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My name is Ann [436]
3 years ago
15

Marquis Company estimates that annual manufacturing overhead costs will be $900,000. Estimated annual operating activity bases a

re direct labor cost $500,000, direct labor hours 50,000, and machine hours 100,000.
Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.)
Overhead rate per direct labor cost _____ %
Overhead rate per direct labor hour $ _____
Overhead rate per machine hours $ _____
Business
1 answer:
polet [3.4K]3 years ago
7 0
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If total change in cash = $44,000, net operating cash flows = $22,000, and net investing cash flows = ($13,000); then net financ
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Answer:

Net financing cashflows are $ 35,000.

Explanation:

A company generates cashflow from three activities that are cash from operations , cash from financing activities and cash from investing activities. The company net cash flow is total of these above specified. So we can determine net financing cashflows from the equation given below.

<em>total change in cash = net operating cash flows + net investing cash flows + net financing cash flows</em>

net financing cash flows = $ 35,000

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3 years ago
Pinnacle Corp. budgeted $259,470 of overhead cost for the current year. Actual overhead costs for the year were $209,420. Pinnac
Yuliya22 [10]

Answer:

Predetermined manufacturing overhead rate= $5.275 per machine-hour

Explanation:

Giving the following information:

Pinnacle Corp. budgeted $259,470 of overhead cost for the current year.

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To calculate the predetermined manufacturing overhead rate we need to use the following formula:

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Predetermined manufacturing overhead rate= 259,470/49,190

Predetermined manufacturing overhead rate= $5.275 per machine-hour

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