Answer:
Manufacturing overhead cost applied= $280,720
Explanation:
Giving the following information:
Plantwide predetermined overhead rate of $23.20 per direct labor-hour.
Estimated $278,400 of total manufacturing overhead cost.
Estimated activity level of 12,000 direct labor-hours.
The company incurred actual total manufacturing overhead costs of $269,000 and 12,100 total direct labor-hours during the period.
Manufacturing overhead cost applied= actual direct labor hours* predetermined overhead rate
Manufacturing overhead cost applied= 12100* 23.20= $280,720
Answer:
$90,000
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High cost - low cost) ÷ (High machine hours - low machine hours)
= ($234,000 - $210,000) ÷ (24,000 hours -20,000 hours)
= $24,000 ÷ 4,000 hours
= $6
Now the fixed cost equal to
= High cost - (High machine hours × Variable cost per hour)
= $234,000 - (24000 hours × $6)
= $234,000 - $144,000
= $90,000
The high cost is computed below:
= 20,000 hours × $10.50
= $210,000
And, the low cost would be
= $24,000 hours × $9.75
= $234,000
Answer:
Content.
Explanation:
Validity describes how precisely well a particular method estimates what is intended to be measured.
Content validity describes the extent to which things which are relevant and essential to the content described is estimated.
Content validity describes how efficiently well a a test is measuring a particular skill that is associated with the job, it measures the abilities and capabilities that are needed to carry out a particular job excellently well.
A lot of organizations carry out employment testing inorder to make the right choices when hiring employees.
<span>If the form of a will is made orally, and written down by a witness, it is called </span>nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.
Answer:
a. Barney's monthly explicit costs: $161;
b. Barney's monthly implicit costs: $11,816;
c. Barney's monthly economic costs: $11,977
Explanation:
a.
Barney's monthly explicit costs include any costs that he actually paid extra every month as the result from running his business including: cost of office supplies + cost of electricity bill = $71 + $90 = $161
b.
Barney's monthly implicit costs include any cost that he does not actually pay extra, yet he has to sacrifice these income as the results of running his business which includes: Cost related to his salary sacrifice + Cost related to his apartment rental = 10,890 + 926 = $11,816
c. Barney's monthly economic costs = Barney's monthly explicit costs + Barney's monthly implicit costs = $11,977
