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Black_prince [1.1K]
2 years ago
11

Lowden Company has an overhead application rate of 165% and allocates overhead based on direct material cost. During the current

period, direct labor cost is $66,000 and direct materials used cost $74,000. Determine the amount of overhead Lowden Company should record in the current period.
Business
1 answer:
AlekseyPX2 years ago
6 0

Answer:

The amount of overhead that Lowden should be recorded in the current period = 165% * $74,000  =   $122,100

Explanation:

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Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".

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3 years ago
Ted purchased an annuity today that will pay $1,000 a month for five years. He received his first monthly payment today. Allison
victus00 [196]

Answer:

The correct option is E,Ted's annuity has a higher present value than Allison's

Explanation:

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The only correct statement is option E,since Ted is expected to receive $1000 today, his annuity has a higher present value compared to Allison's

7 0
3 years ago
A survey by the World Bank indicates that of the companies surveyed; unfortunately, only 30 percent have board-approved policies
creativ13 [48]

Answer:

False

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3 years ago
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The solution to this problem is not tedious or complicated

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3 0
3 years ago
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