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kumpel [21]
3 years ago
11

Manufacturing overhead is applied to the product based on machine hours used in each department under the rate of $20 per machin

e hour. The total machine hours are $60,000 of which $25,000 are related to the Mixing Department and the remaining are related to the Baking Department.
Business
1 answer:
a_sh-v [17]3 years ago
4 0

Answer:

The manufacturing overhead used to the mixing department is = $ 700,000

Explanation:

Solution

For the information in the question stated  the manufacturing overhead is used to each department based on the machine hours under a rate per machine hour.

So, the manufacturing overhead put into a department shall be equal to  as

= The Machine hours used by the department * Manufacturing overhead rate per machine hour

Now,

The Calculation of manufacturing overhead applied to the baking department is given as:

From the information  in the question stated we have ,

The hours  used by the machine for the baking department = 25,000 machine hours ,

The  Manufacturing rate overhead  per machine hour = $ 20

Hence,

The manufacturing overhead applied to the baking department is defined as

= The Machine hours used by the baking department * Manufacturing overhead rate per machine hour

Which is,

= 25,000 * $ 20  = $ 500,000

Thus,

The manufacturing overhead applied to the baking department is defined as = $ 500,000

The Calculation of manufacturing overhead applied to the Mixing department is based on  the information stated in the question thus we have:

The Machine hours used by the Mixing department = ( 60,000 - 25,000 ) = 35,000 machine hours ,

The Manufacturing rate of overhead  per machine hour = $ 20

Now,

The manufacturing overhead applied to the Mixing department is

= The Machine hours used by the Mixing department * Manufacturing rate overhead  per machine hour

= 35,000 * $ 20

= $ 700,000

Therefore,The manufacturing overhead used to the mixing department is = $ 700,000

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Answer:

The correct answer is $302.40.

Explanation:

According to the scenario, the computation can be done as:

To calculate firms' earning first we less cost of goods and total operating expenses from sales revenue:

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5 0
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Sergio039 [100]

Answer: option E -Corporation

Explanation:

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4 years ago
he following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.0 hours S
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Answer:

Direct labor rate variance= $2,430 favorable.

Explanation:

Giving the following information:

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To calculate the direct labor rate variance, we need to use the following formula:

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Direct labor rate variance= (15.1 - 14.8)*8,100= $2,430 favorable.

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4 0
3 years ago
Banks and other financial institutions of an economy are in the business of channeling funds from suppliers of financialcapital
ziro4ka [17]

Answer:

C. financial intermediation.

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3 years ago
Read 2 more answers
The balance sheet below reflects Zee Bank after its purchase of $65 million in government securities from the Fed. Assume a requ
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Answer:

Option (C) is correct.

Explanation:

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