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Mamont248 [21]
4 years ago
7

Odonnel Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho

urs. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $36,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 10,000 direct labor-hours. The predetermined overhead rate is closest to:
Business
1 answer:
natima [27]4 years ago
8 0

Answer:

$6.40

Explanation:

In this case, the predetermined overhead rate is calculated by dividing total manufacturing overhead expense by the total number of direct labor hours. The overhead expense is divided in two: fixed and variable. Predetermined variable overhead expense is $2.80 and predetermined fixed overhead expense = $36,000 / 10,000 direct labor hours = $3.60.

So the total predetermined overhead rate = $2.80 + $3.60 = $6.40

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The salaries of employees who spend all their time working in one department are:
Paraphin [41]
Their salaries are DIRECT EXPENSES. Direct expenses refers to expenses incurred which vary directly with changes in the quantity of cost objects. Cost objects are items for which expenses are measured such as costs of materials used to manufacture a product.
3 0
4 years ago
Under what circumstance might a certification authority (CA) revoke a certificate?
scoundrel [369]

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

The private key of the certificate holder has been breached and conditions may contribute to the withdrawal of a credential by a certification authority.

A certificate authority, sometimes also linked to as a qualification authority, is a service provider or institution that acts by issuing electronic documents to justify the identifications of institutions and bind them to encryption keys.

6 0
3 years ago
Disposal of Fixed Asset
andreev551 [17]

Answer:

$328000

Explanation:

Given: Cost of machine= $880000

           Residual value= 60000

           Estimated life= 10 years

Company use straight line depreciation method.

∴ Depreciation = \frac{\textrm{cost of machine- residual value}}{estimated\ useful\ life}

⇒ Depreciation= \frac{880000 - 60000}{10} = \frac{820000}{10}

∴ Depreciation= \$ 82000 per year.

Now, lets find the value of depreciation.

∵ Machine is sold on December 31, 2019, which is 6 years after it is installed.

∴ Depreciation value after 6 years= \textrm{Depreciation value every year \times number of years used}

Depreciation value after 6 years= 82000\times 6 = \$ 492000

Next, finding the value of machine after 6 years of depreciation.

Value of machine after 6 years= 820000 - 492000= \$ 328000

∴ Disposal value of machine after 6 years of usage is \$ 328000, however, machine was sold at $225000.

4 0
3 years ago
What happens if a monopolist increases the price of a good?
Natali5045456 [20]

Answer:

By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.

Explanation:

Also can you mark me as brainliest

4 0
3 years ago
Changes in the value of a firm's stocks and bonds offer important information for a firm's managers. If the price is increasing
insens350 [35]

Answer: Option A

Explanation: In simple words, firms stock refers to the securities that a company has issued for gaining funds for operations. Prices of such securities are highly fluctuating and changes as per the prospects and existing economical conditions.

A rise in prices of the stock indicates that the returns for the stock will be going to increase in future and thus can happen only if the investors are expecting high profits in coming period.

An expansion of business opens new opportunities for the firm in market and increasing their profits proportionately leading to increase in stock prices.

Hence the correct option is A .

3 0
3 years ago
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