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Butoxors [25]
3 years ago
15

Thomlin Company forecasts that total overhead for the current year will be $7,584,000 with 158,000 total machine hours. Year to

date, the actual overhead is $3,818,000, and the actual machine hours are 83,000 hours. The predetermined overhead rate based on machine hours is Round the answer to the nearest dollar. a.$46 per machine hour b.$24 per machine hour c.$91 per machine hour d.$48 per machine hour
Business
2 answers:
IRINA_888 [86]3 years ago
4 0

Answer:

(D) $48 per machine hour

Explanation:

The predetermined overhead rate is given by total estimated overhead divided by the total estimated machine hours

Total estimated overhead = $7,584,000

Total estimated machine hours = 158,000 hours

Predetermined rate = $7,584,000 ÷ 158,000 hours = $48 per machine hour

shusha [124]3 years ago
3 0

Answer:

d. $ 48 per machine hour

Explanation:

To calculate the predetermined overhead rate based on machine hours, we have to divide the total forecasted overhead cost with the forecasted overhead machine hours.

The predetermined overhead rate based on machine hours is:

$ 7,584,000  / 158,000 = $ 48 per machine hour.

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Dulce Corporation had 200,000 shares of common stock outstanding during the current year. There were also options for 10,000 sha
Nimfa-mama [501]

Answer:

$19.80

Explanation:

The Diluted EPS of Dulce Corporation shall be determined through the following mentioned formula:

Diluted EPS=Net income/Number of outstanding shares

Net income= $4 million

Number of outstanding shares=Common stock shares+shares issued for free due to share options

Common stock shares=200,000

shares issued for free due to share options=Number of options*Intrinsic value/market price of common shares

Number of options=10,000

Intrinsic value=market price-exercise price=$25-$20=$5

Shares exercised due to share options=10,000*5/25=2,000

Diluted EPS=$4,000,000/200,000+2,000

                   =$19.80

3 0
3 years ago
Key question addressed by strategic management is "Why do some firms outperform other firms?" In other words, it examines how ac
Lina20 [59]

Answer:

The answer: ''In other words, it examines how actions and events involving top executives, firms and industries influence a firm's success or failure'' is correct.

Explanation:

To begin with, in the field of business the managers tend to be very agressive and competitive in order to set their companies in the top of the industry and therefore to obtain the maximun profits as possible.

To continue, the strategic management group wonder themself why do some firms outperform other firms and the answer to that question has many factors that influece the situation where that happens, in other words, it is normal that many companies with less resources, such as money or human knowledge, tend to give a worst performance that other companies that count with executives with huge experience or better economic situations in the industry. Moreover, it is known that the companies with a manager that knows how to manage the business with the resources it has and how to comprehend the situation where it heads will perform at a higher level than the other.

7 0
3 years ago
Interest rates and the price of old or existing bonds are Group of answer choices There is not enough information to answer the
Zielflug [23.3K]

Answer:

inversely related.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

An interest rate can be defined as an amount of money that is charged as a percentage of the total amount of money borrowed or securities purchased from an individual or a financial institution.

Generally, there exist an inverse relationship between bonds and interest rates.

Interest rates and the price of old or existing bonds are inversely related. Thus, an increase in the interest rate (cost of borrowing an amount of money rises) causes a fall or decrease in the price of bonds.

7 0
2 years ago
One possible solution to a diminishing Social Security payroll is to increase the Social Security tax by 1.89%. How would such a
Alecsey [184]

Answer:

Annual tax  increase by $1,020.60.

Explanation:

As the Social Security payroll is increases the Social Security tax, So, it will lead to increase the annual tax and it is computed as:

Increase in Annual Tax = Salary × Increase in Social Security tax

Where,

Salary amounts to $54,000

Increase in Social Security Tax by 1.89%

Putting the values above:

= $54,000 × 1.89%

= $1,020.60

8 0
3 years ago
What types of should we learn in class 11 ?​
Otrada [13]

Answer:

  1. We can stop operating mobile phone
  2. we can stay in our room and read
  3. we should always be attentive
5 0
2 years ago
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