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kenny6666 [7]
4 years ago
9

Poland's Paints allocates overhead based on machine hours. Selected data for the most recent year follow.Estimated MOH $238,000A

ctual MOH $244,000Estimated machine hrs 20,000Actual machine hrs 22,500The estimates were made as of the beginning of the year, while the actual results were for the entire year. The predetermined manufacturing overhead rate per machine hour is closest to:(a) $10.58(b) $11.90(c) $10.84(d) $12.20
Business
1 answer:
Ulleksa [173]4 years ago
7 0

Answer:

B.) $11.90

Explanation:

Predetermined manufacturing overhead rate are based on the estimates made by the company.

So the calculation should be:

Estimated MOH of $238,000<em> divided by</em> Estimated Machine Hours of 20,000.

Giving us the result of $11.90

(238,000 / 20,000 = 11.90)

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An analyst is evaluating securities in a developing nation where the inflation rate is very high. As a result, the analyst has b
irakobra [83]
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8 0
4 years ago
Which of the following statements is​ false?A. In a​ make-to-order environment, the forecasts tend to be for groups of products.
Step2247 [10]

Answer:

D) All of the above statements are true.

Explanation:

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B. If the lead time to buy raw materials is​ long, the forecasts go farther out into the future.

If you know that it takes longer to purchase raw materials or any other type of material, you must forecast the amount of material you will need for longer periods of time.

C. In a​ make-to-stock environment, forecasts tend to be more detailed and can get down to specific individual products.

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3 0
4 years ago
A company projects an increase in net income of $108000 each year for the next five years if it invests $900000 in new equipment
inna [77]

Answer:

18 %

Explanation:

Annual rate of return on this investment = annual profit / average investment x 100

where,

annual profit = $108000

average investment = (initial cost + salvage value) ÷ 2

                                 = ($900000 + $300000) ÷ 2

                                 = $600,000

therefore,

annual rate of return on this investment = $108000 / $600,000 x 100

                                                                   = 18 %

7 0
3 years ago
A check is__? (1 point)
mr_godi [17]
A. Promissory Note

It means that when you write someone a check, it is a "promise", that their money will be there or liquidated.

3 0
3 years ago
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