1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
artcher [175]
3 years ago
12

At the beginning of the accounting period, Nutrition Incorporated estimated that total fixed overhead cost would be $50,600 and

that sales volume would be 10,000 units. At the end of the accounting period, actual fixed overhead cost amounted to $56,100 and actual sales volume was 11,000 units. Nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price.
Based on this information the predetermined overhead rate is:

a) $5.61. b) $5.06. c) $4.60. d) $5.10.
Business
1 answer:
miss Akunina [59]3 years ago
7 0

Answer:

d) $5.10.

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = Actual fixed overhead cost  ÷ actual sales volume

= $56,100 ÷ 11,000 units

= $5.10

Since the predetermined overhead cost use the sale price so we considered only the actual fixed overhead cost and the actual sales volume

And, by applying the above formula we can get the predetermined overhead rate

You might be interested in
Toby operates a small deli downtown. the deli industry is monopolistically competitive. toby says he is producing the quantity t
evablogger [386]
Here is the answer that completes the statement above.
Regarding the situation of Toby who runs a small deli downtown, if he is already maximizing his profits, therefore, we can say that the number or amount of delis will soon increase or rise. Hope this answers your question.
5 0
3 years ago
Cozy Nights Industries manufactures down-filled comforters and uses activity-based costing. The following information is provide
yuradex [85]

Answer:

the total manufacturing cost per comforter is $120.4

Explanation:

The computation of the total manufacturig cost per comfortor is as follows:

= Cost × activity consumed ÷ Total activity

For material handling

= $12,600 × 4 ÷ 4,200

= $12

For Assembly

= $55,440 × 4 ÷ 4,200

= $52.8

For packaging

= $10,920 × 4 ÷ 1,050

= $41.6

And, the direct material cost is $14

So, the total manufacturing cost per comforter is

= $12 + $52.8 + $41.6 + $14

= $120.4

Hence, the total manufacturing cost per comforter is $120.4

This is the answer but the same is not provided in the given options

3 0
3 years ago
The objective of a statistical process control​ (SPC) system is to A. provide a statistical signal when natural causes of variat
marysya [2.9K]

Answer:

D. provide a statistical signal when assignable causes of variation are present

Explanation:

The objective of a statistical process control​ (SPC) system is to provide a statistical signal when assignable causes of variation are present

7 0
3 years ago
Goods with many close substitutes tend to have a. more elastic demands. b. less elastic demands. c. price elasticities of demand
kotykmax [81]

Answer:

The correct answer is a. more elastic demands.

Explanation:

There are some goods whose demand is very price sensitive, small variations in their price cause large variations in the quantity demanded. It is said of them that they have elastic demand. The goods that, on the contrary, are not sensitive to price are those of inelastic or rigid demand. In these large variations in prices can occur without consumers varying the quantities they demand. The intermediate case is called unit elasticity.

The elasticity of demand is measured by calculating the percentage by which the quantity demanded of a good varies when its price varies by one percent. If the result of the operation is greater than one, the demand for that good is elastic; If the result is between zero and one, its demand is inelastic.

The factors that influence the demand for a good to be more or less elastic are:

1) Type of needs that satisfies the good. If the good is of first necessity the demand is inelastic, it is acquired whatever the price; On the other hand, if the good is luxurious, the demand will be elastic since if the price increases a little, many consumers will be able to do without it.

2) Existence of substitute goods. If there are good substitutes, the demand for good will be very elastic. For example, a small increase in the price of olive oil can cause a large number of housewives to decide to use sunflower.

4 0
3 years ago
A company has net credit sales of​ $1,200,000, beginning net accounts receivable of​ $290,000, and ending net accounts receivabl
7nadin3 [17]

Answer:

Days of receivable will be 75 days

Explanation:

We have given net credit sales = $1200000

Net account receivable at the beginning = $290000

And receivable at the ending = $201000

Average receivable =\frac{290000+201000}{2}=$245500

Now receivables turnover ratio =\frac{credit\ sales}{average\ receivable}=\frac{1200000}{245500}=4.888

Days of receivables = \frac{365}{4.888}=74.67=75days

8 0
3 years ago
Other questions:
  • Brenda is a new employee orientation trainer for a global corporation with subsidiaries all over the world. She needs to convey
    9·1 answer
  • Julia​ Paul, an analyst at a research​ institute, lives very close to her office and walks to work every day.​ Meanwhile, her​ c
    5·1 answer
  • The sales tax rate is 7.4 find the tax paid for a pair of shoes with of list price of 93
    5·1 answer
  • Tax refunds:
    6·1 answer
  • Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of L-Ten, Triol, and Pioze. A
    6·1 answer
  • Goods that are created and used domestically are __________.
    5·2 answers
  • The use of debt is called A. financial leverage. B. production leverage. C. operating leverage. D. total asset turnover risk. E.
    11·2 answers
  • Select the correct statement from the following, assuming Camacho Company had a favorable direct materials price variance of $2,
    8·1 answer
  • An isoquant is a curve that shows A. all the output levels that can be produced from a given set of inputs. B. all the combinati
    5·1 answer
  • The CJ Company reported that during the last month 50,000 units were completed and transferred out, and 3,600 units were in endi
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!