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Murrr4er [49]
4 years ago
8

The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine

-hour. What amount wou
Business
1 answer:
yuradex [85]4 years ago
8 0

Question

The question is incomplete, hence the tutor added a piece of information

The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. What amount would be

Assuming the actual machine hours worked is 3,500

<em>Note the actual machine was added by the tutor</em>

Answer:

Applied overhead =$49,000

Explanation:

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

<em>Pre-determined overhead absorption rate (POAR) = Budgeted overhead/Budgeted machine hours</em>

The POAR is given as $14 per machine hour

Applied (absorbed) overhead = POAR × Actual machine hours

Applied overhead = $14 ×  3,500 =$49000

Applied overhead =$49,000

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<h2>•→ <u>Gross Profit </u><u>Margin </u>•→</h2>

#→<u> </u><u>Gross margin</u> is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e. g. production or acquisition costs, not including indirect fixed costs like office expenses, rent, or administrative costs), then divided by the same selling price. "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.

<h2>•→ <u>Net Profit </u><u>Margin </u>•→</h2>

#→<u> </u><u>The net profit margin</u>, or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.

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6 0
1 year ago
Why should management increase with the size of the company?
Evgen [1.6K]

Answer:B. So that the growth can be carefully monitored and managed

Explanation: Management is an act of planing,coordinating and the executing responsibilities in order to improve efficiency.

When a company grows the number of managers are expected to increase so that the activities of the organization is effectively coordinated,growth can be properly and efficiently monitored and managed.

If growth is not efficiently monitored and managed it will hinder the overall performance of the organization.

6 0
4 years ago
A company can be socially responsible by having employees volunteer their time. True or False?
NikAS [45]

Answer:

true

Explanatio

6 0
3 years ago
Last month the balance on your credit account was $785. Your new balance is $540. What percent of your total balance did you pay
il63 [147K]

Answer:

31.21%

Explanation:

The balance last month was $785

The new balance is $540

It means a payment of  $785- $540 was made

=$785 - $540

=$245

As a percentage

=$245/$785 x 100

=0.3121 x 100

=31.21%

8 0
3 years ago
Read 2 more answers
Warner Clothing is considering the Introduction of a new baseball cap for sales by local vendors. The company has collected the
bezimeni [28]

Answer:

(a) 3,250 units

(b) 5,750 units

Explanation:

(a) BEP(units):

= fixed cost ÷ contribution margin per unit

= $52,000  ÷ ($18 - $2)

= 3,250 units

Therefore, the 3,250 units must Warner sell per month to break even.

(b) BEP(units):  

= (fixed cost + target profit) ÷ contribution margin per unit

= ($52,000 + $40,000) ÷ $16

= 5,750 units

Therefore, the units must Warner sell per month to make an operating profit of $40,000 is 5,750 units.

4 0
3 years ago
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