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
mart [117]
3 years ago
7

LO 4.4How is the predetermined overhead rate applied?

Business
1 answer:
soldier1979 [14.2K]3 years ago
4 0

Answer:

Please see explanation.

Explanation:

Once the factory overhead rate is determined using the estimated amount of factory overhead and estimated  base, it is used to charge overhead cost to the jobs, products or work performed.

Since, not all overhead costs are known at the time of making the product, (such as electricity bill is received after  the month end) therefore, the estimated rate is used to apply the overhead cost to the job or product using actual  activity level. This is called absorption or application of overheads to the products / jobs.

Due to this, at each period end, the management calculates and compares the actual overhead cost with the  applied overhead cost and determine the over or under applied overheads.

You might be interested in
The job of increasing public awareness of a company's products, brands, or activities and by fostering desirable company images,
Zina [86]

It is the task of <u>"Public Relations".</u>


Public relations(PR) is the way associations, organizations and people speak with general society and media. A Public relations authority speaks with the intended interest group straightforwardly or by implication through media with an expect to make and keep up a positive picture and make a solid association with the gathering of people. Examples incorporate official statements, pamphlets, open appearances, and so on and also utilization of the internet.

8 0
3 years ago
XYZ Company has expected earnings of $3.00 for next year and usually retains 40 percent for future growth. Its dividends are exp
Verizon [17]

Answer:

Price of stock  = $40

Explanation:

According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.

This is done as follows:

Price of a stock = D×(1+r)/(r-g)

D(1+g) - Dividend for next year = 100%-40%× $3 = $1.8

g- growth rate - 10%

r- required rate of return - 15%

Price of stock = 1.8× (1.1)/(0.15-0.1)

                    = $40

6 0
4 years ago
If a management team wishes to undertake efforts specifically aimed at helping the company meet or beat the investor-expected in
dusya [7]

Boom general operating profits in all four geographic areas -- the resulting growth in working earnings will improve general net income and assist increase the EPS, using the business enterprise's stock fee upward.

Due to the fact, that the boom in EPS can bring about an elevated and strong dividend, and thus can have an impact on the investors to buy the stocks, resulting in a boom in stock prices.

The inventory price is a relative and proportional price of an organization's worth. consequently, it only represents a percent alternate in an organization's market cap at any given factor in time. Any percentage adjustments in an inventory fee will bring about the same percent trade in a company's marketplace cap.

A percentage fee is the rate of an unmarried proportion of a number of saleable equity shares of an organization. In layman's terms, the stock price is the best amount someone is willing to pay for the inventory, or the bottom amount that it can be bought for.

Learn more about company's stock price here: brainly.com/question/25818989

#SPJ4

5 0
1 year ago
Sydney has worked for WillCo for the last 20 years. She just had her 60th birthday and is thinking about retirement. WillCo spon
Wittaler [7]

Answer: c. Sydney can diversify 50% of her WillCo stock.

Explanation:

Employee stock ownership plan (ESOP) is simply referred to as an employee benefit where the employees of a particular company are given ownership interest as long as some certain criteria are met.

Once the workers become qualified participants, they can diversify certain percentage of their stocks. From the 1st-5th year, a qualified participant is allowed to diversify about 25% of his or her stock account and about 50% in the 6th year.

Based on the explanation, since Sydney has worked for WillCo for the last 20 years, Sydney can diversify 50% of her WillCo stock.

5 0
3 years ago
When silo gimp graduated from college with a degree in flower growing.He was voted...
Scilla [17]

Answer:

When silo gimp graduated from college with a degree in flower growing. He was voted AS THE FLORIST OF THE YEAR

Explanation:

Anyone that studies flower growing or horticulture is a florist or could be voted as one which made Silo to win such an award.

8 0
3 years ago
Other questions:
  • President Chris Zane mentions that employees' performance is not evaluated every six months or every year as in many organizatio
    6·1 answer
  • Economists refer to this pattern, the ___________________________________, which means that as a person receives more of a good,
    6·1 answer
  • which of the following resulted in a retaliation by the united states of increased tariffs on cheeses and meats from europe
    14·2 answers
  • In calculating the unemployment rate, "discouraged" workers who are not actively seeking employment are
    9·1 answer
  • A difference between strategic and tactical goals is that: a. strategic goals are more specific than tactical goals. b. strategi
    5·2 answers
  • After September​ 11, 2001, the federal government increased military spending on wars in Iraq and Afghanistan. Is this increase
    14·1 answer
  • What is the plowback ratio for a firm that has earnings per share of $12.00 and pays out $4.00 per share as dividends?
    10·1 answer
  • Harold is a sales manager associated with TickTock Watches for the past thirty-five years; he was instrumental in the company's
    14·1 answer
  • why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?
    5·1 answer
  • Ake the factors considered by earned value analysis and subtract those considered by project s-curves. the factor(s) you have re
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!