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kherson [118]
3 years ago
7

The following annual amounts pertain to ABC Company: Estimated Overhead Costs $ 101,988 Estimated Direct Labor hours 67,992 If a

ctual direct labor worked in February was 6,000 hours, how much overhead cost would be applied to work-in-process for the month
Business
1 answer:
maria [59]3 years ago
8 0

Answer:

applied overhead for February 9,000

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

expected overhead 101,988

estimated cost dirve 67,992

overheead rate:

\frac{101,988}{67,992}= Overhead \:Rate

Overhead rate = 1.5

Now, applied overhead:

driver usage x rate

6,000 labor hours x 1.5 per hour = $9,000

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Difference between Private and public Company company
HACTEHA [7]
A private company, the company's stock, or its net is spread amongst few people, usually people close to the CEO/Owner.
A public company, the company's stock is available to purchase to anyone, and can be spread world wide.
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Employee is related to
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Staff, worker, hired help
3 0
3 years ago
Your job includes ordering phone service for new employees. You are considering two phone plans. The first plan charges $23.35 p
BabaBlast [244]

Answer:

$34.68

Explanation:

The total cost by following the first plan will be the charge per months times  12 months

= $23.35 x 12

= $280.2

The total cost from the second plan will be the cost of the first three months at  $14.99 plus the cost of 9 months at $29.99

=($14.99 x 3) + ($29.99 x 9)

=$44. 97 +$269.91

=$314.88

The first plan is the better deal. It will save

= $314.88 - $280.2

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5 0
2 years ago
According to the following table, which of these factors affects your credit
Ludmilka [50]

Answer: New credit

Explanation:

8 0
2 years ago
On May 27, Hydro Clothing Inc. reacquired 75,000 shares of its common stock at $8 per share. On August 3, Hydro Clothing sold 54
marta [7]

Answer:

Journalize the transactions of May 27, August 3, and November 14.

Explanation:

                                       deb               cre

may-27 Treasury Stock            600000  

(75000*8)  

Cash                                             600000

   

ago-03 Cash                             594000  

(54000*11)  

Treasury Stock                               432000

(54000*8)  

Paid in capital for treasury stock         162000

   

nov-14 Cash                              147000  

(21000*7)  

Treasury stock                                    168000

(21000*7)  

Paid in capital for treasury stock 21000  

4 0
3 years ago
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