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ivolga24 [154]
3 years ago
7

O.K. Company uses a job order cost accounting system and allocates its overhead on the basis of direct labor costs. O.K. expects

to incur $2,000,000 of overhead during the next period and expects to use 50,000 labor hours at a cost of $10.00 per hour. What is O.K. Company's overhead application rate
Business
1 answer:
Vlada [557]3 years ago
7 0

Answer:

Predetermined manufacturing overhead rate= $0.4 per direct labor dollar

Explanation:

Giving the following information:

O.K. expects to incur $2,000,000 of overhead during the next period and expects to use 50,000 labor hours for $10.00 per hour.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

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

Predetermined manufacturing overhead rate= 2,000,000/ (50,000*10)

Predetermined manufacturing overhead rate= $0.4 per direct labor dollar

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On pay day, the employer deposits your NET SALARY into your bank account.
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7 0
3 years ago
If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities c
Hatshy [7]

If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities curve between x and y would be bowed outward.

The law of increasing possibility fee: As you increase the manufacturing of 1 appropriate, the opportunity fee to provide the additional precise will boom.

First, understand that opportunity price is the fee of the following-high-quality alternative when a decision is made; it's what's given up.

When the economy grows and all other matters continue to be steady, we are able to produce greater, so this will motivate a shift in the manufacturing opportunities to curve outward, or to the proper.

Learn more about production here: brainly.com/question/26460726

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5 0
10 months ago
An Amazon seller is deciding which of their products to invest in for the next quarter to maximize their profits. They have each
Aleksandr [31]

This question is about the sales strategy for online selling portal Amazon.

An Amazon seller is identifying strategy to revive its declining sales. The seller wants to maximize its revenue by adopting optimum product mix for next quarter.

The maximum profit can be calculated using the following :

maxProfit (k , profit): n = len(profit) rotate = n // 2

windowSum = float('-inf') iterator = 0

Conclusion: The products which are showing positive trend in the market should be placed visible for the next quarter. The products products profit is estimated to be equal to cost to invest which the price of product plus its launching expense.

Formula: The maximum profit a seller can achieve through this strategy is (k , profit):

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Learn more Business at brainly.com/question/26144002

8 0
2 years ago
The period before a trial takes place is called the
nadezda [96]

Answer:

The answer would be A.

Explanation:

Discovery process, finding the facts.

4 0
2 years ago
The total length of your apartment is 30 feet and the total width is 20 feet. What is the total area of the apartment?
gavmur [86]

Answer:

The answer should be 600

Explanation:

30x20=600

6 0
3 years ago
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