1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna71 [15]
3 years ago
13

Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its

most recent year of operations.
Estimated manufacturing overhead $157,750
Estimated machine-hours 4,640
Actual manufacturing overhead $157,400
Actual machine-hours 4,860

The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.
The applied manufacturing overhead for the year is closest to:

a. $357,012
b. $354,474
c. $355,489
d. $352,951
Business
2 answers:
ololo11 [35]3 years ago
5 0

Answer:

Allocated MOH= $165,240

Explanation:

Giving the following information:

Estimated manufacturing overhead $157,750

Estimated machine-hours 4,640

Actual manufacturing overhead $157,400

Actual machine-hours 4,860

First, we need to calculate the predetermined manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 157,750/4,640= $34 per machine hour

Now, we can calculate the allocated overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 34*4,860= $165,240

Ronch [10]3 years ago
5 0

Answer:

Answer is not in the option

Explanation:

Budgeted Overhead Rate = $157,750/4,640

                                            = $ 34/ machine hour

Applied Manufacturing Overhead = $34 x  4,860

                                                        $165,230

You might be interested in
Tangible assets as well as intangible assets of a business need to be assessed for proper venture evaluation.
PilotLPTM [1.2K]
I think it's a. True




7 0
3 years ago
Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand.
Ghella [55]

Answer:

The correct word for the blank space is: lower; buyers to offer higher prices.

Explanation:

In a market driven by supply and demand laws, shortages are caused because of excess in demand as a result of lower prices. Thus, that price is lower than the equilibrium price. Besides, if there is a need to push that price to its equilibrium level, sellers will have to increase the price implying buyers will have to offer higher prices.

5 0
3 years ago
SummerSnowman Industries' last dividend was $1.25. The dividend growth rate is expected to be constant at 15.0% for 3 years, aft
matrenka [14]

Answer:

$33.50

Explanation:

we can use the perpetual growth model to determine the price of the stock

the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + [($1.25 x 1.15³ x 1.06)/(11% - 6%)]/1.11³

the stock price in 3 years = ($1.25 x 1.15³ x 1.06)/(11% - 6%) = $40.30

the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + $40.30/1.11³ = $1.30 + $1.34 + $1.39 + $29.47 = $33.50

4 0
3 years ago
In most high-tech industries, the fixed costs of developing a product are very _____, and the costs of producing one extra unit
topjm [15]

Answer:

Fixed costs are high, variable costs are low

Explanation:

The reason is that the fixed costs are high because these fixed costs are uncontrollable and their might not be an alternative which means we have to move with higher fixed costs. And this is because most of tasks in manufacturing are handled by the machines not humans. So the cost of maintenance, depreciation, etc are fixed costs which are uncontrollable.

Furthermore, the company has very small variable costs because the company enjoys economies of scales, fast paced manufacturing machines, etc. And this is controllable by investments in another more robust machinery.

7 0
3 years ago
In the job performance formula Performance=M+A+E, what does M stand for?
Illusion [34]

<u>Answer: </u>Motivation

<u>Explanation:</u>

In the job performance formula M stands for motivation, A for Ability and skills E for Environmental obstacles. When the company's performance is stable over time because of the employee's performance then the employee's will be rewarded with huge incentives.

This model where Performance=M+A+E it denotes that the compensation benefits does not change the employee behavior towards his performance . Only these three factors determine his performance behavior. When these three factors are not met in enough then it reflects in inefficient performance of the employee.

8 0
3 years ago
Other questions:
  • Compare the demand for sugar with demand for food. the demand for sugar is likely
    11·1 answer
  • During November, the production department of a process operations system completed and transferred to finished goods 35,000 uni
    7·1 answer
  • From theory, what are some communication channels and barriers? Now from professional experiences, what are some communication c
    13·1 answer
  • Assuming an acid-test ratio of 1.0, how will the purchase of inventory with cash affect the ratio?
    10·1 answer
  • The main functions of Human Resources Management include _____.
    11·1 answer
  • During the past five years, the nation of Andolvia began a massive undertaking: teaching farmers how to successfully grow and ha
    9·1 answer
  • Which of the following best describes the objectives of the Monetary Policy?
    14·2 answers
  • Crane Company adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $
    12·1 answer
  • At the output level defining allocative efficiency: Group of answer choices the maximum willingness to pay for the last unit of
    5·1 answer
  • Need help with accounting. ASAP
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!