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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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k0ka [10]

Services act as a middleman, allowing individuals to securely send and receive money is A. p2p

<h3>How to illustrate the information?</h3>

It should be noted that p2p simply means the peer to peer platform that allows two individuals to be able to interact directly without the third party.

Peer-to-peer (P2P) lending eliminates the need for a middleman financial institution by allowing borrowers to get loans directly from other borrowers. P2P lending has become much more popular as a substitute for traditional funding thanks to websites that make it possible.

It should be noted that they act as services that act as a middleman, allowing individuals to securely send and receive money.

Therefore, the correct option is A.

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7 0
1 year ago
In general terms, how would a change in investment opportunities affect the payout ratio under the residual payment policy?
adell [148]

Companies with residual dividend policies priorities paying capital expenditures out of earnings.

<h3>What is payout ratio?</h3>

The payout ratio, which is calculated as a percentage of the firm's total earnings, demonstrates the part of earnings that a company distributes to its shareholders in the form of dividends. By dividing the total dividends given out by the net income made, the computation is arrived at.

For dividend investors, the dividend payout ratio is a crucial indicator. It demonstrates how much of a company's earnings are distributed to investors. The higher that number, the less cash a corporation has left over to fund dividend growth and corporate expansion.

Companies with residual dividend policies priorities paying capital expenditures out of earnings. Any unused revenues are then used to pay dividends. Long-term debt and equity are often both parts of a company's capital structure.

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6 0
1 year ago
Some of your senior employees have started changing important information in a new call script. Newer employees have noticed, an
gregori [183]
The answer is b,c and e
5 0
3 years ago
Read 2 more answers
A rightward shift in the demand curve for tennis balls could be caused by Group of answer choices a fall in income, assuming ten
trasher [3.6K]

Answer:

The correct answer is letter "C": a fall in the price of tennis balls.

Explanation:

The demand law explains the relationship between the price of a product and its quantity demanded. As the price increases, the quantity demanded decreases moving the demand curve to the left. As price decreases, the quantity demanded decreases, moving the demand curve to the right.

Therefore, <em>if the demand curve for tennis balls moves to the right, the price has fallen increasing the quantity demanded.</em>

7 0
3 years ago
suppose that a country imports $90 million worth of goods and services and exports $80 million worth of goods and services. what
Korolek [52]

Consider a scenario in which a nation buys goods and services worth $90 million and exports them for $80 million. The net exports are valued at -$10 million.

<h3>What does a nation's net export mean?</h3>

Total exports less total imports for a specific country is the definition of net exports. It is a method of determining the total outlays or GDP of a country in an open economy.

The balance of trade, commercial balance, or net exports refers to the difference between a nation's exports and imports in terms of dollar value over a given time period. It's sometimes made a point to distinguish between a trade balance for goods and one for services.

In the above question, given:

Imports= $90 million

Exports= $ 80 million

Net Export= Total Exports - Total Imports

Net Export= $ 80 million - $ 90 million

Net Export= -$10 million

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6 0
1 year ago
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