____ has experienced a rapid increase in the use of credit cards for purchase?

Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the be

dolphi86 [110]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Machine-hours required to support estimated production 157,000 Fixed manufacturing overhead cost $ 658,000

Variable manufacturing overhead cost per machine hour $4.50

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (658,000/157,000) + 4.5

Estimated manufacturing overhead rate= $8.69 per machine hour

Job 400:

Direct materials= $350

Direct labor cost= $240

Machine-hours used= 31

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8.69*31= $269.39

Job 400:

Units= 50

First, we need to calculate the total cost:

Total cost= 350 + 240 + 269.39

Total cost= $859.39

Unitary cost= 859.39/50= $17.188 per unit

7 0

4 years ago

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

ale4655 [162]

Answer:

I will use the 2020 tax schedule since recovery rebate credit applies to 2020:

Marc and Michelle's gross income = Marc's and Michelle's salaries + interest from corporate bonds = $64,000 + $12,000 + $500 = $76,500

they should choose the standard deduction since it is higher than their itemized deductions = ($24,400)

contribution to IRA = ($2,500)

alimony payment = ($1,500) the divorce agreement was settled on 2005

Marc and Michelle's taxable income = $48,100

Marc and Michelle's tax liability = $1,975 + [12% x ($48,100 - $19,750)] = $5,377

Interests on municipal bonds is not taxable.

The amount of taxes that they owe = $5,377 - $3,500 (federal tax withholdings) = $1,877

Refundable tax credits:

$2,000 in child tax credit

$2,900 in recovery rebate credit

total = $4,900

taxes payable or refund = tax liability - refundable tax credits = $1,877 - $4,900 = -$3,023.

Marc and Michelle should get a refund for $3,023

4 0

3 years ago

Chi-Ling thought it would be best to put Connor in charge of making decisions for the accounting team and Manami in charge of ma

Dmitry_Shevchenko [17]

The aspect of analyzing teamwork is Chi-Ling using is authority differentiation. Thus the option 3rd is correct.

<h3 /><h3>What is Authority?</h3>

Authority refers to the power access by the individual or the government over the others. The authoritative person can make the decisions regarding the various sectors and make his subordinates to work in his accord.

The Chi ling has divided the work of the accounting and marketing between his employees and made the head of the department. Thus this concept of analyzing the teamwork is known as authority differentiation.

The authority of the both the employees Connor and Manami is well defines they both will looking after their filed and are free to take decisions on their department.

Learn more about teamwork here:

brainly.com/question/18869410

#SPJ1

5 0

2 years ago

A company has a process that results in 36000 pounds of Product A that can be sold for $8 per pound. An alternative would be to

RoseWind [281]

Answer:

Sell now, the company will be better off by $25,200

Explanation:

The effect of the action of shown below:-

Profits if sold now = Product Pound A × Sold pound

= 36,000 pounds × $8

= $288,000

If processed further Profits

= (36,000 x $14) - $241,200

= $262,800

Selling product A now = Profits if sold now - Further Profits

= $288,000 - $262,800

= $25,200

6 0

3 years ago

________ is/are changes in products, services, or processes that radically change an industry's rules of the game.

sashaice [31]

Disruptive innovation are changes in products, services or processes that radically change an industry's rules of the game. By doing this, they are able to create a new market or change the value to an existing market. The disrupt the existing market and value by improving products or services.

7 0

3 years ago