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
Colt1911 [192]
3 years ago
6

Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an

d trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for 2017 follow. Molding Trimming Direct labor hours 45,000 DLH 48,000 DLH Machine hours 37,500 MH 3,500 MH Overhead costs $ 740,000 $ 610,000 Data for two special order parts to be manufactured by the company in 2017 follow. Part A27C Part X82B Number of units 9,800 units 51,500 units Machine hours Molding 6,200 MH 1,240 MH Trimming 2,400 MH 600 MH Direct labor hours Molding 4,000 DLH 2,150 DLH Trimming 1,100 DLH 5,500 DLH Required 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1.
Business
1 answer:
nexus9112 [7]3 years ago
3 0

Answer:

1. $14,52 per direct labor hour

2. Overheads Assigned

Part A27C = $89,367

Part X82B =$95,832

Explanation:

The plantwide overhead rate is the absorption rate calculated on the entity`s to total overheads and total activity.

plantwide overhead rate = Budgeted Overheads / Budgeted Activity

                                         = ($ 740,000 + $ 610,000) / (45,000+48,000)

                                         =  $14,52 per direct labor hour

Part A27C

Molding department  (4,000× $14,52)    =  $58,080

Trimming department(2,150× $14,52)     =  $31,287

Total                                                          =  $89,367

Part X82B

Molding department (1,100× $14,52)      =  $ 15,972

Trimming department (5,500× $14,52)  =  $79,860

Total                                                         =  $95832

You might be interested in
a. Simulation can be used to analyze large and complex real-world situations that cannot be solved by using conventional quantit
Ivan

Answer:

D). All of the above statements are correct.

Explanation:

Simulation can be described as the process designed to offer a realistic experience in order to know the actual mechanism of a specific behavior or outcome.

As per the question, 'all the given statements' are asserting true claims with respect to simulation. Simulation is characterized as <u>an effective process for evaluating large and complicated actual-world circumstances as it is a realistic environment to know the truth and actual causes behind those situations</u>. Such situations cannot be assessed truly using the traditional quantitative models of analysis. It is able to provide answers to the questions like 'what-if' as it observes the realistic nature and promotes effective decision-making. It is also <u>employed to investigate the collective effect of specific variables or components to categorize them as important or not-important as it closely observes every aspect</u>. Thus, <u>option D</u> is the correct answer.

3 0
3 years ago
Joe sold gold coins for $1000 that he bought a year ago for $1000. He says, "At least I didn't lose any money on my financial in
Sav [38]

Answer:

TRUE

Explanation:

Opportunity cost refers to those costs that can help us save more money. When we move from one investment to another, then the additional income from the other investment is called opportunity cost.

In this case, if Joe chooses Invest in a bank deposit in the place of Gold coins, he can enjoy 3% more return at the place of no profit and loss, so Joe had loss his 3% opportunity cost.

8 0
3 years ago
Below are several amounts reported at the end of the year. Currency located at the company $ 950 Supplies 2,800 Short-term inves
choli [55]

Answer:

$17,350

Explanation:

Calculation to determine the amount of cash to report in the balance sheet.

Currency located at the company $950

Add Short-term investments that mature within three months 1,850

Add Balance in savings account 8,100

Add Checks received from customers but not yet deposited 550

Add Coins located at the company 100

Add Balance in checking account 5,800

Total Cash $17,350

Therefore the amount of cash to report in the balance sheet is $17,350

8 0
2 years ago
assuming the hiking shoes division of the all about shoes corporation had the following results last year managements target rat
Nutka1998 [239]

Answer:

116.67%

Explanation:

Note: <em>Complete question is attached as picture below</em>

<em />

Capital Turnover = Sales / Total Assets

Capital Turnover = $7,000,000 / $1,500,000

Capital Turnover = 4.67

Sales Margin = Operating Income / Sales

Sales Margin = $1,750,000/$7,000,000

Sales Margin = 0.25

Sales Margin = 25%

Division Rate of Investment = Capital Turnover * Sales Margin

Division Rate of Investment = 4.67 * 25%

Division Rate of Investment = 116.67%

8 0
2 years ago
Perfect competition has _____ sellers. (A)no (B)one (C)many
madam [21]
Many! 
i hope this helps <3

8 0
3 years ago
Read 2 more answers
Other questions:
  • Joshua is paid the minimum hourly rate for his work as a lifeguard. joshua's compensation is called a ________.
    10·1 answer
  • Unlike in joint ventures, in contract manufacturing, _____.
    5·2 answers
  • Gerald has a great deal of expertise about parakeets. he used to work in a pet store that sold over twenty different types of bi
    7·1 answer
  • In order for "limit pricing" to be effective, the firm practicing such a strategy must be able to charge a price that is:_______
    8·1 answer
  • When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sell A) the ou
    10·1 answer
  • Friendly’s Quick Loans, Inc., offers you "eight for ten or I knock on your door." This means you get $8 today and repay $10 when
    13·1 answer
  • According to the new approaches to determining the success of an expatriate's assignment, the assessment of an expatriate's succ
    5·1 answer
  • You decide to incorporate your bracelet business and get your mother and brother involved in the corporation. Your executive com
    11·1 answer
  • This is my mom channel please subscribe​
    13·1 answer
  • Research has found that employees whose managers participated in leadership training programs reported ________ afterwards.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!