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Natasha_Volkova [10]
3 years ago
5

CWN Company uses a job order costing system and last period incurred $89,000 of actual overhead and $100,000 of direct labor. CW

N estimates that its overhead next period will be $66,000. It also expects to incur $100,000 of direct labor. If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be:
Business
1 answer:
swat323 years ago
5 0

Answer:

Predetermined overhead rate for the next period is $0.66 per $1 of labor cost

Explanation:

Predetermined overhead rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is applied. It is a rate at which the overhead is applied to a product / project/ department.

Predetermined overhead rate = Expected overhead / Expected activity

Predetermined overhead rate = Expected overhead / Expected direct labor cost

Predetermined overhead rate = $66,000 / $100,000

Predetermined overhead rate = $0.66 per $1 of labor cost

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Mademuasel [1]
The amount of money needed now to begin the perpetual payments is
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The amount that would need to have been deposited 25 years ago is
P=A÷(1+r)^t
P=300,000÷(1+0.05)^(25)
P=88,590.83
6 0
4 years ago
Compare a market operating at a quantity lower than equilibrium with the same market operating at the equilibrium quantity. Whic
topjm [15]

Answer:

a.) the economic surplus is greater at the equilibrium quantity.

Explanation:

This is correct because at lower production levels a dead weight is created of the potential surplus that is not obtained either for producer nor consumers. At equilibrium, the maximum surplus is achieved and is allocated among producers and consumers

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3 years ago
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3 years ago
A segment of Mega Inc. manufactures and sells blankets. The various models of blankets are produced in a single factory using st
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Answer:

c.  profit center

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4 0
3 years ago
22) BS Company is considering eliminating the following product line: Product AXP Sales $ 80,000 Less variable costs: Raw materi
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Answer:

Avoidable costs= $60,000

Explanation:

Giving the following formula:

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8 0
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