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
aivan3 [116]
3 years ago
6

Dagnon Corporation uses direct labor-hours in its predetermined overhead rate, At the beginning of the year, the total estimated

manufacturing overhead was $299,130. At the end of the year, actual direct labor-hours for the year were 17,400 hours, manufacturing overhead for the year was overapplied by $13,850, and the actual manufacturing overhead was $294,130. The predetermined overhead rate for the year must have been closest to:_____________a) $17.70b) $17.19c) $18.22d) $16.90
Business
1 answer:
xenn [34]3 years ago
3 0

Answer:

a) $17.70

Explanation:

The computation of the predetermined overhead rate is shown below:

But before that we need to do the following calculations

Applied manufacturing overheads is

= $13,850 + $294,130

= $307,980

And,

Applied manufacturing overheads is

= predetermined overhead rate × Actual direct labor hours

Hence predetermined overhead rate is

= $307,980 ÷ 174,00 hours  

= $17.70

Therefore, the correct option is d. $17.70

You might be interested in
Analytic communicator
forsale [732]

Answer:

A personal meeting

Voice mail

Explanation:

Though various means of reaching through to individuals differ, however, depending on the gravity or severity of the information to be communicated, you be might be forced to make a somewhat crude means of communication. However, when informations require the passage of specific illustrations and also to show how important the information that is about to be passed on his.organizing a personal meeting might be more satisfactory. However, in many instances, do stance posses a barrier and another means of communication whereby distance doesn't pose a threat may need to be adopted . This include text messages. Emails

voice mails and so on.

8 0
2 years ago
In a leveraged buyout, the managers of a firm, its employees, or other investors: obtain the assets of the company through bankr
erik [133]

Answer:

borrow funds to buy out the firm's stockholders. 

Explanation:

A leveraged buyout is when the managers of a firm, its employees, or other investors use debts or borrowed finds to acquire a company.

I hope my answer helps you

4 0
3 years ago
You want to buy a puppy. One of the kids at school has a dog that just had a litter of puppies. You ask her if you can get one o
VikaD [51]

Answer: The answer is Yes. This is because you have a choice to accept or decline.

8 0
3 years ago
Retained earnings is a. The positive cash flows of a company. b. The net worth of a company. c. The owners' equity that has accu
umka2103 [35]

Answer:

The correct answer is letter "C": The owners' equity that has accumulated as a result of profitable operations.

Explanation:

Retained Earnings are the part of the company's net profits it does not pay out as dividends to shareholders. The company retains the money and reinvests it in the company, or uses it to pay off a part of its debt. To see how much profits a corporation has kept, look under the Shareholder's equity in the Balance Sheet.

3 0
3 years ago
Some large hardware stores such as home depot boast of carrying as many as 20,000 different products in each store. this volume
Luda [366]

True, because producer decisions are motivated by the attempt to earn profits.18. Consider the following statement: “Competition is the disciplinarian of the market economy.”This statement istrue, because when producers face competition they are driven to provide goods and services at the lowest possible cost.19. Some large hardware stores such as Home Depot boast of carrying as many as 20,000 different products in each store. This volume of goods is the result ofthe choice of consumers regarding what to purchase to satisfy their wants and the choice of producers regarding what to produce to maximize profits.

5 0
3 years ago
Other questions:
  • The difficulty of converting savings and investments to cash is referred to as ____________ risk.
    8·1 answer
  • A Lorenz curve measures the ________ on the vertical axis.cumulative percentage of money incomecumulative percentage of family w
    6·1 answer
  • In your opinion how have human rights changed from the industrial revolution till the modern economy of today
    9·1 answer
  • What is the annual percentage rate on a loan with a stated rate of 2.75 percent per quarter?A. 11.00 percentB. 11.09 percentC. 1
    9·1 answer
  • Explain what a data dictionary is, making sure to include definitions of the terms data element and record in your explanation.
    5·1 answer
  • The Deluxe Store is located in midtown Madison. During the past several years, net income has been declining because of suburban
    14·1 answer
  • PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!! I NEED HELP ASAP!!!!!!!
    10·1 answer
  • Cullumber Company incurred $800000 of research and development costs in its laboratory to develop a new product. It spent $15000
    6·1 answer
  • Casper Inc. issued shares of $1,000,000 in the current accounting period. How will this transaction affect the cash flow stateme
    12·1 answer
  • What do you think would be the implication of these personalities in the interpersonal relationships and task performance of emp
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!