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
Guadalupe’s credit card has an APR of 23%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the
wlad13 [49]
Interest*previous balance 
4 0
3 years ago
Read 2 more answers
A customer has a margin account that shows a market value of $190,000 and a debit balance of $90,000. in addition, the account h
vodka [1.7K]

A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence,  the long market value at maintenance in this case is $120,000.

<h3>What do you mean by long market value?</h3>

Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;

The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.

To calculate the <em> </em>long market value at maintenance,  divide the debit balance by .75 ($90,000 / .75 = $120,000)

Hence,  the long market value at maintenance is $120,000.

Learn more about long market value at maintenance:

brainly.com/question/15057471

#SPJ1

3 0
2 years ago
If the price of the item is $15.00 per unit and the employees cost $125 each, how many employees should the firm hire to maximiz
Aneli [31]

If the price of the item is $15.00 per unit and the employees costs $125 each,  Three employees should the firm hire to maximize their profit.

How do firms maximize profit?

All firms maximize profits when their marginal cost is equal to the marginal product. This dollar amount should also be the selling price that maximizes profits.

What is meant by profit maximization?

Profit maximization is a process business firms undergo to ensure the best output and price levels are achieved in order to maximize its returns. Influential factors such as sale price, production cost and output levels are adjusted by the firm as a way of realizing its profit goals.

What are the goals of profit maximization?

Profit maximization is the process by which a business arranges its prices and cost structure to achieve the highest possible profit. The central goal of the organization is to increase its profits

 

Learn more about profit maximization:

brainly.com/question/21794386

#SPJ4

3 0
11 months ago
which one of the following is not a withdrawal option for a mutual fund owner, who has a minimum nav of $5,000?
vichka [17]

None of the Above. A mutual fund owner typically has access to a variety of withdrawal options, including direct deposit, check, and wire transfer.

However, the minimum NAV (net asset value) of the mutual fund must be considered when choosing a withdrawal option. If the minimum NAV of the mutual fund is $5,000, then none of the above options would be available.

Net asset value, or "NAV," of an investment company is the company's total assets minus its total liabilities. For example, if an investment company has securities and other assets worth $100 million and has liabilities of $10 million, the investment company's NAV will be $90 million.

To know more about NAV here

brainly.com/question/15847339

#SPJ4

8 0
1 year ago
A movie theater owner embedded brief messages during trailers before showing the feature film. the messages, which flashed on th
Soloha48 [4]

Subliminal messages may have limited effects on behavior.   Subliminal messages are visual stimuli that is flashed for just a few milliseconds which can be absorbed at a subconscious level before the conscious mind has time to interpret the incoming visual stimuli.

6 0
3 years ago
Other questions:
  • What is a major internal concern that could affect the incorporation of social media int?
    5·1 answer
  • A firm has net working capital of $1,770. long-term debt is $4,180, total assets are $11,830, and fixed assets are $3,910. what
    8·1 answer
  • This partnership was approached by a corporation that would like to acquire them by a stock acquisition. The partnership has no
    14·1 answer
  • What did Deng Xiaoping not do to begin the transition of China's economy away from central planning and toward a market-based ec
    12·1 answer
  • What do price controls give us?
    6·1 answer
  • CBA Company reported total stockholders' equity of $76,000 on its balance sheet dated December 31, 2018. During the year ended D
    11·1 answer
  • Classify each statement about the Federal Reserve System as either true or false.
    15·1 answer
  • A falling price level is a symptom of an unhealthy economy, if prices have fallen due to _________. It is symptom of a healthy e
    6·1 answer
  • Khalil works in the gig economy, making deliveries for local stores and restaurants. He's trying to save money so he can go back
    9·1 answer
  • Short-term fluctuations experienced in the economy due to changes in levels of economic activity describe the?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!