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
9966 [12]
3 years ago
5

Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The

Corporation has provided the following estimated costs for the next year:Direct materials...................................$6,000Direct labor.........................................$20,000Rent on factory building......................$15,000Sales salaries.....................................$25,000Depreciation on factory equipment......$8,000Indirect labor.......................................$12,000Production supervisor's salary.............$15,000Jameson estimates that 20,000 direct labor-hours will be worked during the year. The predetermined overhead rate per hour will be:A) $2.50 per direct labor-hourB) $2.79 per direct labor-hourC) $3.00 per direct labor-hourD) $4.00 per direct labor-hour
Business
1 answer:
soldier1979 [14.2K]3 years ago
8 0

Answer:

A) $2.50 per direct labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Estimated manufacturing overhead = Rent on factory building  + Depreciation on factory equipment + Indirect labor + Production Supervisor's salary

= $15,000 + $8,000 + $12,000 + $15,000

= $50,000

And, the estimated direct labor hours is 20,000

So, the rate is

= $50,000 ÷ 20,000

= $2.5 per direct labor-hour

You might be interested in
What is a disadvantage of using credit?
Rom4ik [11]
Not being able to pay it off is a big one.
 
5 0
3 years ago
Read 2 more answers
The amount businesses have left after paying their rent, interest on debt, and employee costs is called profits.
Levart [38]
False I’m pretty sure
7 0
3 years ago
Over a long period of time Sears has slipped from being America's largest retailer to struggling for survival in recent years. W
Kaylis [27]

Answer:

I think Sears need to stop diversifying its product too much and focus on improving internal human resources.

Explanation:

The largest expense that Sears made occurred during their effort to add more female customers to shop at their place.

Sears was known for  its DieHard, Craftsman and Kenmore brands that attract mostly male customers to their stores. They started “The Softer Side of Sears”  which focused on adding more products for female customers.

But, in the process of doing so, Sears neglected their already successful male products department with a lot of employees who sacrifice a lot of their time and effort into making Sears as big as it is.

In order to restore to its former glory, Sears need to stop focusing on new market with a lot of strong competitors and focused on improving skill set of employees in their successful department. They can do this by investing in their education, increasing the budget for their research and development, etc.

4 0
4 years ago
Many economists are worried that a high level of budget deficits may lead to inflationary monetary policies in the future. Could
castortr0y [4]

Answer: Yes, the budget deficit will have on the current rate of inflation.

Explanation:

If the budget deficits have inflated the monetary policy, therefore, the monetary policy will affect the short run of aggregate supply curve. In this scenario, large budget deficits will shift the curve upward due to the increase in expected inflation, which will surely make the current inflation rate to be higher.

3 0
3 years ago
Joe runs a restaurant. he pays his employees​ $200,000 per year. his ingredients cost him​ $50,000 per year. prior to running hi
nikklg [1K]
The cost of running the restaurant is $250000 per year
6 0
4 years ago
Other questions:
  • Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash f
    6·1 answer
  • What are the central concerns of economics?
    15·1 answer
  • Jackie deposited a $865.98 paycheck, a $623 stock dividend check, a $60 rebate check, and $130 cash into her checking account. h
    15·1 answer
  • Compute the overhead variances for the​ year: variable overhead cost​ variance, variable overhead efficiency​ variance, fixed ov
    13·1 answer
  • The biggest factor in determining the price of mortgage is
    12·1 answer
  • On December 1, Year 1, Jack's Snow Removal Company received $12,000 of cash in advance from a customer and promised to provide s
    7·1 answer
  • Sonic started as a sole proprietorship, then became a partnership, eventually grew to be a franchisor and later a public corpora
    11·1 answer
  • 3. Which of the following is a liability?
    15·1 answer
  • Magee Company's stock has a beta of 1.20, the risk-free rate is 4.50%, and the market risk premium is 5.00%. What is Magee's req
    6·1 answer
  • What does pito mean kids said i look like a pito
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!