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
tester [92]
3 years ago
14

Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and

applied overhead). What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost

Business
1 answer:
Fiesta28 [93]3 years ago
5 0

Answer:

Some financial details with which to calculate the bid price are missing,find them in the attached question.

The bid price if the predetermined overhead rates have applied is $112,473.00 as shown below

Explanation:

a) Plantwide Overhead Rate = Manufacturing overhead/direct labor cost=$1,543,610.00/$947,000.00

Plantwide Overhead Rate = $1.63

Total Manufacturing Cost = Direct Material + Direct Labor + overhead applicable

Total Manufacturing Cost = $18,700.00+$21,400.00 + $(21400*1.63 )

Total Manufacturing Cost = $ 74,982

Bid Price = Total Manufacturing Costs *1.5(150%)

Company's Bid Price = $74,982.00*1.5

Company's Bid Price = $ 112,473.00

You might be interested in
Which is NOT an example of an expense a) advertising b)insurance c)dividends d)depreciation
docker41 [41]

Answer:

c. dividends

Explanation:

not payable... so

7 0
3 years ago
For a 13-person team, how many extra workers should be hired to meet the labor hours needed without overtime
Paha777 [63]

For a 13-person team, The number of extra workers that should be hired to meet the labor hours needed without overtime is 7.

<h3>What is Labor hours?</h3>

This is a term that connote the total hours of workers that are said to be having or getting an hourly wage and they are the ones who are said to be directly employed on the site of a building, public works project, etc.

Note that "Labor hours" is one that entails hours of work that has been carried out  by workers who have been employed by the general contractor or the subcontractors  that are found to be working on the project.

Learn more about labor hours from

brainly.com/question/24868261

8 0
2 years ago
____________ is best defined as a statistical procedure, which involves quantitatively pooling the data from a group of independ
Ludmilka [50]
The meta-analysis is the best represent as a statistical action, that which involves quantitatively pooling the data from a group of independent studies that have studied the same or similar clinical problems, by using the same or similar research methods.
3 0
3 years ago
Ms. Marilynn Castillo is a marketing manager at Gordon Corp. She debates whether or not to conduct a marketing research study be
Ipatiy [6.2K]

Answer:

The correct answer is letter "B": cost-benefit assessment.

Explanation:

Cost-benefit assessment implies analyzing what the costs and benefits of engaging in business are. The approach aims to minimize losses and maximize benefits. It does not necessarily imply there are not going to be losses during the business cycle but could reduce them as much as possible.

3 0
3 years ago
True or False: Through the use permission marketing programs, customers are allowed to select the type of communications compani
Ulleksa [173]

The given statement is true.

Customers may pick the kind of communications that businesses can have with them via usage permission marketing programs, and they can even opt to be fully removed from both email and conventional mailing lists.

Clickstream selling is the practice of making recommendations for additional purchases on websites based on previously purchased products. Businesses put a lot of effort into lowering the percentage of current customers who leave and never come back.

Consumers now have more influence over communication thanks to the emergence of new technologies. Websites monitor visitors using tools like cookies, pixels, and fingerprinting to analyze browsing habits and deliver tailored information.

To learn more about Clickstream selling  visit:brainly.com/question/28273918

#SPJ4

5 0
1 year ago
Other questions:
  • Single-industry resource towns built around either excavating raw materials like coal or lumber or transporting them by train te
    15·1 answer
  • Explain the roles of demand and supply in changing gasoline prices after hurricane katrina and rita
    9·1 answer
  • George recently purchased a computer from HardDigits Inc., a firm that sells assembled desktop computers and other electronic pr
    8·1 answer
  • "The media doesn't tell us what to think, but it tells us what to think about" describes the _____ function of the media.
    5·1 answer
  • At a price of $3.50 per loaf, a bakery is willing to supply 450 loaves of bread per week. At a price of $4.00 per loaf, the bake
    8·1 answer
  • Damien Carranza is an nonexempt employee of Verent Enterprises where he is a salesperson, earning a base annual salary of $30,00
    10·1 answer
  • Serrano, a clothing and apparel company, suffered major losses when one of its warehouses was destroyed in a fire mishap. In an
    14·1 answer
  • Western Electric has 31,500 shares of common stock outstanding at a price per share of $78 and a rate of return of 13.05 percent
    7·1 answer
  • Indicate which of the following items would be reported in the balance sheet. A. Net income D. Accumulated depreciation G. Inter
    15·1 answer
  • Beatrice invests $1,410 in an account that pays 3 percent simple interest. How much more could she have earned over a 4-year per
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!