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Mamont248 [21]
3 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]3 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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It is has been estimated that there are ________ varieties of psychopathology.
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If real economic growth is 3%, the inflation rate is 5%, and the nominal interest rate is 7%, then the real rate of interest is:
Elanso [62]

Based on the information given  the real rate of interest is:2%.

<h3>Real rate of interest</h3>

Using this formula

Real rate of interest=Nominal interest rate-Inflation rate-

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3 0
2 years ago
XYZ corporation is an Indiana-based corporation and has 5 manufacturing plants. One of the corporation’s objectives is to have 1
iren2701 [21]

Answer:

No

Explanation:

Because the reason is that there are so many aspects that we should consider during risk management. So the information required comes from different sources, it can be competitor's financial statements to consider the difference on spending and efficiencies. Furthermore there are also some health and safety related issues, repair and maintenance costs analysis and other issues that the company risk manager would consider by relying on the information of manufacturing costs. So the recommendations for risk management is always reliance on wider sources of information.

8 0
3 years ago
Carrolton Oil and Gas, an independent oil and gas producer, is approved to use a 20% of gross in-come depletion allowance. The w
g100num [7]

Answer: 5,000,000 barrels

Explanation:

First, we need to calculate the last year income which will be:

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= $700,000 / 0.2

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= 5,000,000 barrels

4 0
3 years ago
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