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3 years ago

Midwest Corporation has provided the following data concerning manufacturing overhead for 2020:

Business

1 answer:

SSSSS [86.1K]3 years ago

4 0

Answer:

Estimated manufacturing overhead rate= $18 per direct labor hour

Explanation:

Giving the following information:

Estimated manufacturing overhead for the year $ 37,080

Estimated direct labor hours for the year 2,060

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= 37,080/2,060

Estimated manufacturing overhead rate= $18 per direct labor hour

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Explanation:

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3 years ago

A. Calculate the net present value of the following project for discount rates of 0, 50, and 100%:

kherson [118]

Answer:

Net present value when discount rate is 0% = $15,750

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Net present value when discount rate is 100% = $0

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The net present value is the present value of after tax cash flows from a project.

The IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The net present value can be calculated using a financial calculator

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I hope my answer helps you

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Answer:

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