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
galben [10]
3 years ago
13

Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 790,000 units are expecte

d to be produced taking 0.75 machine hours each. How much overhead will be assigned to each unit produced given the following estimated amounts?
Business
1 answer:
Mazyrski [523]3 years ago
5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

790,000 units are expected to be produced taking 0.75 machine hours each.

<u>We weren't provided with enough information to solve the requirement. But, I will give the formulas necessary to guide an answer and a small example.</u>

<u>First, we need to calculate the total amount of machine-hours required:</u>

Total machine hours= 790,000*0.75= 592,500 hours.

Let us suppose that the estimated manufacturing overhead is $850,000.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 850,000/592,500= $1.44 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.44*0.75 hours= $1.08 per unit

You might be interested in
5 th question answer please
NeX [460]

Answer:C

Explanation:

7 0
3 years ago
Read 2 more answers
Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
lara31 [8.8K]

Answer:

The maximum Southern Tours could pay to acquire the Holiday Vacations is the present is the value of the inflows to be generated from the target company.

The present of the target business is $519,799.59  

Explanation:

That amount is the maximum that should be paid for the target business,depending on negotiation skills of Southern Tours' management.

A  lower price could be bargained,which better makes the investment more profitable.

Find attached spreadsheet for detailed computations.

Download xlsx
6 0
3 years ago
Loan 1:
vampirchik [111]

Answer:

$10,786.88

Explanation:

The total amount paid on loan will be the sum of monthly payments and the deposit paid.

Monthly payments = $888.49 per month

Number of months = 12

Total monthly payments :  $888.49  x  12= $10,661. 88

Upfront fee( deposit) $125

Loan amount

=$10,661. 88 + $125

=$10,786.88

3 0
3 years ago
After identifying various market segments that her company could pursue, Linda evaluated each segment's attractiveness based on
sashaice [31]

Answer:

Market Targeting

Explanation:

This is a process of identifying different segments of a market's attractiveness and identifying a particular one to enter.

It guides towards making the best decision at market selection stage ,that will be of a great value  to the organization..

The two basic stages involved are evaluating the market and selecting market target segments and targeting strategy.

Size and growth , attractiveness ,income , accessibility and availability of resources are factors to be considered during the process

8 0
3 years ago
5 An insured has four separate but identical policies written by different insurers to cover her $100,000 building. Each policy
qaws [65]

Answer:

each policy will pay $25,000 of the loss

Explanation:

Based on the scenario being described within the question it can be said that the each policy will pay $25,000 of the loss. This is an equal share for each policy and is due to them having the pro rata liability clause. This clause states that a policy is only liable for an equal percentage of the loss if the insurer has other policies from other companies. As in this case.

5 0
3 years ago
Other questions:
  • Hagelin Co. wants to issue new 15-year bonds for some much-needed expansion projects. The company currently has 8 percent coupon
    13·1 answer
  • Julie has a desk right next to her manager's office. whenever her manager is in the office, julie makes sure that she works hard
    12·1 answer
  • Holtzman Clothiers's stock currently sells for $31.00 a share. It just paid a dividend of $1.00 a share (i.e., D0 = $1.00). The
    9·1 answer
  • quisletYour 15-year-old brother comes home with the great news that he has decided to buy his first car and has just agreed to g
    10·1 answer
  • A group of businesspeople meet in order to solve the problem of decreased sales of their company's products. One of them suggest
    7·1 answer
  • Mrs. Patterson is a new enrollee in the HealthBest Medicare Advantage (MA-PD) plan. She is new to this type of coverage and asks
    13·1 answer
  • Whose job is it to protect the judge and others in the courtroom?
    15·1 answer
  • Mega Corporation repurchased 1,000 shares of its $1 par value common stock for $8,000. The effect of this transaction on the acc
    11·1 answer
  • 2. Cash flows from __________ activities are the cash flows from transactions that affect the debt and equity of the company.
    9·1 answer
  • When developing the advertising program, specifying the advertising objectives helps advertisers with other choices in the proce
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!