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
tia_tia [17]
3 years ago
15

Wiki Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. T

he normal production capacity for the Fabrication Department is 10,000 hours for the month. Fixed costs are budgeted at $60,000 for the month. a. Prepare a monthly factory overhead flexible budget for 9,000, 10,000, and 11,000 hours of production. Enter all amounts as positive numbers.
Business
1 answer:
stellarik [79]3 years ago
5 0

Answer:

Monthly factory overhead flexible budget

                                          9000 HRS              10000 HRS              11000 HRS

Variable Overhead                40,500                  45,000                    49,500

Fixed Overheads                   60,000                  60,000                    60,000

Total Overhead Costs          100,000                 105,000                   109,500

Explanation:

Fixed Costs do not change with the level of activity and thus remain the same for activity of 9,000 : 10,000 and 11,000 hours whilst variable overheads vary with the level of activity.

You might be interested in
The account​ "Accounts Receivable" began with a zero balance and then had the following​ changes: increase of​ $625, decrease of
Firdavs [7]
0+625=625-275=350+350=700+200=900
hope this helps
7 0
2 years ago
Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $29,400 to get t
Anna007 [38]

Answer:

$29,400; $29,400 and $18,400

Explanation:

Value of parcel of land = $69,800 with a basis = $58,800

Harry's basis is equal to cash contributed which is $29,400

Hermione's basis is equal to cash contributed which is $29,400

Ron's basis = Basis of parcel of land - Mortgage value

                   = $58,800 - $40,400

                   = $18,400

6 0
2 years ago
Why is producing a high quality product important to rolls royce ?
Mashcka [7]

Answer:

So the buyer wants the car.

Explanation:

Many people buy a rolls royce due to the high quality and they are on the knowledge that it is manufactured with high quality.

7 0
2 years ago
Shelton Co. purchased a parcel of land six years ago for $866,500. At that time, the firm invested $138,000 in grading the site
nikklg [1K]

Answer: $918,000

Explanation: Since Shelton Co is considering building a warehouse on the site because the rental lease is expiring then in  evaluating the new project all the relevant cash flows must be considered in  the protect evaluation. Market value of the land used for constructing the building is an opportunity cash flow and so must  be considered.  The Relevant cost of opportunity for land will be its fair value.

Therefore ,the initial cost cost of the warehouse project for the use of this land is $918, 000.

5 0
3 years ago
Read 2 more answers
Revenue is recorded when services have been performed or products have been delivered to customers. The accounting principle sup
VladimirAG [237]

Answer:

The revenue recognition principle

Explanation:

The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and  not when cash is received for the service rendered

For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.

3 0
2 years ago
Other questions:
  • Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the pr
    9·1 answer
  • The pdca cycle is part of _____. deming management applying the rater dimensions management by exception six sigma statistical p
    10·1 answer
  • 1) true or false :
    11·1 answer
  • Wich activity does economics primarily study​
    8·1 answer
  • Perit Industries has $110,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternat
    15·1 answer
  • Qué aspectos consideras relevantes dentro de una mega tendencia?<br><br> Ayuda porfavorr
    8·1 answer
  • Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020, HPI estimated the following s
    14·1 answer
  • Which of the following below is not one of porter's five forces?
    7·1 answer
  • List two examples of items that could be used as collateral for a secured loan.
    11·1 answer
  • True or false: it is generally the case that indifference curves have the same shape across all consumers.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!