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nordsb [41]
3 years ago
15

Worker Corporation allocates its single support department to its operating departments based on the single rate method using ma

chine hours. The following information has been gathered for the assembly department, one of the two operating departments: Actual Budgeted Fixed costs $50,000 $47,960 Machine hours – Assembly 1,900 1,976 Variable costs – Assembly $121,000 $120,000 What is the cost-allocation rate for the assembly department using the single-rate method?
Business
1 answer:
Firlakuza [10]3 years ago
7 0

Answer:

$85 per machine hour

Explanation:

                                                                Actual           Budgeted

Fixed costs                                           $50,000          $47,960

Machine hours – Assembly                   1,900               1,976

Variable costs – Assembly                 $121,000         $120,000

since the single rate method does not distinguish between fixed or variable costs, in order to determine the cost allocation rate we must add the fixed allocation rate and the variable allocation rate:

  • variable allocation rate = $120,000 / 1976 machine hours = $60.73
  • fixed allocation rate = $47,960 / 1976 = $24.27

total = $60.73 + $24.27 = $85 per machine hour

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Answer: D) Output decreases by more than 25 percent

Explanation:

When a firm is said to be experiencing Increasing Returns to Scale, it means that for every additional unit of a factor of production, the firm experiences a higher increase in production than the additional unit. For example, if a Firm's output increases by 1.5 every time they hire an extra worker, the firm is said to be going through Increasing Returns to Scale.

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Why does excessive fishing occur?
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Explanation:

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2 years ago
Oak Interiors is owned and operated by Fred Biggs, an interior decorator. In the ledger of Oak Interiors, the first digit of the
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Answer:

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12 - Cash

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32 - Fred Biggs, Drawing

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52 - Wages Expense

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Explanation:

a) Data and Classifications:

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2—liabilities

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32 - Fred Biggs, Drawing

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5—expenses

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52 - Wages Expense

53 - Miscellaneous Expense

b) The chart of accounts of Oak Interiors is where the financial accounting is organized into five major categories.  These categories are called accounts.  They include assets, liabilities, equity, revenue, and expenses.  This implies that all business transactions that are recorded in accounts are summarized under any of these five major headings.

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1. The Whitehall study found the following link between stress, our position on the social hierarchy, and how we put on weight:
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The answer for this is A
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