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Alekssandra [29.7K]
3 years ago
13

makes handheld calculators in two​ models: basic and professional. Aragon estimated $ 819 comma 500 of manufacturing overhead an

d 745 comma 000 machine hours for the year. The basic model actually consumed 260 comma 000 machine​ hours, and the professional model consumed 485 comma 000 machine hours. Requirements 1. Compute the predetermined overhead allocation rate using machine hours​ (MHr) as the allocation base. 2. How much overhead is allocated to the basic​ model? To the professional​ model?
Business
1 answer:
irina [24]3 years ago
6 0

Answer:

Overhead absorption rate = $1.1 per machine hour

Allocated overhead:

<em>Basic model = </em><em>$286,000</em>

<em>Professional model = </em><em>$533,500</em>

Explanation:

<em>Under absorption costing product are cost using the full cost which is the variable cost plus the fixed production overhead.</em>

<em>Overheads are charged to the units produced by using a predetermined rate called Overhead absorption rate</em>.

Overhead absorption rate (OAR) = Budgeted Overhead for the period / Budgeted machine hours

OAR = $819,500/745,000 machine hours

OAR = $1.1 per machine hour

Allocate overhead to products

Allocated overhead = OAR× actual machine hours used for production

<em>Basic model = $1.1 ×260,000 = </em><em>$286,000</em>

<em>Professional model = $1.1 × 485,000 = </em><em>$533,500</em>

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Which of the following scenarios makes Tim liable for undue influence? a. He uses a false identity, borrows $10,000 from Kelly,
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Option C , Tim takes advantage of his grandmother's illness and persuades her to sign a will leaving all her property to him.

Explanation:

A individual who demonstrates excessive control may always be someone who has a special connection with the testator who has had the ability to render the testator vulnerable who affected by terms of danger, difficulty, manipulation.

Undue interference occurs mainly in areas of probate, trust and properties, power of attorney and custody.

Indecent influence is not usually a crime in itself, but it can be a means of committing a crime, including exploitation, fraud, domestic abuse and sexual assault.

8 0
3 years ago
Producer surplus is defined as the:difference between a price floor and the market price.gap between the supply curve and the ma
klemol [59]

Answer:

Gap between the supply curve and the market price.

Explanation:

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Producers surplus = Actual market price - Willingness to accept the price

Graphically, it is the area between the upper portion of supply curve and the market price.

7 0
3 years ago
If a taxpayer does not have enough taxes withdrawn from her paychecks throughout the year to equal the total tax she is required
polet [3.4K]

Answer:

$209

Explanation:

Since Mary's estimated annual income taxes are $5,424, then to determine the amount that should be withheld every two weeks, all we need to do is divide her total estimated taxes by 26 weeks = $5,424 / 26 weeks = $208.62 ≈ $209. generally you do not include cents in tax filings or payments, you need to round up or down. In this case you need to round up, even software rounds the amounts to the nearest dollar.  

6 0
4 years ago
Read 2 more answers
1. Production in insurance refers to the policies they produce: * True or False?
frosja888 [35]

Answer:

false

Explanation:

8 0
2 years ago
Suppose that there are two independent economic factors, F1 and F2. The risk-free rate is 3%, and all stocks have independent fi
yarga [219]

Answer:

Rp = 3% + BP1 * 10.42% + BP2 * 6.1%

Explanation:

Portfolio A:

R_p = R_f + Beta1*Factor1 + Beta2*Factor2

32% = 3% + 1.6*F1 + 2*F2

Portfolio B

29% = 3% + 2.6*F1 - 0.2*F2

Solvig the equatios

3% = -F1 + 2.2*F2

F1 = 2.2F2 - 3%

F1 = 2.2F2 - 0.03

Substituting

29% = 3% + 2.6*(2.2F2 - 0.03) - 0.2F2

29% = 3% + 5.72F2 - 0.078 - 0.2F2

5.52F2 = 29% - 3% +0.078

5.52F2 = 0.26 +0.078

5.52F2= 0.338

F2 = 0.338/5.52 = 0.061

F1 = 2.2F2 - 0.03 = 2.2(0.061) - 0.03

    = 0.1042

The return Beta relationship in this economy  Rp = 3% + BP1 * 10.42% + BP2 * 6.1%

3 0
3 years ago
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