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Dominik [7]
3 years ago
11

Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginnin

g of the most recently completed year, the Corporation estimated the labor-hours for the upcoming year at 43,600 labor-hours. The estimated variable manufacturing overhead was $6.17 per labor-hour and the estimated total fixed manufacturing overhead was $1,245,216. The actual labor-hours for the year turned out to be 40,800 labor-hours. The predetermined overhead rate for the recently completed year was closest to:
Business
1 answer:
lana [24]3 years ago
6 0

Answer:

$34.73 per direct labor hour

Explanation:

Predetermined overhead rate

= Estimated manufacturing overhead / Estimated labor hour

= [$1,245,216 + ( 43,600 × $6.17 ) ] / 43,600

= [$1,245,216 + $269,012] / 43,600

= $1,514,228 / 43,600

= $34.73 per direct labor hour

Therefore, the predetermined overhead rate for the recently completed year was closest to $34.73 per direct labor hour.

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Sorry, I’m not sure so I don’t want to mislead you
5 0
3 years ago
Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports
Rudiy27

Answer:

37.00%

Explanation:

The computation of the weighted average contribution margin ratio is shown below:

Particulars                    Sporting Goods Sports Gear Total

Contribution Margin Ratio 30%                    50%  

Sales Mix - Weights         65%                     35%  

Weighted Contribution Margin 19.50% 17.50% 37.00%

We simply multiplied the contribution margin ratio with the sales mix weighted so that the weighted contribution margin ratio could come

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3 years ago
Exam Instructions
zavuch27 [327]

Answer:

the answer is C. department store

3 0
3 years ago
a conflict will exist between the npv and irr methods, when used to evaluate two equally risky but mutually exclusive projects,
Fiesta28 [93]

True-No conflict will exist between the NPV and IRR methods, when used to evaluate two equally risky but mutually exclusive projects, if the projects' cost of capital exceeds the rate at which the projects' NPV profiles cross.

<h3>What is NPV and IRR methods?</h3>

While the IRR approach calculates the projected percentage return, the NPV method produces the predicted dollar worth of a project.

Purpose. The breakeven cash flow level of a project is the emphasis of the IRR approach while project surpluses are the subject of the NPV method.

assistance with decisions. Since it provides a dollar return, the NPV approach delivers an outcome that serves as the basis for an investment decision. The IRR approach is not helpful in making this choice because its percentage return does not indicate to the investor how much money will be produced.

Reinvestment rate. When NPV is utilized, the firm's cost of capital is the assumed rate of return for reinvesting intermediate cash flows; when it is the internal rate of return.

To learn more about NPV and IRR methods from the given link:

brainly.com/question/21241533

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5 0
2 years ago
It is important to cook food to high enough temperatures so that a) the possibility of cross-contamination is greatly reduced. b
Feliz [49]

Answer:

d) pathogens are reduced and illness is prevented.

Explanation:

It is important to cook food to high enough temperatures so that pathogens are reduced and illness is prevented. Pathogens are organisms such as virus, fungi, bacteria, protozoa, worms that causes diseases to its host.

These pathogens are usually destroyed by heat, so it's necessary and important to properly cook food to a high temperature by grilling, boiling, frying, roasting and baking.

Furthermore, a hot-holding unit can be used to store food in order to reduce pathogens.

6 0
3 years ago
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