1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Safari Co. was organized to sell a single product that carries a 45-day warranty against defects. Engine 7% of the units sold wi
vovangra [49]

Answer:

A. $5,460

Explanation:

Expected rate of defects = 7%

Average repair cost = $70

Total sales = 1,200 units

Actual defective units = 6

Liability for product warranties (L) at month-end should be the difference between the expected warranty costs (EW) and the actual warranty (AW) costs:

EW = 0.07*1,200*\$70 = \$5880\\AW = 6*\$70 =\$420\\L = \$5880 - \$420\\L= \$5460

Liability for product warranties at month-end should be $5,460.

6 0
4 years ago
On June 1, 2019, James places in service a new automobile that cost $40,000. The car is used 60% for business and 40% for person
Rina8888 [55]

Answer:

The answer is given below;

Explanation:

As per Section 179 of IRS ,the maximum cost recovery shall be $25,000 for the vehicle if the vehicle is used more than 50% for business and its weight is between 6,000 pounds GVWR and 14,000 pounds GVWR.

We assume that weight of vehicle is between 6,000-14,000 pounds and the vehicle is 60% used in business. Further the vehicle is in service before 31 December 2019.Therefore the cost recovery deduction shall be $25,000 in 2019

6 0
4 years ago
Sellograph Corporation reports sales of $10 million for Year 2, with a gross profit margin of 40%. 20% of Sellograph's sales are
Schach [20]

Answer: b.

Explanation:

4 0
3 years ago
Acti Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year:
docker41 [41]

Answer:

Total disbursement 892,000

Explanation:

Nomvember cash disbursement for raw materials

Nomvember purchase 860,000 x 60% = 516,000

ocober purchase 940,000 x 40% = 376,000

Total disbursement 892,000

6 0
3 years ago
FlanCrest Enterprises is a mid-sized auto supply company that manufactures electronic components for cars. It has approximately
Nadusha1986 [10]

Answer: d. Control, because they are attempting to minimize labor costs

Explanation:

By trying to reduce labor costs, FlanCrest is engaging in a Control HR Strategy that will see them control the costs being expended on human resources.

This case shows how Controling activities such as cost cutting can be done to keep customers because if FlanCrest did not do what they did, they might have lost Widespread Motors as customers.

7 0
4 years ago
Other questions:
  • In one or two sentences, describe how the first-come, first-served distribution method works.
    10·2 answers
  • Suppose that identical duopoly firms have constant marginal costs of $10 per unit. Firm 1 faces a demand function of q1=100-2p1+
    7·1 answer
  • "what is the most common reason that a ceo is terminated"
    8·1 answer
  • Ezra runs a gyro stall at the local farmers' market. He would like to expand and open his own shop downtown. He has made the cha
    7·1 answer
  • Gemstone designs and creates luxury items like jewelry and hair accessories. It sells its merchandise only through Francone's, a
    14·1 answer
  • I need help on this this is 22 points I need help on question 7&8
    13·1 answer
  • Dry Gulch Farms hires Elliot to repair its irrigation system on site on a certain date for $2,500, but Elliot does not show up a
    14·1 answer
  • Randy owns and rents a residential duplex that he purchased 17 years ago in the month of May. The purchase price was $250,000. D
    15·1 answer
  • Which of the following is NOT one of the components of a firm's business model?
    5·1 answer
  • When a company wants to design a new wireless headset it invited a group of interested users to comment on and try out various p
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!