Answer:
Allocated MOH= $283,650
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 310,000 / 20,000
Predetermined manufacturing overhead rate= $15.5 per machine hour
<u>Now, we can allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 15.5*18,300
Allocated MOH= $283,650
Answer:
c) $86,823
Explanation:
The balance in the lease payable after two years will be: $86,823
Answer:
$8,000
Explanation:
The computation of the depreciation per units or bolts under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($33,000 - $3,000) ÷ (60,000 units)
= ($30,000) ÷ (60,000 units)
= $0.5 per unit
Now for the 2015 year, it would be
= Production units in second year × depreciation per bolts
= 16,000 units × 0.5
= $8,000
Answer:
$1731692.97
Explanation:
FV (end of 34 years) = (7863*(1.118)^9) * (1.192)^25 = $1731692.97