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Zielflug [23.3K]
3 years ago
6

Motorsports, Inc. had a predetermined overhead rate of $2 per direct labor hour. The direct labor hours were estimated to be 25,

000. The actual manufacturing overhead incurred was $47,000 and 24,000 actual direct labor hours were worked. How much was overhead over/under applied last year
Business
1 answer:
Marat540 [252]3 years ago
7 0

Answer:

$1,000

Explanation:

For the computation of overhead over/under applied last year first we need to find out the applied overhead which is shown below:-

Applied overhead = Actual direct labor × Per direct labor

= 24,000 × $2

= $48,000

Over applied overhead = Applied overhead - Actual overhead

= $48,000 - $47,000

= $1,000

Therefore for computing the overhead over/under applied last year we simply applied the above formula.

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den301095 [7]

Answer:

b

e

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

5 0
3 years ago
¿sí se vende mercancía en que tipo de cuenta debe registrar el IVA de dicha compra?
poizon [28]

Answer:

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Explanation:

i speak Spanish and business is pretty easy

8 0
3 years ago
A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 116% of its $1,000
Anna35 [415]

Answer:

$1,174.75

Explanation:

The computation of the invoice price of the bond is shown below:

As we know that

Invoice Price of Bond = Ask Price of Bond + Accrued interest

where,

Ask Price is

= $1,000 × 116%

= $1,160

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So,

Invoice Price of Bond is

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3 0
3 years ago
I like work at a besiness
Evgen [1.6K]

Answer:

OK??

Explanation: Up at answer

5 0
2 years ago
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Maintenance

What is Technology Environment?

Environmental technology (envirotech), also referred to as green technology (greentech), or clean technology (cleantech), is the application of one or more of environmental science, green chemistry, environmental monitoring, and electronic devices in order to monitor, model, and conserve the natural environment and resources, as well as to lessen the adverse effects of human involvement. The phrase is also used to refer to renewable energy generation methods like photovoltaics and wind turbines. The foundation of environmental technology is sustainable development. Another use of the phrase "environmental technology" is to refer to a group of technological gadgets that can support resource management that is sustainable.

To learn more about Technology Environment

brainly.com/question/15157500

#SPJ4

8 0
1 year ago
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