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alexandr402 [8]
3 years ago
8

EB10.

Business
1 answer:
SpyIntel [72]3 years ago
8 0

Answer:

$34 per hour

Explanation:

Direct labor hour s:

= Labor cost ÷ Rate per hour

= $36,550 ÷ $17

= 2,150 Direct labor hours

Predetermined overhead rate :

= Overhead applied on the basis of direct labor hour ÷ Number of hours

= $73,100 ÷ 2,150 hrs

= $34 per hour

Therefore, the predetermined overhead rate using the labor rate of $17 per hour is $34 per hour.

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ValentinkaMS [17]

Answer: $5,440

Explanation:

When using the percent of sales method to determine bad debts, the company estimates a percentage that it believes will results in uncollectible debt and then applies it to the sales/revenue figure. The figure that is calculated is then debited along with the debit balance on the Allowance for doubtful accounts to the Bad debts account for the year and credited to the Allowance for doubtful accounts.

This company estimates that they will have 0.6% of credit sales uncollectible.

There are also $790,000 in sales of which all are on credit.

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= 790,000 * 0.6%

= $4,740

This figure is then added to the debit amount on the Allowance for Uncollectible Accounts.

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Note; A debit balance on the Allowance for doubtful debt account signifies that the bad debts were higher than anticipated the last time. This is why the figure is added to the current bad debts expense.

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3 years ago
You can have your cake or chose to eat it
Oksi-84 [34.3K]

Answer:

Exclude people from your property

4 0
2 years ago
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how would a significant increase in consumption and economic activity among a nations consumers affect the nation economy
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podryga [215]

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A type of market in which the winner takes everything clearly implies that the best competitors are those who take a large proportion of rewards while the worst little or nothing. To say that it is determined by their relative performance, refers to the subjects receiving rewards based on their performance in relation to the other competitors.

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