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Pepsi [2]
3 years ago
7

Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcom

ing year appear below: Estimated machine-hours 74,000 Estimated variable manufacturing overhead $ 7.67 per machine-hour Estimated total fixed manufacturing overhead $ 1,630,960 The predetermined overhead rate for the recently completed year was closest to:
Business
1 answer:
Marina86 [1]3 years ago
6 0

Answer:

29.71 per machine-hour

Explanation:

Buker corporation has an estimated machine hours of 74,000

The estimated variable manufacturing overhead is 7.67 per-machine hour

The estimated total fixed manufacturing overhead is $1,630,960

The first step is to calculate the estimated overhead cost

= (74,000×7.67) + $1,630,960

= 567,580 + $1,630,960

= $2,198,540

Therefore, the predetermined overhead rate can be calculated as follows

Predetermined Overhead rate= Estimated manufacturing overhead cost/Estimated machine hours allocated

= $2,198,540/74,000

= 29.71 per machine-hour

Hence predetermined overhead rate for the recently completed year was closest to 29.71 per machine-hour

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What is joint tenancy?
NeTakaya

Answer:

Explanation:

Joint tenancy is a lawful course of action in which at least two individuals possess a property together, each with equivalent rights and commitments. When one of the proprietors in a joint tenure dies, that proprietor's interest in the property goes to the survivors without the property experiencing the courts.

3 0
3 years ago
Give an example of a natural monopoly industry operating in South Africa.
MariettaO [177]

An example of a natural monopoly industry operating in South Africa include "Eskom".

<h3>What is natural monopoly?</h3>

A natural monopoly occurs when there is an instance in which it is economically viable and better for a single entity to be in full and sole control of the production of a product or service.

Moreover, a natural monopoly is the fact that natural monopolies have extreme economies of scale. It can only start to become profitable when one single firm is able to service the majority of the market.

Learn more about natural monopoly, refer to the link:

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4 0
1 year ago
The Brainchild is a store that specializes in educational toys for children. In order to increase the probability of customers v
Viefleur [7K]

Options: decreasing an importance weight. increasing a performance belief. decreasing the performance belief for a competitive retailer. adding new benefits. focusing on all benefits.

Answer: ADDING NEW BENEFITS.

Explanation:Adding new benefits or improving existing benefits are ways used by Store or business organisations to attract new customers or to retain existing ones or improve its number of loyal customers.

Benefits are free services or gifts given, Brainchild has increased the benefits of buying from its store by offering discounts, gift wrapping, and free shipping,all these will attract more customers to its store and hence increase loyal customers and number of customers.

6 0
3 years ago
Assume that you contribute $300 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $
dmitriy555 [2]

Answer:

Total FV= $2,555,406.98

Explanation:

Giving the following information:

Investment 1:

Monthly deposit= $300

Number of months= 12*45= 540

Interest rate= 0.09/21= 0.0075

Investment 2:

Monthly deposit= $500

Number of months= 12*20= 240

Interest rate= 0.09/21= 0.0075

To calculate the future value, we need to use the following formula on each investment. <u>I separated into two to simplify calculations.</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

<u>Investment 1:</u>

FV= {300*[(1.0075^540) - 1]} / 0.0075

FV= $2,221,463.54

<u>Investment 2:</u>

FV= {500*[(1.0075^240) - 1]} / 0.0075

FV= $333,943.44

Total FV= $2,555,406.98

7 0
3 years ago
The Creamery is analyzing a project with expected sales of3,800 units, give or take 5 percent. The expected variable cost per un
vaieri [72.5K]

Answer:

operation cash flow ( OCF ) is  $98800

Explanation:

given data

number of units = 3800 units

variable cost = $185 per unit

fixed costs = $364,000

depreciation expense = $104,000

sales price = $305 per unit

tax rate = 35 %

fix cost = $360,000

to find out

what is the OCF given this analysis

solution

we know operation cash flow ( OCF ) is express as

OCF = [ { selling - variable cost ) × no of units } - fixed cost ] × [ tax rate ] + [ deprecation × tax rate ]      ..............................1

put here all these value

OCF = [ { 305 - 185 ) × 3800 } - 360000 ] × [ 35% of income before tax ] + [ 104,000 × 0.35 ]

OCF = 96000 - 0.35×96000 + 36400

OCF = 62400 + 36400

OCF = $98800

4 0
3 years ago
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