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
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

You might be interested in
Who wants free coins!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LUCKY_DIMON [66]

Answer:

MEEEEEEE

Explanation:

TYSM

3 0
3 years ago
Read 2 more answers
After a recent spike in violent crime, the local police department wants to spend $550,000 on a new crime fighting initiative. I
Verizon [17]

Answer:

c.

6.1 percentage points.

Explanation:

Ratio shows proportion of a number to other number or sum of all the numbers. Percentage is a ratio which is expressed as fraction of 100.

Human Life Worth = $9 million = $9,000,000

Spending on Fighting initiative = $550,000

Take ratio of spending by the worth of human life

Ratio = Spending / Worth = $550,000 / $9,000,000 = 0.061 = 6.1%

It reduces the risk of someone dying from crime by at least 6.1%.

4 0
3 years ago
The Japanese method of organizing for product design features: a. teams. b. product managers (champions). c. distinct department
Dvinal [7]

Answer:

The correct option is D, a single organization without subdivisions or individual teams.

Explanation:

Typically organizations are divided along functions and divisions.

A functional structure consists of different departments such as production,marketing ,finance.supply chain,maintenance, human resources and so on,with each function saddled with distinct responsibilities and having its own performance metrics.

Under a divisional structure, the firm is divided into division based on location or products with each division having different functions under it.

However, the Japanese method does not support divisionalization or departmentalization, instead advocated for an organization where everyone irrespective of specialty is seen as a member of a single team

8 0
3 years ago
Which one of the following statements regarding partnership taxation is incorrect?
Arisa [49]

Answer:

A partnership is a taxable entity for Federal income tax purposes.

5 0
2 years ago
The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward
Sliva [168]

Answer: B. Fundamental weighting.

Explanation:

A fundamentally weighted index refers to a type of equity index whereby the components that are chosen based on the fundamental criteria like the dividend rates, book value, revenue, dividend rates, etc.

Fundamental weighting is the index weighting which results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced.

3 0
3 years ago
Other questions:
  • You have been a BCBA for over 5 years and decide to take on some additional work in the evening, supervising students seeking ho
    13·1 answer
  • He software which controls the basic workings of the computer system is called a(n _____.
    10·1 answer
  • Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn
    15·1 answer
  • Income is generated through the ______ of goods and services. In the United States, ________ of all income takes the form of wag
    5·1 answer
  • How are foreign exchange rates determined
    13·1 answer
  • Proprietorships are by far the most common type of business, yet they account for a very small percentage of all sales compared
    7·1 answer
  • Michael Angelo's Pepperoni Mini Calzones are easy-to-prepare snacks, but the manufacturer believes customers are not buying the
    11·1 answer
  • At the start of the current year, a company paid for the following in cash: Copyrights, $2,000,000 Equipment, $25,000,000 Goodwi
    6·1 answer
  • when your colleague says, "i’ll go along with whatever is best for you" she is showing what interpersonal conflict management st
    7·1 answer
  • If prices are rising, which inventory cost flow method will produce the lowest amount of cost of goods sold?.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!