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
Svetllana [295]
3 years ago
14

Assume that Roth’s accountants are expected to work a total of 8,000 direct labor hours in 2018. Roth’s estimated total indirect

costs are $96,000 and the allocation base used is direct labor hours. Requirements What is Roth’s predetermined overhead allocation rate? What indirect costs will be allocated to Client 507 if Jack Smith, an accountant at Roth Accounting, works 15 hours to prepare the financial statements?
Business
1 answer:
xz_007 [3.2K]3 years ago
8 0

Answer:

$12 and $180

Explanation:

The computation of the predetermined overhead rate is shown below:

As we know that

The predetermined overhead rate is

= Estimated total indirect cost  ÷ expected direct labor hours

= $96,000 ÷ 8,000

= $12

And, the indirect cost is

= Predetermined overhead rate × number of hours

= $12 × 15

= $180

We simply applied the above formula

You might be interested in
According to the liquidity premium theory of the term structure of interest rates, if the one-year bond rate is expected to be 4
KatRina [158]

Answer:

Interest rate on the a three year bond =5.5%

Explanation:

one-year bond rate expected = 4%, 5%, 6% for the next three years

liquidity premium on a three year bond = 0.5%

number of years = 3

The interest rate on the a three year bond can be calculated as

= liquidity premium + ( summation of bond rates for the next three years/number of years )

= 0.5 + ( (4+5+6)/3)

= 0.5 + ( 15/3)

= 0.5 + 5  = 5.5%

4 0
3 years ago
When the news was dominated by only three networks and a handful of national papers, the news sources tended to be _____________
harkovskaia [24]

More moderate. Now there are more organizations that focus on a far left or far right audience and their coverage is more polarized/biased toward their opinion that in the past.

5 0
3 years ago
Globalization in the corporate age enables people who do not have health insurance to take advantage of medical tourism, medical
Vesnalui [34]
Globalization​very useful for health insurance to take advantage of medical tourism, medical tourism is traveling
7 0
3 years ago
A Bathtub model of the start of the Great Depression would show the water level becoming lower with Investment inflow being less
Aneli [31]

Answer:

LESSER THAN

Explanation:

During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression

4 0
3 years ago
What is a disadvantage of government bonds?
hjlf
None of those answers are suitable to me.

Government bonds are generally regarded as low-risk and they typically have modest (low) interest rates for return on investment, and these are advantages really. So we can discount answer A, C, and D.

I guess you could say that bonds can be hard to find (Answer B) but this not really true. There is always a bond market to trade bonds on. It requires setting up a trading account or speaking to a broker so this can be more difficult than putting money in a bank account, but to be honest I don't think any of those answers are appropriate for the question.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Fave Motion Pictures sells movie tickets for $ 15 per movie patron. Variable costs are $ 9.00 per movie patron and fixed costs a
    15·1 answer
  • "what kinds of misunderstanding are likely to arise between an american company and a saudi enterprise, neither of which has exp
    6·1 answer
  • A government has the following debt: Capital lease liabilities that mature in more than one year (General Fund department leases
    7·1 answer
  • Noah graduated with his B.A. in early childhood education in December, but public schools are not hiring until spring.
    13·1 answer
  • A division of a manufacturing company has a return on investment of 24%. The division has an opportunity to accept a project tha
    15·1 answer
  • In December 2014, Todd, a cash basis taxpayer, paid $1,200 fire insurance for the calendar year 2015 on a building he held for r
    14·1 answer
  • Which of the following statements is a valid critique of rational choice theory?A. People will rarely choose the acceptable opti
    5·1 answer
  • The roles of internal auditors<br>​
    6·1 answer
  • Accenture is helping a retail company increase efficiency in the management of customer transactions, payment processing, and an
    8·1 answer
  • A fire and emergency services organization's records management system may be used to?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!