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Marizza181 [45]
3 years ago
7

On January​ 1, 2018, Tyson Manufacturing Corporation purchased a machine for $ 40 comma 900 comma 000. ​Tyson's management expec

ts to use the machine for 34 comma 000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $ 49 comma 000. The machine was used for 4 comma 200 hours in 2018 and 5 comma 800 hours in 2019. What is the depreciation expense for 2018 if the corporation uses the unitsminusofminusproduction method of​ depreciation? (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)
Business
1 answer:
mariarad [96]3 years ago
5 0

Answer:

Explanation:

over the next six years. The estimated residual value of the machine at the end of the sixth year is $ 49 comma 000. The machine was used for 4 comma 200 hours in 2018 and 5 comma 800 hours in 2019. What is the depreciation expense for 2018 if the corporation uses the unitsminusofminusproduction method of​ depreciation? (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)

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Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $3,360,000 (240,00
makkiz [27]

Answer:

Estimated manufacturing overhead rate= $6.42 per direct labor hour

Explanation:

Giving the following information:

The company's executives estimated that direct labor would be $3,360,000 (240,000 hours at $14/hour) and that factory overhead would be $1,540,000 for the current period.  

Using direct labor hours as a base, what was the predetermined overhead rate?

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,540,000/240,000= $6.42 per direct labor hour

5 0
3 years ago
Discuss how either good or poor quality affects you personally as a customer. Give specific examples and describe an experience
lys-0071 [83]

Answer:

Quality is the perhaps the most desired thing in a good or service, however, sometimes, as customers, we have to compromise on quality for a cheaper price.

Personally, I look for quality when I buy a laptop. I have had four laptos in my life. Two of those laptops were HP, and the two other were Lenovo.

I had a good experience with my first HP laptop, so I bought another one years later. That second HP had many technical issues only a few months after the purchase, and a year later I ended up buyina new Lenovo laptop.

That first Lenovo lasted for over 4 years until I replaced it for a new one.

In this case, the lack of quality I have personally experienced with HP has made me ditch the brand altogether.

4 0
3 years ago
The following information is available regarding the total manufacturing overhead of Olsen Company for a recent four-month perio
Eduardwww [97]

Answer:

$33,000

Explanation:

The calculation of the fixed cost and the variable cost per machine hour by using high low method is shown below:

Variable cost per hour = (High manufacturing overhead cost - low manufacturing overhead cost) ÷ (High machine hours - low machine hours)

= ($198,000 - $153,000) ÷ (110,000 hours - 80,000 hours)

= $45,000 ÷ 30,000 hours

= $1.5

Now the fixed cost is

= High manufacturing overhead cost - (High machine hours × Variable cost per hour)

= $198,000 - (110,000 hours × $1.5)

= $198,000 - $165,000

= $33,000

6 0
3 years ago
When should you include your GPA on your résumé?
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At the end of the resume
4 0
3 years ago
Read 2 more answers
A jet ski that previously sold for $5,599.99 has been reduced to $3,863.99. What is the markdown percent? (Round your answer to
tangare [24]

Answer:

31%

Explanation:

The current price is $3,863.99

The precious price is $5,599.99

The actual difference in price is  $5,599.99 - $3,863.99

=$ 1, 736.00

Percentage  decrease will be  actual decrease/ original price X 100

= $ 1736.00/ $5,599.99 x 100

=0.31 x 100

=31%

5 0
3 years ago
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