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finlep [7]
3 years ago
13

Kenneth Corporation expects to incur indirect overhead costs of $166,400 per month and direct manufacturing costs of $22 per uni

t. The expected production activity for the first four months of 2013 is as follows.
January February March April
Estimated production in units 4,700 8,700 4,300 7,900


Required
a.
Calculate a predetermined overhead rate based on the number of units of product expected to be made during the first four months of the year.



b.
Allocate overhead costs to each month using the overhead rate computed in Requirement a.



c.
Calculate the total cost per unit for each month using the overhead allocated in Requirement b.
Business
1 answer:
Eva8 [605]3 years ago
5 0

Explanation:

The computation is shown below:

1.  For Predetermined overhead rate

Predetermined overhead rate = (Total estimated manufacturing overhead for 4 months) ÷ (Total number of units)

where,

Total estimated direct manufacturing cost is

= $166,400 × 4 months

= $665,600

And, the total number of units is

= 4,700 units + 8,700 units + 4,300 units + 7,900 units

= 25,600 units

So, the predetermined overhead rate is

= $665,600 ÷ 25,600 units

= $26 per unit

2. Now the allocated cost for each month is shown below:

For January

= 4,700 units × $26

= $122,200

For February

= 8,700 units × $26

= $226,200

For March

= 4,300 units × $26

= $111,800

For April

= 7,900 units × $26

= $205,400

c. Now the total cost per unit is

= $22 + $26

= $48 per unit

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Answer:

$200

Explanation:

As for the information provided,

Quality control rate = \frac{72,000}{1,200} =\ $60 per hour

Machine operation = \frac{150,000}{1,500} =\ $100 per hour

Material Handling = \frac{1,200}{30} =\ $40\ per batch

Miscellaneous Overhead = $\frac{57,000}{5,700} =\ $10 per hour

The order of 1,000 laser printers

Require:

Quality control cost = $60 \times 265 = $15,900

Machine operation = $100 \times 225 = $22,500

Material Handling = $40 \times 5 = $200

Miscellaneous Overheads = $10 \times 740 = $7,400

Therefore, correct option is:

$200

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3 years ago
Marlee mills owns a home in the village of Sheridan with a market value of $46,800. The assessed value of the home is $16,380. A
astra-53 [7]

Answer:

<em>=>  Danielle pay $573.3 in property tax</em>

Explanation:

To calculate the property tax of the house, we take the property tax rate multiply by the assessed value of the property.

=> <em>Property tax = Assessed Value x Property Tax Rate</em>

The assessed value estimate the market value for the property, however even when there is large gap between these two, the assessed value is still used to calculate property tax because it is its purpose.

So that Danielle pay in property tax:

<em>Property tax = 16,380 x 3.5 = 57,330 cent = $573.3 </em>

<em>=>  Danielle pay $573.3 in property tax</em>

<em />

5 0
3 years ago
Are policymakers susceptible to​ rent-seeking behavior? Explain. ​Rent-seeking behavior
Taya2010 [7]

The correct answer is D: May succeed when many voters are rationally ignorant.

Further Explanation:

Rent-seeking behavior can best be described a person lobbying for a particular business or person. Many times a politician is bribed to give a that business certain legislature rules/laws in favor for that company.

If logrolling is permissible, the rent seeking may be successful. Many times the this produces results that are not favorable to the public and can even be harmful. It really helps to understand the government policies when a person understands rent-seeking behavior.

Some ways a government may fail is;

  • rent seeking behavior
  • Regulatory capture
  • rational ignorance
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Learn more about rent-seeking behavior at brainly.com/question/13767756

#LearnwithBrainly

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What is the most accurate description of person-organization fit?
gavmur [86]

Answer: a match between an individuals personality and values, and those of the organization

Explanation:

8 0
2 years ago
Patriot Tools, a company that manufactures industrial tools, incurs higher costs because of its refusal to outsource its manufac
lina2011 [118]

Answer:

The options for this question are the following:

A) economic

B) legal

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