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
goldfiish [28.3K]
3 years ago
9

Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of u

nits expected to be produced are 192,000 in October, 200,500 in November, and 197,000 in December. Glaston assigns variable overhead at a rate of $0.70 per unit of production. Fixed overhead equals $149,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October.
Business
1 answer:
Travka [436]3 years ago
6 0

Answer:

Budgeted overhead= $283,400

Explanation:

Giving the following information:

Production:

October= 192,000

variable overhead is applied at a rate of $0.70 per unit of production.

Fixed overhead equals $149,000 per month.

To calculate the budgeted overhead, we need to determine the total variable overhead for the month:

Budgeted overhead= fixed overhead + total variable overhead

Budgeted overhead= 149,000 + 0.7*192,000

Budgeted overhead= $283,400

You might be interested in
The best way to limit competition is to: Choose one: A. control a resource that is essential in the production process. B. lobby
zloy xaker [14]

Answer:

A. control a resource that is essential in the production process.

Explanation:

When the crucial resource is required to make a product, then the restrictions on such resource would not allow, many people to enter in such business.

Also that the resources will be restricted in some or other manner, its price will increase accordingly the cost of producing such article would also increase.

As the cost of production will increase only producers with a high budget and resources in terms of finance will chose it.

5 0
3 years ago
As applied to mortgage loans, which of the following statements is FALSE? By increasing the number of payments per year you incr
Ann [662]

Answer:

The statement that is false about mortgage loans is Advertised rates are annual percentage rates.

Explanation:

Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.

By increasing the number of payments per year you increase your effective borrowing rate.

When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.

You can find a monthly payment by dividing the annual payment by 12.

However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.

5 0
3 years ago
Splish Brothers Inc. began operations on April 1 by issuing 52,300 shares of $5 par value common stock for cash at $15 per share
Ahat [919]

Answer:

Date    Account titles and Explanation               Debit        Credit

Apr 1    Cash                                                        $679,900

                  Common stock                                                    $261,500

                  (52,300*5)

                  Paid in common stock in excess of par             $418,400

                  (52,300*$13-$5)

            (To record common stock issued)

Apr 19   Organisation expenses                         $28,900

                  Common stock                                                     $9,000

                  (1800*5)

                  Paid in common stock in excess of par              $19,900

            (To record issuance of comm1,100on stock for attorney.s fees)

Apr 19    Cash (1,100*$6)                                      $6,600

                  Preferred stock (1,100*$1)                                     $1,100

                  Paid in preferred capital in excess of par            $5,500

            (To record common preferred stock for cash)

7 0
3 years ago
Under what conditions can a good separation be achieved with a simple distillation?
Reil [10]
Distillation is a process that can separate a mixture, composed of two or more components, by using selective evaporation and condensation. In this process is important to have the components with different boiling points, otherwise it's not possible to separate.
That means, that a good separation can be achieved if the boiling points have a large difference.
6 0
3 years ago
What is input, conversion process, and output
blondinia [14]
Hello!

Think of a machine. You put something in. This is the input. The conversion process is whatever goes on inside the machine. Let's say that the machine will spray paint a vase you put into it.  The vase is the input. The spray painting is the conversion process. What comes out of the machine, or the result, is the output. In our example it would be the painted vase.

The conversion process changes the input into the output.

For example, think of a function, or a table. Let's say that we have the rule, +1. Let's say our input is 1. The conversion process is +1. This makes 1 become the output of two.

I hope this helps!
6 0
3 years ago
Other questions:
  • Which three tags does Google Analytics require for accurate campaign tracking?
    15·1 answer
  • U.S.-based royal corporation is hesitant about entering into a licensing agreement with hexagon, inc., a company from the monasl
    15·1 answer
  • Sanders Enterprises arranged a revolving credit agreement of $9,000,000 with a group of banks. The firm paid an annual commitmen
    6·1 answer
  • Sal is very clear in defining for his subordinates the incentives available to them for different levels of performance. He make
    8·1 answer
  • ______ says that the quantity demanded of a good folls when the price of 1 point the good rises.
    12·2 answers
  • Transactions for Buyer and Seller Sievert Co. sold merchandise to Vargas Co. on account, $148,600, terms FOB shipping point, 2/1
    12·1 answer
  • What is the real interest rate if the current nominal interest rate is 10% and the inflation is 6.5%
    7·1 answer
  • One of the disadvantages of investing in real estate is A) investors need expert help. B) pyramiding. C) equity buildup. D) leve
    13·1 answer
  • Bert just purchased his first property. to what level(s) of government will bert have to pay real estate taxes?
    5·1 answer
  • Suppose your company needs $14 million to build a new assembly line. your target debt-equity ratio is 0.84. the flotation cost f
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!