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Ksju [112]
2 years ago
15

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th

e company based its predetermined overhead rate on total estimated overhead of $240, 300 and 4, 690 estimated direct labor hours. Actual manufacturing overhead for the year amounted to $243,000 and actual direct labor-hours were 4, 640. The predetermined overhead rate for the year was closest to:____________.
Business
1 answer:
Sav [38]2 years ago
8 0

Answer:

$51

Explanation:

Given that,

Total estimated overhead = $240,300

Estimated direct labor hours = 4,690

Actual manufacturing overhead = $243,000

Actual direct labor-hours = 4,640

Hence,

Predetermined overhead rate:

= Total budgeted overhead cost for the year ÷ Total budgeted direct labor hours

= $240,300 ÷ 4,690 estimated direct labor hours

= $51.2367

Therefore, the predetermined overhead rate for the year was closest to $51.

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ryzh [129]

First let us identify if the asset is a gain or loss. An asset is a gain if it contributes to the banks overall finance while it is a loss if it is a cost directly or indirectly.

Deposits of $300 million = Gain (+)

Reserves of $20 million = Gain (+)

<span>Purchased government bonds worth $300 million = Loss (-)         ---> This entails cost</span>

Selling bank’s loans at current market value of $600 million = Gain (+)

Therefore adding up everything to get the banks net worth:

Stealth banks net worth = $300 M + $20 M - $300 M + $600 M

<span>Stealth banks net worth = $620 million</span>

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Explanation:

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Answer:

C is the correct option

Explanation:

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According to the concept of human capital, all labor is not equal and the quality of employers can be improved by investing in their training, education, and abilities. Human capital is important because it is considered to increase the productivity and profitability and the economic values of the employers.

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What is one benefit of declaring bankruptcy?
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Grey owns the surface rights for High Desert Ranch, which includes a house, a bunkhouse, and two barns. Industrial Mining Inc. o
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Answer:

Industrial Mining

Explanation:

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