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Effectus [21]
3 years ago
12

Factory overhead includes:_________.a. direct materials unansweredb. direct laborun answeredc. indirect labor unansweredd. depre

ciation on factory equipment unanswerede. depreciation on general and administrative computers unansweredf. factory utilities unansweredg. general and administrative utilities
Business
1 answer:
Ganezh [65]3 years ago
8 0

Answer:

indirect labor and indirect materials

Explanation:

Factory overhead refers to the costs that are incurred during the manufacturing process of a certain business or company but does not include the costs of direct labor and direct materials. Factory overhead includes indirect labor and indirect materials. These costs are usually added into the cost pools and allocated towards units produced during that specific business period.

You might be interested in
Cushing Manufacturing assigns overhead based on machine hours. The MillingDepartment logs 1,800 machine hours and Cutting Depart
morpeh [17]

Answer:

Explanation:

The journal entry is shown below:

Milling work in progress A/c Dr $9,000

Cutting work in progress A/c Dr $15,000

     To Manufacturing overhead A/c             $24,000

(Being overhead allocation is recorded)

The milling work in progress is computed by

= Milling department machine-hours × $ overhead rate

= 1,800 machine hours × $5

= $9,000

And, The cutting work in progress is computed by

= Cutting department machine-hours × $ overhead rate

= 3,000 machine hours × $5

= $15,000

5 0
3 years ago
The value of χ2α in a particular situation depends on
scoundrel [369]

Answer:

The number of degrees of freedom and the right-hand tail area α.

Explanation:

Chi Square Distribution  

α  is Significance level  

If the p-value of hypothesis test <  α  , then we reject null hypothesis of the test.

So,  α  is basically a critical p-value which makes a rejection region in the right tail

Now, the statistic  χ 2   also depends on the degrees of freedom

So, The value of χ2α in a particular situation depends on

the number of degrees of freedom and the right-hand tail area α.

6 0
4 years ago
Because of large reserves that center around the Persian Gulf, the Middle East often produces as much as two-thirds of the world
gregori [183]
Your answer is D - petroleum.

the area around the Persian Gulf is desert so can't be the water, coal or cattle. But here it can be found large underground reserves  of Petroleum. 
8 0
3 years ago
True or False: Suppose that the hypothetical country of Kernaland has a chronic scarcity of corn, its staple grain. This implies
Fed [463]

Answer:

The statement is: True.

Explanation:

Scarcity is the basic economic problem by which individuals have unlimited needs counting only with finite resources to fulfill them. In front of this scenario, individuals must make trade-offs meaning the satisfaction of some needs must be given up in part so other needs can be satisfied simultaneously.  

If corn is scarce in Kernaland, the first step its inhabitants must take is to ration corn before its exploitation reduces the corn crops even more.

6 0
3 years ago
Illinois Company is attempting to develop the cost function for repair costs. The following past data are available: Machine Hou
Harlamova29_29 [7]

Answer:

$480

Explanation:

Data provided in the question:

Machine              Hours Repair Costs

2,400                       $6,385

1,200                        $3,480

2,000                       $5,285

3,400                       $8,980

Now,

                       Machine              Hours Repair Costs

Highest             3,400                       $8,980

Lowest              1,200                        $3,480

Difference        2,200                       $5,500

Unit variable cost =  $5,500 ÷ 2,200

= $2.5

Total cost at high level = $8,980

Machine hours highest level = 3,400

Also,

Total cost at high level = Fixed cost + Variable cost at highest level

or

$8,980 = Fixed cost + [ $2.5 × 3,400 ]

or

Fixed cost = $8,980 -  [ $2.5 × 3,400 ]

= $8,980 - $8,500

= $480

7 0
3 years ago
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