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
Vladimir79 [104]
4 years ago
14

Gilchrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginni

ng of the most recently completed year, the Corporation estimated the machine-hours for the upcoming year at 79,000 machine-hours. The estimated variable manufacturing overhead was $7.38 per machine-hour and the estimated total fixed manufacturing overhead was $2,347,090. The predetermined overhead rate for the recently completed year was closest to:
Business
1 answer:
Lubov Fominskaja [6]4 years ago
3 0

Answer:

Predetermined OH rate is $37.09

Explanation:

Firstly, we need to get the value for predetermined Fixed OH rate.

Predetermined Fixed OH rate = Estimated Fixed overhead / Estimated machine hours

= $2,347,090 / 79,000

= $29.71 per machine hour

Predetermined OH rate = Predetermined Fixed OH rate + Predetermined Variable OH rate

= $29.71 + $7.38

= $37.09

Therefore, the predetermined OH rate is $37.09

You might be interested in
A passenger on a cruise ship was injured by a rope thrown while the ship was docking. The passenger was sitting on a lounge chai
Kruka [31]

Answer:

Following are the solution to this question:

Explanation:

The crew is forbidden to connect with visitors on the ship. The protection of a ship holds the crew close watch day and night. It doesn't mean that dalliances don't happen, but if a crewman is caught and convicted, the next port seems to be the start of the ship. Therefore the traveler ought to be able to claim damages in this issue, nobody has informed the traveler of apparent danger.

8 0
3 years ago
Durango Co. pays 40% of its accounts payable in the month of purchase and 60% the following month. Durango Co. expects to purcha
gregori [183]

Answer:

The amount of $64,000 which is should be D (Durango) budget for cash disbursement for the inventory in the month of November

Explanation:

The amount which is should be D budget for cash disbursement for the inventory in the month of November is as:

Amount = 60% of purchase of October + 40% of purchases of November

where

60% of purchase of October = 60% × $40,000

= $24,000

60% of purchase of October = 40% × $100,000

= $40,000

So, putting the values above:

Amount = $24,000 + $40,000

Amount = $64,000

7 0
4 years ago
48. A retail store sells CDs for $15.00. If the cost per CD is $11.00, what is the store's markup on selling price? A. 66% B. 27
Anika [276]

The selling price given as = $ 15

The cost per CD is = $ 11

The total profit = Selling price - Cost

Total profit per CD = $ 15 - $ 11

Total profit per CD = $ 4

The markup on selling price is calculated as - Total profit ÷ Selling price × 100

Markup on selling price = $ 4 ÷ $ 15 × 100 =26.6666 % or 27 %.

4 0
3 years ago
Read 2 more answers
Courtney is a self-employed consultant (a business activity). This year her consulting activity generated $19,500 of revenue and
Sonja [21]

Answer:

Revenue and expenses is recorded on Schedule C

Net income is recorded on front page (line 12) of her individual tax return

Explanation:

Courtney records the revenue of her consultancy or business activity as income and records the expenses of her consultancy or business activity for AGI on her Schedule C. She will record her net income given by the diffence between the revenue and expenses

Mathematically.

net income = revenue - expenses

net income = $ (19,500 - 1,500) = $ 18,000

Her net income of $ 18,000 from her  consultancy or business activity is recorded on the front page (line 12) of her individual tax return

5 0
4 years ago
Which of the following sentences with internal sentence interrupters use correct punctuation? Check all that apply. The VP of fi
Flura [38]

Answer:

The correct answer is The VP of finance, not the CFO, works with the departmental managers to develop internal budgets. and Our graduates, having had two full semesters of workplace communication, always do well in the job market.

Explanation:

We use the sentence interruoters to indicate information that is not relevant to the sentence. This information, not being important, must be separated by two commas.

What is inside the comma <u>should not interfere with the final meaning of the sentence and its understanding</u>. We could remove that part and the sentence should continue to make sense.

In this case we have the following sentences:

<em>The VP of finance, not the CFO, works with the departmental managers to develop internal budgets. </em>

<em>Our graduates, having had two full semesters of workplace communication, always do well in the job market. </em>

Let's see what happens if we remove what is located between the commas:

<em>The VP of finance works with the departmental managers to develop internal budgets. </em>

<em>Our graduates always do well in the job market. </em>

As we can see, both sentences still make sense, which indicates that this information was not relevant and was well punctuated by being located between two commas.

8 0
4 years ago
Other questions:
  • Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $30,000,000 of 10-year, 10% bonds at a mark
    14·1 answer
  • At one of the new Mountain View Community College campuses, administrative staff members are
    5·1 answer
  • Emma, the marketing mangers, is constantly seeking information about her competition while looking online or speaking to people.
    9·1 answer
  • Bill has just returned from a duck hunting trip. He brought home eight ducks. Bill’s friend, John, disapproves of duck hunting,
    9·2 answers
  • Kevin white is known for his demanding leadership style. he charged into the office one afternoon and demanded that a detailed r
    7·2 answers
  • A gold ring selling for $1845 is reduced by 30% after Valentine's Day. Find the reduced price of the ring. To find a price after
    10·2 answers
  • On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,050 in assets in exchange for i
    5·1 answer
  • Pick one of the three policies to address pollution that are listed below (these are covered in chapter 15, section 15.3) and de
    12·1 answer
  • Yahir wants to become an Actor. What are the most helpful examples of milestones for this goal? Check all that apply.
    8·1 answer
  • The CFO is not responsible for which of the following departments? Check all that apply.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!