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noname [10]
3 years ago
14

Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $ 302 comma 000$302,000. The manufacturing ov

erhead costs will be allocated based on direct labor hours. Gardner estimates 5 comma 0005,000 direct labor hours for the coming year. In​ January, Gardner completed Job​ A33, which used 5050 machine hours and 2323 direct labor hours. What was the amount of manufacturing overhead allocated to Job​ A33? (Round any intermediate calculations to the nearest​ cent, and your final answer to the nearest​ dollar.) A. $ 3 comma 020$3,020 B. $ 1 comma 389$1,389 C. $ 6 comma 040$6,040 D. $ 4 comma 409$4,409
Business
1 answer:
Ainat [17]3 years ago
8 0

Answer:

$140,309.20

Explanation:

The computation of the manufacturing overhead is shown below:

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

= $302,000 ÷ 5,000 hours

= $60.4

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 2,323 hours × $60.4

= $140,309.20

This is the answer but the same is not provided in the given options

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Alchen [17]

Answer:

$30 Favorable

Explanation:

Calculation for the activity variance for supplies cost in March

Using this formula

Activity variance = (Actual units - Budgeted units) * Variable cost

Where,

Actual units=856

Budgeted units=861

Variable cost=$6

Let plug in the formula

Activity variance=(856-861) * $6

Activity variance=5*$6

Activity variance=$30 Favorable

Therefore the activity variance for supplies cost in March would be closest to: $30 Favorable

8 0
3 years ago
In 3–5 sentences, describe how a consumer can use a cost-benefit analysis to decide between buying a concert ticket or buying a
OverLord2011 [107]
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5 0
3 years ago
Who here thinks that we should create a medium of this not unsimilar to yahoo answers, in which we could as general questions in
ANTONII [103]
Well, in my opinion, there should be a little category for that, but then again, that may require extra moderation. Also, the guide lines say to never include personal information. Everyday issues often include personal info. Mostly all of the everyday issues we have can call under the line of math, science, reading, language arts, music, so on.
4 0
2 years ago
What is the opportunity cost of an investment?
anzhelika [568]

Answer:

B. The value of the next most valuable opportunity.

Explanation:

The opportunity cost of an investment is the value of the next most valuable opportunity.

7 0
3 years ago
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The two biggest drawbacks or disadvantages of unrelated diversification are:___________.
lapo4ka [179]

Answer:

c. demanding managerial requirements and limited competitive advantage potential that cross-business strategic fit provides.

Explanation:

An unrelated diversification can be defined as a situation in which an existing business or company enters or invest in an entirely new business or industry that do not have any similarity whatsoever with its original business or product line. For example, an automobile manufacturing company that decides to acquire or invest in a clothing or shoe business.

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3 0
2 years ago
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