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attashe74 [19]
3 years ago
5

Edwards Auto Body uses a job order cost system. Overhead is applied to jobs on the basis of direct labor hours. During the curre

nt period, Job No. 337 was charged $425 in direct materials, $475 in direct labor, and $190 in overhead. If direct labor costs an average of $16 per hour, the company's overhead application rate is:________
A. $40 per direct labor hour.
B. $17.50 per direct labor hour.
C. $6.40 per direct labor hour.
D. $7.27 per direct labor hour.
Business
1 answer:
-BARSIC- [3]3 years ago
7 0

Answer:

C) $6.40 per direct labor hour.

Explanation:

The overhead application rate is used to estimate the manufacturing overhead for a specific project or reporting period.

overhead application rate = direct labor cost per hour / (total direct labor costs / total overhead costs)  

overhead application rate = $16 / ($475 / $190) = $16 / $2.50) = $6.40

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Armando has a summer job hand-dyeing shirts that will be sold on the boardwalk. He is paid $5.00 per shirt. Armando is being pai
netineya [11]

Answer:

Pay for Performance

Explanation:

Pay for Performance is the strategy which is being referred to as the pay strategy where the evaluations or computations of the individual or the business performance have the influence on the pay amount bonuses or the increases provided to each and every employee.

So, in this case, the person is paid on the performance of the person as he will be paid on the $5 per shirt.

7 0
3 years ago
For an output level below qe, the value of a unit to a buyer is the cost of a unit to a seller. suppose a firm that produces for
Aloiza [94]

Answer:

an externality, market failure

Explanation:

The company in this case has a par production because the cost to the seller is the same as the benefit to the buyer. Now the company is dumping chemicals that are affecting people in the community that do not patronise them. The chemicals cause poisoning of wildlife and harms health of nearby residents.

This characterised an externality that is the dumping of chemicals affecting the residents in the community.

It is also a market failure because while the company is not making profit they are also harming the society where they operate.

8 0
3 years ago
The sides of a triangle measure 4, 6, and 7. If the shortest side of a similar triangle is 12, what is the perimeter of the larg
kogti [31]

Answer:

51

Explanation:

12 divided by 4 is 3 so we'll multiply all of the smaller triangle by 3.

4 x 3 = 12

6 x 3 = 18

7 x 3 = 21

12 + 18 + 21 = 51

7 0
3 years ago
Novak Corp. has 44,000 shares of $11 par value common stock outstanding. It declares a 11% stock dividend on December 1 when the
Sliva [168]

Answer: The answer has been provided below

Explanation:

From the information given in the question, the number of shares that are allotted as stock dividend will be:

= 44,000 × 11%

= 44,000 × 0.11

= 4840

Stock dividend:

= 4840 × $19

= $91960

The common stock dividend shared:

= 4840 × $11

= $53240

4 0
3 years ago
A used car can be kept for two more years and then sold for an estimated $3000, or it could be sold now for $7500. The average a
Sergio [31]

Answer:

b. Buy new car because EUAC of challenger is $4,904 and EUAC defender is $5,111.

Explanation:

If the used car is kept its current worth is $7,500. The maintenance for next two years will be $1,800 and $2,000. The total maintenance expense for next two years will be 3,800. The net book value for car after two years will be $7,500 - 3,800 = 3,700.

The car can then be sold for $3,000. There will be net loss of $700 value of the car. The new car cost $22,000 but all maintenance cost is saved. The best option then is to buy new car.

3 0
3 years ago
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