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Fiesta28 [93]
3 years ago
8

Zephyros Corporation had estimated manufacturing overhead costs for the coming year to be $301,000. The total estimated direct l

abor hours and machine hours for the coming year are 7000 and 13,000, respectively. Manufacturing overhead costs are allocated based on direct labor hours What is the predetermined overhead allocation rate? (Round your answer to the nearest cent.)
A. $15.05 per direct labor hour
B. $1.86 per machine hour
C. $43.00 per direct labor hour
D. $23.15 per machine hour
Business
1 answer:
snow_lady [41]3 years ago
7 0
B, hope that helped you pass
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A-public policy

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Jiminy’s Cricket Farm issued a 30-year, 6 percent semiannual bond three years ago. The bond currently sells for 93 percent of it
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a. What is the pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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Explanation:

we must first determine the bond's yield to maturity:

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6 0
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You are the manager of a gas station in a small town, and your goal is to maximize profits. Based on your experience, the elasti
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<span>a. </span>No. Since the good that I am selling is inelastic considering the elasticity given in and outside Texas, having a lower price than non-Texan gas stations would have less impact on the quantity demanded.

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Download docx
7 0
3 years ago
The Meyers CPA firm has the following overhead budget for the year: Overhead Indirect materials $ 370,000 Indirect labor 1,705,0
Veseljchak [2.6K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Total manufacturing overhead=  $ 2,986,000

The firm estimates total direct labor cost for the year to be $1,866,250.

The firm uses direct labor cost as the cost driver to apply overhead to clients.

1) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 2986000/1866250= $1.6 per direct labor $

2) the firm worked for many clients; data for two of them follow: Gargus account Direct labor $ 3,200

Feller account Direct labor $ 9,200

Allocated MOH= Actual amount of allocation base*Estimated manufacturing overhead rate

Gargus overhead= 3200*1.6= 5120

Feller= 9200*1.6= 14720

3) Total cost Gargus= 3200 + 5120= $8,320

TC Feller= 14720 + 9200= $23,920

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3 years ago
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