Answer:
The amount of manufacturing overhead that would have been applied to all jobs during the period is $1,289,340.00
Explanation:
For computing the manufacturing overhead, first, we have to compute the predetermined overhead rate which is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $684,000 ÷ 20,000 hours
= $34.20
Now the applied overhead would be equal to
= Actual direct labor-hours × predetermined overhead rate
= 37,700 hours × $34.20
= $1,289,340.00
Answer:
PEST and SWOT
Explanation:
PEST and SWOT are closely related approaches to business analysis. PEST is an acronym that stands for political, economic, social and technological influences on a business. SWOT is a situational analysis tool for company leaders that involves assessing strengths, weaknesses, opportunities and threats.
Answer:
A list of specific steps needed to be done to reach a goal
Explanation:
An action plan shows the steps that must be taken to achieve a specified objective. It is a document that outlines the path that needs to be followed to meet the set goals. An action plan gives details on the of every step, and its relevance to attaining the overall goal.
<u>The details contained in each step include </u>
- The financial resources required to accomplish the step
- Source of the finance
- The tasks that need to be performed
- The individual to perform each task
- The supervisor of the step
- The desired outcome from the step
Answer:
C) $165,000
Explanation:
To determine the total amount that Brenneman has to pay during March, we have to first calculate the percentage owed from February and March:
Total purchases during February $150,000 x 40% (percentage due in March) = $60,000
Total purchases during March $175,000 x 60% (percentage due in March) = $105,000
Total payments due in March = $60,000 + $105,000 = $165,000