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Tpy6a [65]
3 years ago
14

Lupine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T

he company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,700 Total fixed manufacturing overhead cost $ 253,600 Variable manufacturing overhead per machine-hour $ 6.00 Recently, Job L716 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 Direct materials $ 690 Direct labor cost $ 1,380 The amount of overhead applied to Job L716 is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
Anna [14]3 years ago
5 0

Answer:

Allocated MOH= $420

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

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

Predetermined manufacturing overhead rate= (253,600/31,700) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

<u>Now, we can allocate overhead to Job L716:</u>

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

Allocated MOH= 14*30

Allocated MOH= $420

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This year Mary received a $600 refund of state income taxes that she deducted on her tax return last year. Mary included a total
Mariulka [41]

Answer:

$600

Explanation:

If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.

5 0
2 years ago
How does columbus describe the role and rights of women in native american cultures?
OleMash [197]
<span>Women in native American communities are held at a high regard, are well respected, and have the rights and liberties of men in certain situations. When married, the husband joined the woman's family as the family line was always traced through the women of the family. If a woman decided that she wanted a divorce from her husband, her decision was easily made when she put her husband out of the house to leave.</span>
7 0
3 years ago
On january 1 of year 1, congo express airways issued $3,700,000 of 6% bonds that pay interest semiannually on january 1 and july
erastova [34]
<span>The amount of interest expense recognized by Congo Express Airways would be $199,334 after one year of being issued. This is calculated by finding 6% of the $3,700,000 which is $222,000. Then subtracting the amortized amount of $22,666 per annum, which was found by doubling the 6 month rate of $11,333. This gives you a total of $199,334.</span>
6 0
3 years ago
Ben receives an email purporting to be from his bank, advising him that new passwords are being distributed. The email asks him
Nina [5.8K]

Answer:

The correct answer is E

Explanation:

Phishing is the term which is defined as group of individual or the malicious individual who are scam users. This is done by sending the emails or creating the web pages which are designed in order to collect the information of online bank, other login information or credit card information of an individual.

So, Ben is the victim of phishing, as the fraud is done with him by sending the emails.

3 0
3 years ago
Ferdows​ Electronics, Inc.​ (FEI), produces short runs of custom microwave radios for railroads and other industrial clients. Yo
zmey [24]

Answer:

9 kanban

Explanation:

The calculation of the number of kanban containers needed is given below:

= (Lead time demand + Safety stock) ÷ kanban size

where,

Lead time demand is

= 1,500 radios × 1 days

= 1,500 radios

Container size = 250 radios

Safety Stock is

= 1 ÷ 2 day × 1,500 radios

= 750 radios

So, the number of kanban containers needed is

= (1,500 radios + 750 radios) ÷ (250 radios)

= 9 kanban

We simply used the above formula to find out the required kanbans

3 0
3 years ago
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