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
Rudiy27
3 years ago
11

Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year.

Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 120,000 500 orders Machine Setup Setups 297,000 450 setups Machining Machine hours 1,500,000 125,000 MH Assembly Parts 1,200,000 1,000,000 parts Inspection Inspections 300,000 500 inspections If overhead is applied using activity-based costing, the overhead application rate for ordering and receiving is:__________
A. $6,834 per order.
B. $240 per order.
C. $0.12 per part.
D. $1.20 per direct labor hour.
Business
1 answer:
Katen [24]3 years ago
6 0

Answer:

Predetermined manufacturing overhead rate= $240 per order

Explanation:

Giving the following information:

Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 120,000 500 orders

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

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

Predetermined manufacturing overhead rate= 120,000/500

Predetermined manufacturing overhead rate= $240 per order

You might be interested in
Salary is not always the most important factor when making a career choice
ZanzabumX [31]

If this is a TRUE/FALSE question, the answer is TRUE.

There are other factors to consider such as benefits, scope of the job, job fit, etc.

These things can be more important than having a large salary.

4 0
4 years ago
The city collects $3 million of taxes on behalf of the county in which it is located.
densk [106]
<span>It is called as Agency. This is the job of agency to collect the taxes on behalf of country. These agencies serve as the responsible unit of the state which helps with the intake of the government revenue through taxes and sometimes other than just taxes. Not just tax collection they also deal with tax evasion and audits.</span>
3 0
4 years ago
Costco Wholesale Corp. has FCFE of $2.00 billion in the most recent year. The cash flows are expected to grow at the annual rate
Svetlanka [38]

Answer:

a. $47.3 billion

Explanation:

The computation of the current value of the firm is as follows;

Value of Equity = FCFE × (1+ g ) ÷ (ke - g)

= $2 billion × (1 + 0.03) ÷ (0.12 - 0.03)

= $22.89 billion

Now  

Current Value of Firm = Market Value of equity + market Value of Debt

= $22.89 billion + $24.44 billion

= $47.3 billion

Hence, the current value of the firm is $47.3 billion

hence, the correct option is A.

7 0
3 years ago
"An adolescent is to receive radioactive iodine for Graves' disease. Which statement by the client reflects the need for more te
Juli2301 [7.4K]

Answer: d) "The advantage of radioactive iodine is that I will not need future medication for my disease."

Explanation:

The treatment of Graves disease using radioactive iodine is meant to destroy the thyroid gland so that the person will see a reduced function from it.

This means that after the treatment is used, a lot of patients will need a thyroid replacement and will have to keep receiving treatments to maintain.

Essentially the radioactive iodine is not the last medication that will be taken for Graves disease.

3 0
3 years ago
Purple Cab Company had 57,000 shares of common stock outstanding on January 1, 2021. On April 1, 2021, the company issued 27,000
natima [27]

Answer:

$3.58

Explanation:

Calculation to determine the basic earnings per share (rounded)

Using this formula

Basic earnings per share=Net income/(shares of common stock outstanding+(shares of common stock*9/12)

Let plug in the formula

Basic earnings per share=$276,915/(57,000 + (27,000 × 9/12))

Basic earnings per share=$276,915/(57,000+20,250)

Basic earnings per share=$276,915/77,250

Basic earnings per share= $3.58

(April 1 to December 31 =9 months)

Therefore Basic earnings per share is $3.58

6 0
3 years ago
Other questions:
  • Robin works for a small firm with only enough money budgeted to use one test to help with hiring decisions. What kind of test wo
    9·1 answer
  • By default, pasted charts will be
    5·1 answer
  • ABC Tax Planning Service started business in January 2018. The company rented an office for $5,400 per month starting from Janua
    6·1 answer
  • Based on Trompenaars's value dimensions, in which of the following cultures do managers separate their work and private lives, a
    7·1 answer
  • Jabari​ Manufacturing, a widgets manufacturing​ company, divides its production operations into three processeslong - Department
    13·1 answer
  • Fosters Manufacturing Co. warrants its products for one year. The estimated product warranty is 2% of sales. Assume that sales w
    7·1 answer
  • Compared with the sole proprietorship and partnership forms of business organization, the corporate form generally faces with __
    5·1 answer
  • "Development has a negative impact on our environment" Motivate why you agree with the
    9·1 answer
  • How many years will it take for an investment to increase by 3 times at an interest rate of 9% g
    15·1 answer
  • As a barrier to new entry, absolute cost advantages can be based on Group of answer choices control over low-cost inputs require
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!