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kkurt [141]
3 years ago
15

Sky High Company has two​ departments, X and Y. The following estimates are for the coming​ year: X Y Direct manufacturing labor

minushours 50 comma 000 70 comma 000 Machineminushours 70 comma 000 50 comma 000 Manufacturing overhead $ 350 comma 000 $ 490 comma 000 The budgeted indirectminuscost driver rate for Y based on the number of machineminushours is in excess of X by​ ________. (Round interim and the final answer to the nearest​ cent.)
Business
1 answer:
Anni [7]3 years ago
4 0

Answer:

Predetermined manufacturing overhead rate= $9.8 per machine hour

Explanation:

Giving the following information:

Machine-hours= 50,000

Manufacturing overhead= $490,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 490,000/50,000= $9.8 per machine hour

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isabel and josh engage in a business transaction that leads to a dispute. isabel initiates a lawsuit against josh by filing a co
Inessa05 [86]

If isabel initiates a lawsuit against josh by filing a complaint. the sheriff serves josh with a summons. if josh chooses to ignore it: Isabel will have a judgment entered in her favor.

<h3>Dispute</h3>

Dispute occur when two or more parties in a contact agreement engages in an disagreement as a result of a business transaction  between the parties.

If the complainant which is Isabel initiated a lawsuit against josh the defendant by filing a complaint in which the  sheriff serves josh with a summons and josh refuse  to appear before the court  by ignoring this tend to mean that  Isabel will have a judgment entered in her favor before since josh chooses to ignore the summon.

Therefore if isabel initiates a lawsuit against josh by filing a complaint. the sheriff serves josh with a summons. if josh chooses to ignore it: Isabel will have a judgment entered in her favor.

Learn more about lawsuit here:brainly.com/question/14480857

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6 0
10 months ago
Assume that the interest rate is 4% compounded monthly. Roy buys 100 shares of Moogle company, at the market price of $30 per sh
Inessa [10]

Answer:

$30.61

Explanation:

Data provided in the question:

Annual Interest rate = 4% = 0.04

Since compounded monthly

Therefore,

Monthly interest rate, r = 0.04 ÷ 12 = 0.0033

Price per share = $30

Number of shares purchased = 100

Total value of shares purchased = $30 × 100

= $3,000

Therefore,

the amount borrowed = Total value of shares purchased

= $3,000

Amount to be paid after 6 months = Principle × ( 1 + r )ⁿ

= $3,000 × ( 1 + 0.0033  )⁶

= $3,060.50

Therefore,

The minimal value of S

= Amount to be paid after 6 months ÷ Number of shares

= $3,060.50 ÷ 100

= $30.605 ≈ $30.61

8 0
3 years ago
Salvatore and Annette are sales managers for Acme USA. Both work full-time in the Acme offices under the same manager, and share
harina [27]

Answer:

<em>A</em>

Explanation:

Acme classified Annette as an independent contractor and as such, isn't entitled to certain benefits as compared to Salvatore that was hired as an employee. A contracting staff's timing and work benefits are always limited in comparison to that of an actual employee.

6 0
3 years ago
Read 2 more answers
Which is NOT a reason for allocating internal costs to cost objects? a. To determine the amount to be reimbursed under a cost-re
katovenus [111]
Idknnbbbbbbbbbbbbbbbbbhhhhhhhhjnb
5 0
3 years ago
On December 31, Carmack Company received a $215 utility bill for December that it will not pay until January 15. The adjusting e
DerKrebs [107]

Answer:

1. Debit Utilities Expense $215; credit Accounts Payable $215.

Explanation:

The adjusting entry is as follows

On December 31

Utilities Expense A/c Dr $215

       To Accounts Payable A/c $215

(Being the accrued utilities expense is recorded)

Since the utility is an expense so it would be debited to the utility expense and the payment is not made till yet that would become a liability so we credited the account payable

8 0
3 years ago
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