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valkas [14]
3 years ago
7

Bonita Industries applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the und

er- or overapplication of overhead for the period: Estimated annual overhead cost $1700000 Actual annual overhead cost $1675000 Estimated machine hours 500000 Actual machine hours 490000 $1675000 applied and neither under-nor overapplied $1666000 applied and $9000 overapplied $1700000 applied and $9000 overapplied $1666000 applied and $9000 underapplied
Business
1 answer:
kotegsom [21]3 years ago
7 0

Answer:

$1,666,000 applied and $9,000 under-applied.

Explanation:

Given that,

Estimated annual overhead cost = $1,700,000

Actual annual overhead cost = $1,675,000

Estimated machine hours = 500,000

Actual machine hours = 490,000

Predetermined Overhead Rate:

= Estimated annual overhead cost ÷ Estimated machine hours

= $1,700,000 ÷ 500,000

= $3.40 per machine hour

Overhead Applied:

= Actual machine hours × Predetermined Overhead Rate

= 490,000 × $3.40

= $1,666,000

Under-applied Overhead:

= Actual annual overhead cost - Overhead Applied

= $1,675,000 - $1,666,000

= $9,000

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$1,035,459.51

Explanation:

First we must determine the issuing value:

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Answer: Gemma took a <em>values inventory </em>in her career explorations class. This indicated to Gemma that money and status may mean a lot to her, but she also finds it healthy to maintain a work-life balance. The correct answer is B.

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A values inventory is commonly given in school to help a student with their career goals. They are usually given a personality inventory, an aptitude assessment, and an interest inventory.

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Answer:

$1.25

Explanation:

dividend growth:

year               growth rate        dividends

1                          24%                  Div₁ = 1.24Div₀

2                         24%                  Div₂ = 1.24²Div₀ = 1.5376Div₀

3                         24%                  Div₃ = 1.24³Div₀ = 1.906624Div₀

4                          14%                  Div₄ = 1.906624Div₀ x 1.14 = 2.17355136Div₀

indefinite              8%                  Div₅ = 2.17355136Div₀ x 1.08 = 2.347435Div₀

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$86 = 85.48154Div₀

Div₀ = $86 / 85.48154 = $1.006065

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