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
Studentka2010 [4]
4 years ago
11

Stones Corporation uses a predetermined overhead rate based on machine-hours to apply overhead to the manufacturing process. Las

t year, Stones incurred manufacturing overhead costs totaling $450,000 and used 100,000 machine-hours. This year, Stones estimated manufacturing overhead to be $550,000 and expected to incur 110,000 machine-hours. Stones actually incurred $575,000 of manufacturing overhead and incurred 120,000 machine-hours this year. What is the manufacturing overhead application rate?
A. $5.00 per machine-hour
B. $4.79 per machine-hour
C. $4.50 per machine-hour
D. $5.50 per machine-hour
Business
1 answer:
Vinvika [58]4 years ago
3 0

Answer:

A. $5.00 per machine-hour

Explanation:

The computation of the manufacturing overhead application rate is shown below:

= Estimated manufacturing overhead ÷ expected machine-hours incurred

= $550,000 ÷ 110,000 machine hours

= $5.00 per machine hour

In order to determine the  manufacturing overhead application rate, basically we divided the estimated manufacturing overhead by the expected machine hours

You might be interested in
arrange the investments in order from the highest risk and return potential to the lowest risk and return potential
dimulka [17.4K]

Answer:

Arrange the investments in order from the highest risk and return potential to the lowest risk and return potential:

A. property

B. bonds

C. starting a business

D. mutual funds

Solution:

C. starting a business

A. property

D. mutual funds

B. bonds

Explanation:

Investments are the exchanges of income during one period for assets that are expected to earn income in future periods.  It is the act of committing capital now in order to obtain future earnings.  The risk and return calibration depends on one's personal circumstances and risk appetite.

Some investments offer higher returns with great growth potentials and higher risks while others offer lower returns with lower risks.

Starting a business has the highest risk and return potential.  The risk is that you may not realise any return.  However, if you are successful in the business, you can get the highest return ever.

Property investments either by building new property, buying built property, or investing in property investment fund may also yield so much returns but the risks are higher than other investments in this class.  There is no guarantee that prices of property will not fall so dramatically that you sustain big losses.  There is always need to insure your property against disasters like fire.

Mutual funds are professionally managed funds whereby money is pooled from different investors in order to buy stocks, bonds, etc. with long-term horizon.  It has higher risk profile than investing in bonds as an individual, because you could recoup some returns in bonds as interests are paid periodically.

Bonds are debt securities to a government or business with the promise of repayment and period interests.  They are generally risk-free investments with lower returns because of the guaranteed repayment.

5 0
3 years ago
the builders of the transcontinental railroad used legal and illegal means to cut costs and finance construction. which phrases
jekas [21]

The builders of the transcontinental railroad used legal and illegal means to cut costs and finance construction. The Legal means are -

receiving government aid

overcharging the government for work

allowing poor and unsafe workmanship

selling stock in their companies.

What is a transcontinental country?

Transcontinental nations are nations which might be placed on more than one continent. they're also referred to as intercontinental states. The transcontinental countries are known to be a part of a particular continent but a portion of or its overseas territories lie in another continent.

How many transcontinental international locations are there?

Argentina, Australia, Chile, France, New Zealand, Norway, and the United Kingdom: those seven states claim portions of the Antarctic mainland (some of them overlapping), in addition to its associated islands south of 60°S latitude.

How do you use transcontinental in a sentence?

The railway has been constructed by way of the Mexican authorities as a transcontinental path for global trade. For transcontinental flights I have made aluminum sturdy containers. but the desire for Canadian harmony led the kingdom to assist a transcontinental line connecting Manitoba with jap Canada.

Russia is a transcontinental USA, a state which is located on a couple of continent. Russia spans the northern a part of the Eurasian continent; 77% of Russia's place is in Asia, the western 23% of the us of a is placed in Europe. ecu Russia occupies almost forty% of the full area of Europe.

Learn more about transcontinental here :- brainly.com/question/538605

#SPJ4

7 0
2 years ago
Ming Company had net income of $772,200 based on variable costing. Beginning and ending inventories were 7,800 units and 5,200 u
Otrada [13]

Answer:

$764,400

Explanation:

Given that,

Net income under variable costing = $772,200

Beginning inventories = 7,800 units

Ending inventories = 5,200 units

Fixed overhead per unit = $3

Net income under absorption costing:

= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]

= $772,200 - [(7,800 - 5,200) × $3]

= $772,200 - $7,800

= $764,400

7 0
4 years ago
To encourage customers to open a mail offering them a subscription to home companion, a home furnishings magazine, the front of
Ad libitum [116K]
<span>To encourage customers to open a mail offering them a subscription to home companion, a home furnishings magazine, the front of the envelope suggested that there was a gift inside. The envelope contained an attractively laminated bookmark. This is an example of combining direct marketing with support media. 

Support media is media or items that is included to promote products or services. In this case, the laminated bookmark is an example of support media because it is being put in the envelopes to promote the product. They are grabbing their customers attention by "gifting" them with a promotional item. 
</span>
4 0
3 years ago
Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.84. Suppose that in Year 1, disposable in
Ede4ka [16]

Answer:

$64,48 billion

Explanation:

marginal propensity ( MPC ) = 0.84  i.e ratio of disposable income to consumption is $1 to 84 cent

YEAR 1 disposable income = $412 billion

year 1 consumption =  $368 billion

year 2 disposable income = $540 billion

calculate the level of saving in year 2

from given data

consumption = Co + 0.84 * 412

368 = Co + 346.08

therefore Co = 21.92

therefore for year 2

Consumption = Co + 0.84 * 540

                     = 21.92 + 453.6 = $475.52

hence savings level = disposable - consumption = 540 - 475.52 = $64,48 billion

8 0
4 years ago
Other questions:
  • An overstatement of earnings can inflate a​ company's stock price and may also be used​ to:
    11·1 answer
  • A(n) ___________ converts all the statements in a program in a single batch, and the resulting collection of instructions, calle
    15·1 answer
  • Douglas Industries produced 5,500 units of product that required 2.5 standard hours per unit. The standard fixed overhead cost p
    12·1 answer
  • What types of control systems should a customer and contractor work together to set up and utilize?
    6·1 answer
  • On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the maturity value (principa
    13·1 answer
  • In Virginia, what is the marginal rate of transformation between wheat and cotton? (Assume wheat is graphed on the vertical axis
    7·1 answer
  • When formatting your resume, it is important to ____
    14·1 answer
  • What is the difference between time work and piece work rates​
    5·2 answers
  • Industries is calculating its Cost of Goods Manufactured at​ year-end. The​ company's accounting records show the​ following: Th
    8·1 answer
  • I make YT intros, does that count as graphic design? And can I put it on my resume?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!