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Sergeu [11.5K]
3 years ago
7

XYZ CORP HAS THE FOLLOWING DATA: BUDGETED OVERHEAD $168,000 BUDGETED MACHINE HOURS (DRIVER) 35,000 ACTUAL MACHINE HOURS: JOB 17

11,700 JOB 18 9,750 JOB 19 13,650 JOB 20 3,900 JOBS 17, 18 & 19 WERE FINISHED. JOB 17 WAS SOLD. TOTAL ACTUAL OVERHEAD = $189,000. WHAT IS ACTUAL OVERHEAD IN FINISHED GOODS? (ASSUME OVERHEAD VARIANCE ALLOCATED AMONG WIP, FG AND COGS) ACTUAL OVERHEAD FG_________
Business
1 answer:
SVETLANKA909090 [29]3 years ago
8 0

Answer:

The Actual overhead in finished goods is $ 113,400

Explanation:

In order to calculate the ACTUAL OVERHEAD IN FINISHED GOODS we would have to use the following formula:

Actual overhead in finished goods= overheads allocated to job 18 and 19 + underapplied overheads allocated finished inventory

Actual overhead in finished goods=(($9,750+$13,650)/($11,700+$9,750+$13,650+$3,900)*$168,000) + ($23,400/$39,000* ($189,000 - ($39,000*$168,000/$35,000))

= $112,320 + $1,080

= $ 113,400

The Actual overhead in finished goods is $ 113,400

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EB10.
SpyIntel [72]

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.

8 0
3 years ago
In planning their wedding, a couple creates a website that will allow friends and relatives to donate money to their honeymoon e
Mekhanik [1.2K]

Answer: c. Crowdfunding

Explanation: Crowdfunding is funding by many individuals pooling their money together for a common goal, usually via the Internet. The required amount for the project is raised by pooling small sums of money from a large number of people. Each individual acts as an agent of the offering, by selecting and promoting the projects in which they believe in. A wide range of profit-based ventures such as creative projects, medical expenses, travel etc. have employed crowdfunding as a means of sourcing funds.

6 0
3 years ago
In a certain economy, jam and bread are produced, and the economy currently operates on its production possibilities frontier. W
valkas [14]

Answer:

C. The economy experiences economic growth.

Explanation:

When the economy is already working on the production possibility frontier the economic agents are already employed and working on full optimization.

In case of economic growth the production possibility frontier shifts upward and results in producing more jam and bread.

5 0
3 years ago
Perhaps the most important reason that u.s. companies have moved industrial production abroad is?
nignag [31]

Perhaps the most important reason that u.s. companies have moved industrial production abroad is that the labor of the other nation is paid the low wages than the labor wages in US.

Job outsourcing occurs when U.S. companies hire the foreign workers instead of Americans.

Job outsourcing can help American companies to compete in the economy by keeping prices low, but simultaneously it has a negative effect on

America has lost local jobs to different countries labor such as  China, Mexico, India, and other countries with lower wage standards.

Companies outsource domestically as well , they do not rely on the other countries completely U.S. employment but they have been increasing their reliance on freelancers or  temp workers, as well as the part-timers.

To know more about job outsourcing here:

brainly.com/question/4129759

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8 0
2 years ago
An increase in the money supply might indicate that the Fed had
Umnica [9.8K]
You’re answer would be D love!
4 0
3 years ago
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