Hi there
First find Predetermined oH rate
Predetermined oH rate is
total estimated overhead divided by
estimated direct labor
Predetermined oH rate=
450,000÷180,000
=2.5
the amount of overhead to be allocated to finished goods inventory if there is $20,000 of total direct labor cost in the jobs in the finished goods inventory is
2.5×20,000
=50,000. ...answer
Good luck!
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Answer:
a) Spaghetti
Explanation:
Dollar value means the actual amount raised from selling. In this case,
spaghetti will have dollar sales of:
=340 x $12
=$4,080
Steak
=212 x $16
=$3,392
Therefore, spaghetti has higher dollar sales.
Answer:The answer is $17,387.67
Explanation:
Let Principal = P, Rate = R% per annum, Time = n years
Amount = P ( 1 + R/100)∧n
P = $800, R = 7.4%, n = 24
A = 800 ( 1 + 7.4/100)∧24
A = 800 ( 1 + 0.074)∧24
A = 800 ( 1 .074)∧24
A = 800 (5.547569512)
A = 800× 5.5475569512
A = $4,438.05
Deposit made at 39th birthday
P = $800, R = 7.4%, n = 39
A = 800 ( 1 + 7.4/100)∧39
A = 800 (1 + 0.074)∧39
A = 800 (1.074)∧39
A = 800 (16.187022604)
A = 800× 16.187022604
A = $12,949.62
How much is in the IRA when Bob retires will be
$4,438.05 + 12,949.62
= $17,387.67
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