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kicyunya [14]
3 years ago
6

The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000. Bardot Marine manufactures two types

of boats: speedboats and bass boats. The speedboat and bass boat each require 12 direct labor hours for manufacture. Each product is budgeted for 250 units of production for the year. a. Determine the total number of budgeted direct labor hours for the year. direct labor hours b. Determine the single plantwide factory overhead rate. $ per dlh c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboats $ per unit Bass boats $ per unit
Business
1 answer:
Olenka [21]3 years ago
5 0

Answer: the total number of budgeted direct labor hours for the year. - 600 DLH

the single plantwide factory overhead rate- $100 per DLH

the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboats $ per unit Bass boats $ per unit--- For Both Products $1,200

Explanation:

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The ultimate economic burden of a tax is best captured by: A. the marginal tax rate. B. the effective tax rate. C. the average t
Musya8 [376]

Answer:

B

Explanation:

The ultimate economic burden of a tax is best captured by the effective tax rate, which is the average rate at which an individual is taxed on earned income or at which a corporation is taxed on profits before tax.

8 0
3 years ago
On April 17, 2024, the Loadstone Mining Company purchased the rights to a copper mine. The purchase price plus additional costs
mojhsa [17]

The depletion for 2021 is $1,028,000 .

No, depletion is not considered part of the product cost and isn't included in the cost of inventory

<h3>Depletion per ton</h3>

1. Depletion per ton = $4280000/1070000

                = $4 per ton

Depletion for 2021 = 257000 tons*$4

               = $1,028,000

Therefore, The depletion for 2021 is $1,028,000 .

2. Depletion is not considered as part of the product cost, It is shown as an expense on the income statement and reduced from the value of the natural resource and so it is equivalent to the depreciation of assets.

Therefore, No, depletion is not considered part of the product cost and isn't included in the cost of inventory

To learn more about Depletion visit the link

brainly.com/question/14117351

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8 0
1 year ago
In some states, real estate agents are legally required to A. hire home inspectors to perform pre-sale inspections. B. appraise
Doss [256]
D.back up the claims their clients make about home conditions
6 0
3 years ago
What is the present value of a security that will pay $17,000 in 20 years if securities of equal risk pay 5 nnually? round your
ivolga24 [154]

The present value of a security that will pay $17,000 in 20 years if securities of equal risk pay 5 annually is $13,320.

A financial calculation known as present value, commonly referred to as discounted value, assesses the value of a future sum of money or stream of payments in today's dollars after accounting for interest and inflation. In other words, it contrasts the purchasing power of one dollar today with that of one dollar in the future.

PV = FV/(1+r) ^n

Where, PV = Present value

FV = Future value

r = R/100

R = interest or discount rate

n = number of periods or years

Now,

PV = 17000/{1+(5/100)} ^5

PV = 17000/1.2762815625

PV = 13,320

Hence, present value is $13,320.

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3 0
2 years ago
The expense that a manufacturing firm Incurs in the form of wages to its labor falls under the category of Reset Next​
Korolek [52]

Answer:

Cost of Goods Sold( COGS)

Explanation:

Costs of goods sold ( COGS)or cost of sales is the expense incurred in manufacturing goods sold in a period. COGS is composed of the direct cost incurred in manufacturing goods sold by a business. The direct cost includes direct materials, labor, and direct overhead costs. Direct labor is the total of wages and salaries paid to workers involved directly in the production process.

Calculation of the cost of goods sold involves adding beginning inventory to purchases and subtracting the ending inventory.

5 0
3 years ago
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