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almond37 [142]
3 years ago
12

Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's pro

duction costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied $6,000. The overhead application rate was:
Business
2 answers:
yawa3891 [41]3 years ago
5 0

Answer:

The overhead application rate was = 20% of direct labor cost

Explanation:

<em>Overheads are charged to units produced by the means of using an estimated overhead absorption rate. This rate is computed using budgeted overhead and budgeted activity level.</em>

<em>The overheads absorption rate</em>

<em> = (Budgeted overhead for the period /budgeted labour cost) × 100</em>

<em>P.O.A.R =  Applied overheads = POAR × actual labour cost</em>

6,000 = P.O.A.R ×  30,000

P.O.A.R = 6,000/30,000 = 20%

The overhead application rate was = 20% of direct labor cost

Lunna [17]3 years ago
4 0

Answer:

The overhead application rate was: $0.20 per direct labor cost

Explanation:

The overhead application rate is used to apportion the factory overheads to jobs or departments

The overhead application rate = Budgeted Overheads / Budgeted Activity

                                                    = $6,000/$30,000

                                                    = $0.20 per direct labor cost

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creativ13 [48]

Answer:

The correct answer is True.

Explanation:

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The automatic aspect of Business Intelligence should not go unnoticed. Daily information monitoring allows you to evaluate performance, monitor inventory and track expenses in real time.

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NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

4 0
2 years ago
g Crowding out may occur when fiscal policy involves Question 28 options: A) either increases in government purchases or tax cut
aniked [119]

Answer: D. increases in government purchases.

Explanation:

Crowding out may occur simply due to expansionary fiscal policy that is, a situation wherby the government wants to increase the money in circulation and also increase its expenditure. This can lead to the government borrowing funds.

Crowding out may occur when fiscal policy involves increases in government purchases. This borrowing in turn, affects the money that will be available to the private investors as there'll be lesser funds for them.

4 0
2 years ago
In Florida it is customary for the seller to pay the document tax on the deed. If the sale price is $115,000, how much will the
Dennis_Churaev [7]

Answer:

805

Explanation:

The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:

Document tax=(Sale value/100)*0.70

Sale value=$115,000

Document tax=(115,000/100)*0.70

                       =1,150*0.70

                       =805

4 0
3 years ago
How much are these nails<br> have an estimate?
patriot [66]
If I had to guess I would have to say ( based on the design ) they would be around $35-$50.
8 0
2 years ago
During October the plant produced 8,000 ingots and incurred the following costs: a. Purchased 33,000 pounds of materials at a co
goldfiish [28.3K]

Answer: Total Variable Costs = $110130

Explanation:

The question in incomplete. Requirements were not provided in the question, as a result it is not clear what the question requires us to do. We will assume the question requires us to calculate Total variable costs since There is nothing in the question that talks about fixed costs.

Total Variable Costs

Manufacturing costs

Direct Material Per pound = $2.95

Direct Material used  = 27800 pounds

Direct Material Cost = 27800 x 2.95 = $82010

Direct Labor

Direct Labor cost per hour = $6.20

Direct Labor hours = 3800

Direct Labour Cost = 3800 x $6.20 = $23560

Variable Manufacturing overhead cost = $4560

Total Variable Costs = Direct Material cost + Direct labor costs + Variable Manufacturing overhead

Total Variable Costs = $82010 + $23560 + $4560

Total Variable Costs = $110130

7 0
3 years ago
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