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zmey [24]
3 years ago
10

Stopher Incorporated makes a single product. The company has a standard cost system in which it applies overhead to this product

based on machine-hours. Data for last year appear below: budgeted variable overhead $ 45,220 budgeted production 20,000 units standard machine-hours per unit 1.90 machine-hours actual production 21,000 units actual variable overhead $66,789 actual machine-hours 36,900 machine-hours The variable component of the predetermined overhead rate is closest to:
Business
1 answer:
DaniilM [7]3 years ago
5 0

Answer:

$1.19 per machine-hour

Explanation:

Variable component of the predetermined overhead rate =

Budgeted variable overhead $ 45,220

÷

Budgeted production 20,000 units ×Standard machine-hours per unit 1.90 machine-hours =38,000

Hence:

$45,220/38,000 machine-hours

= $1.19 per machine-hour

Therefore the variable component of the predetermined overhead rate is closest to: $1.19 per machine-hour

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Many companies now focus on reducing defects in finished products with the goal of zero defects. This is called _____.
Ber [7]

Answer: This answer is A. total quality management.

Explanation:

A. total quality management - This is a term used to describe a situation where all business functions are involved in a process of continuous quality improvement. It is also the continuous process of detecting and reducing errors to the barest minimum. All parties involved are held accountable for the overall quality of the final product or service. Four costs are associated with TQM, which are prevention costs, appraisal costs, internal failure costs and external failure costs.

B. Activity-based costing aims to provide management with a simplified method of introducing and managing "process and organization change". It can also be seen to include activity analysis, cost driver analysis, continuous improvement, operational control and performance evaluation.

C. Balanced scorecard is a strategic performance tool that is used by managers to track the performance of their subordinates.

D. Value chain connotes all business processes that are involved in providing a product or service.

8 0
2 years ago
Read 2 more answers
Question #5
andrey2020 [161]
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3 0
2 years ago
Depreciation: Is the process of allocating to expense the cost of a plant asset. Measures the decline in market value of an asse
Bess [88]

Answer:

A. Is the process of allocating to expense the cost of a plant asset.

Explanation:

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

Depreciation is the process of allocating to expense the cost of a plant asset.

7 0
2 years ago
Using Apple as the company, how can this organization benefit from the four business intelligence capabilities? Identify the spe
luda_lava [24]

The four capabilities of a business intelligence can be divided into:

  • data presentation
  • data analysis
  • data ingestion
  • data foundation.

<h3>What is a business intelligence?</h3>

This refers to the technology that allows analyzing of data and delivering of  actionable information that can helps executives, managers and workers make informed business decisions.

The system of business intelligence is vital for business because it allows them to have an insight into what their competitors are doing and  to allows informed & educated decisions for plans.

The business intelligence would improve Apple's Customer Service function because it helps to gain better understanding of customers. For instance, it help to predict the future buying behavior of a customer.

In conclusion, the system thus increases the overall customer satisfaction by improving interactions with your customers and understanding their needs.

Read more about business intelligence

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7 0
1 year ago
Privo Co. purchases a machine that cost $15,000. Privo estimates a 5-year life with no salvage value. The first three years of d
Ierofanga [76]

Answer:

Double-declining balance method

Explanation:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 20%

Now the rate is double So, 40%

In year 1, the original cost is $15,000, so the depreciation is $6,000 after applying the 50% depreciation rate

And, in year 2, the depreciation is ($15,000 - $6,000) × 40% = $3,600

And, in year 3, the depreciation is ($15,000 - $6,000 - $3,600) × 40% = $2,160

6 0
3 years ago
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