<u>Now ending balance will be beginning + uncollectible for the period</u>

5,000 beginning

57,200 uncollectible for the period

62,200 allowance ending

4 0
3 years ago
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You invest $200 in stocks and sell them one year later for $230. Use the instructions in Lesson 3 to calculate the ROI dollar am
Kitty [74]

Answer: ROI = 30

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Explanation:

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The percentage is the amount I get divided by the initial investment.

Multiplied by 100 indicates the percentage.

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Which multimedia and interactive elements do you think would best support your viewpoint on the topic you chose for your blog? W
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I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear

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I took the test

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7 0
3 years ago
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Stryder, Inc., has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per sha
KengaRu [80]

Answer:

Answer:

                                                                                         $

Market value of shares (3,000,000 x $15)           = 45,000,000

Market value of bonds (30,000,000 x $101/100) = 30,300,000

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The correct answer is D

Explanation:

Market value of the firm is the sum total of market value of shares and market value of bond. The market value of each stock is equal       to number of stocks issued multiplied by current market price of each stock.

Explanation:

6 0
3 years ago
Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip of waterfront property. Northeast gives
soldier1979 [14.2K]

"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.

<h3>What is a deed?</h3>

Generally, the deed is simply defined as Legal documents that are signed and delivered, particularly those that deal with property or legal rights.

In conclusion, When a company pays another company to relinquish a claim to a strip mine, it is executing a quitclaim deed.

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