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3 years ago

The following data pertain to the Oneida Restaurant Supply Company for the year just ended.

Business

1 answer:

dimulka [17.4K]3 years ago

8 0

Answer:

Predetermined overhead rate = Budgeted manufacturing rate/Allocation base

a. Machine hours

= 364,000 / 8,000

= $45.5

Predetermined overhead rate = $45.5

Direct-labor hours

= 364,000 / 20,000

= $18.2

Predetermined overhead rate = $18.2

Direct-labor dollars

Budgeted labor hours = 20,000 * $14 = $280,000

Predetermined overhead rate = 364,000 / $280,000 = $1.3

b. Machine hours

Manufacturing overhead applied = Actual machine hours * Predetermined overhead rate = $45.5 * 11,000 = $500,500

Over/Under applied overhead = 336,000 - 500,500

Over-applied overhead = $164,500

Direct-labor hours

Manufacturing overhead applied = Actual direct-labor hours * Predetermined overhead rate = $18.2 * 18,000 = $327,600

Over/Under applied overhead = 336,000 - 327,600

Under-applied overhead = $8400

Direct-labor dollars

Manufacturing overhead applied = Actual direct-labor hours * Actual direct-labor rate * Predetermined overhead rate

Manufacturing overhead applied = 18,000 * $15 * $1.3 = 351,000

Over/Under applied overhead = 336,000 - 351,000

Over-applied overhead = $15,000

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The capital investment evaluation method that subtracts the initial investment from the discounted future net cash flows from th

lidiya [134]

Answer: net present value

Explanation:

7 0

2 years ago

Tan Corporation issued $600,000,000 of 7% bonds on November 1, 2015, for $644,636,000. The bonds were dated November 1, 2015, an

jonny [76]

Answer:

Interest Expense $6,446,360

Interest Payable $7,000,000

Explanation:

Interest Expense for the year =

Issued amount * Effective interest rate * $\frac{Remaining months in the year}{Total months in the year}$

$644,636,000 * 0.06 * 2/12 = $6,446,360

Interest Payable =

Face Value of the bond * Interest rate * $\frac{Remaining months in the year}{Total months in the year}$

$600,000,000 * 0.07 * 2/12 = 7,000,000

7 0

3 years ago

How would you analyze three business tenets someone e is considering to invest in company stock? What data would you use? How wo

Volgvan

If e, is considering to invest in company stock, 1st tenets should be input and output, Data of raw materials , processing data of that particular raw materials and output of finished goods,calculate the time taken for product as finished goods, Marginal cost, Descriptive statistics.2nd tenets data calculation of cash inflow and outflow, net profit , operating, income statement and balance sheet.3rd tenets Sales data time series analysis, ARIMA analysis and forecasting.

Explanation:

Business is simple and understood only, When you understand about the product yourself,If you want to start a business in a fitness drink people should be aware of ingredients of a fitness drink that's how the business become simple, ingredients in all business.
Even if you dont understand Business if it is not that simple look into there management there prospectus, Who is there internal auditor which is SWOT in there Accounting. How strong are they able to curtail there operating cost.
There are three types investment in business Large cap, Mid cap or diversified cap. Blue chip companies stay long term but less return vise/versa.
Data for business, P.E ration, IRR, CAPM, ROI, Ratio Analysis, Financial modelling and analytical mind.

6 0

3 years ago

According to economists, when two people make the exactly opposite decision:

disa [49]

Answer:

b. each person evaluates the situation according to his/her individual self-interest.

Explanation:

This can be generally seen in ancient and modern form of economics where in the course of their works, they can end up countering themselves in the midst of a project.

Here, or in a case of such, a great part of economics deals and accommodates psychology an the both economics that have probably found themselves in the field are expected to evaluate the situation according to each others self interest; especially when knowing the risks, pros and negative effect of the activities that is been carried out.

Secondly, this model is a useful measurement device by which economic situations can be evaluated and also levels of competition that exist in real markets can be checked.

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3 years ago

Does each Subway $5 Footlong cost the franchisee more than $5? Subway, the fast food restaurant franchise, recently announced it

g100num [7]

Once upon a time there was a american male named NF. He was the lord of the flies. He ruled all flying insects and he used them against his enemies. Which were humans and spiders. You see, humans kill all bugs that they see... and spiders feed on whatever FLIES into their web. In NF's eyes, they were his insects' natural predators. So what he would do is get a group of flying insects (that contains like 100,000 a pack) and when humans try to attack or swat at them in any way... they would eat all the flesh of the bones on their face in 2.5 seconds. His buddies were so dangerous and well known that this was a worldwide thing. Nf wasn't always a man with a giant army behind him. He grew up poor... living on a bus stop. No mom. No Dad. Nf was so filthy, that bugs had surrounded him everywhere he went. At nighttime, when he was bored, he'd always talk to insects. And his imagination was so big, That he thought they talked back. He was a ten at the time. Sometimes, when he asked for money, younger children used to laugh at him and called him “dirty boy.” He was walking to school one day. And a teacher had noticed him... she called out "where are your parents?". He didn't respond... but walked faster. She tried her best to keep up with him... but she couldn't. "WAIT NF.. HOW ARE YOU RUNNING SO FAST!!" She had reached the limit on her rusty old car. Which was only ninety-five miles per hour. His teacher got out of her vehicle and put her glasses on... and saw what was really going on. A huge group of insects (his lil crew) had been flying him. She had a heart attack and died once she realized what was really going on. There was a tale going around that when they found the body (body?), there was no meat... or no skin. Nf was then considered a very dangerous boy because he was the last one to see her before her death day. They had absolutely no evidence on how he committed the murder, but still... he was guilty. HE WAS ARRESTED AT THE AGE OF TEN. No prisoner had enough guts to even go near him. HE SERVED 2 YEARS FOR SOMETHING HE NEVER DID. He never had faced hunger... because his flies used to come in and bring him food. One day a police officer had discovered the group of flies on their way to the young boy. Police officer Pete was frightened and shot that bad boy twice. BOOM!! BOOM!! He hurt 500 flies. And because of the speed of the bullet... it had broken through the metal bars... and shot NEAR Nf's face. He was afraid. And cried for help. A pack of police officers had rushed through the door and saw officer Pete lying on the ground. Dead. No meat. No skin. No living thing besides NF. The flies had disappeared . How? No one ever knew (at the moment). But they rewinded the security cameras. And saw exactly what happened. NF was set free out of jail. Everyone that saw him called him “Lord of the Flies”. They tried to put him into a foster home.... but the flies quickly picked him up.The people didn't even bother to chase after him. Or try to find him. They knew that THOSE "INSECTS" were his bestest buddies. The word flew around quickly. Don't overthink the situation. Nf was no super villain or anything... he was just simply The Lord of the Flies.

5 0

3 years ago