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Amiraneli [1.4K]
3 years ago
8

10) Before the year began, Murphy Manufacturing estimated that manufacturing overhead for the year would be $175,500 and that 13

,000 direct labor hours would be worked. Actual results for the year included the following: actual manufactring overhead cost : 184,000 actual direct labor hours : 14500 the amount of manufacturing overhead allocated for the year based on direct labor hours would have been ?
Business
1 answer:
QveST [7]3 years ago
4 0

Answer:

Explanation:

What is given:

Budgeted overhead = 175,500

Budgeted labour hours = 13,000

So Budgeted overhead per hour = 175500/13000 = 13.5

Actual labor hours = 14,500

Amount of manufacturing overhead allocated for the year based on direct labour hours = 14,500*13.5 = 195,750

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31.Outdoor Sports paid $12,500 in dividends and $9,310 in interest over the past year. Sales totaled $361,820 with costs of $267
nikitadnepr [17]

Answer:

$70,056

Explanation:

Per the above information, we need to calculate first, the Earnings before interest and tax (EBIT).

Sales

$361,820

Less: costs

($267,940)

Less: Depreciation expense

($16,500)

Earnings before interest and tax (EBIT)

$77,380

The next step is to calculate the applicable tax rate.

Tax [$77,380 - $9,310] × 0.35

$23,824.50

We will then calculate the Operating cash flow.

Earnings before interest and tax (EBIT)

$77,380

Add back depreciation expense

$16,500

Less tax

($23,824.50)

Operating cash flow (OCF)

$70,056

Therefore, the amount of operating cash flow is $70,056.

7 0
3 years ago
Capital Chemicals Corp. recently faced a legal hassle following which many process operators resigned voluntarily. The company f
yulyashka [42]

Answer: (A) Dysfunctional turnover

Explanation:

 The Dysfunctional turnover is the term which is used to define about the voluntarily separation between the high skilled and the average skilled employees in an organization.

 According to the given question, the Capital Chemicals Corporation is basically faced the various types of legal hassle and due to this the organization feel the shortage of experienced and knowledgeable operators.

So, this type of scenario exemplify the Dysfunctional turnover for cope with the given situation in the company. Therefore, Option (A) is correct answer.

5 0
3 years ago
You�ve observed the following returns on crash-n-burn computer�s stock over the past five years: 17 percent, �4 percent, 20 perc
8_murik_8 [283]
Given:
average inflation rate: 2.7%
average t-bill rate: 5.4%
returns
17%
- 4%
20%
12%
10%

Average returns = (17% - 4% + 20% + 12% + 10%) / 5 = 11%

Average real risk-free rate using the Fisher equation.

 The average real risk-free rate was: (1 +R) = (1 +r)(1 +h)
f = <span>(1.054/1.027) – 1
f = 1.0263 - 1
f = 0.0263 or 2.63%</span>

The average real risk-free rate over this time period is 2.63%
4 0
3 years ago
Better writing helps make your efforts more ___________.A. effectiveB. analyticalC. complexD. None of the above
11111nata11111 [884]

Answer:

A. effective

Explanation:

As more and more one writes better, there will be communication of right message and ideas that will be passed across to the audience. As with other disciplines, continuous practice would make one to be better in terms of writing .There should also be search for knowledge which will assist to develop writing skills.

Through continuous writing, one's writing will be more effective having come across different hurdles. The hurdles here means challenges one would encounter at the beginning but which have now become Surmountable due to continuous practise.

7 0
3 years ago
Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more
Leto [7]
The correct answer is an <span>Intertemporal<span> choice.

</span></span><span>Saving money is an </span>Intertemporal choice.<span> because it involves less consumption in the present, but the ability to consume more in the future. Its a personal choice which people make accordingly depending on their needs, money and time.</span>
5 0
4 years ago
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