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
Llana [10]
3 years ago
10

Estimated manufacturing overhead for the year $ 32,550 Estimated direct labor hours for the year 2,100 Two jobs were worked on d

uring the year: Job A-101 and Job A-102. The number of direct labor-hours spent on Job A-101 and Job A-102 were 1,230 and 1,050, respectively. The actual manufacturing overhead was $39,000. What is the amount of the under- or overapplied manufacturing overhead? Overhead is applied on the basis of direct labor hours. $2,610 overapplied. $3,660 underapplied. $870 underapplied. $6,450 overapplied.
Business
1 answer:
Sergeeva-Olga [200]3 years ago
5 0

Answer:

Underapplied for 3,660

Explanation:

MO 32,550

DLH  2,100

<em><u>rate:</u></em> <em>MO/DLH</em> = 32,550/2,100 = <u>15.5 MO per DLH</u>

<u>Applied MO:</u>

  • <u>job 101 : </u>  1,230 hours x 15.5 = 19,065
  • <u>job 102: </u>  1,050 hours x 15.5 = 16,275

Total MO 19,065 + 16,275 = 35,340

Actual Overhead                 39,000

Underapplied for 3,660

You might be interested in
It is early in the year, and Keesha would like to start saving money for next year’s holiday presents. What type of account shou
tigry1 [53]
Keesha should open up a savings account if she is trying to save money for holiday gifts
3 0
3 years ago
Which of the following statements is CORRECT? a. The advantage of the basic earning power ratio (BEP) over the return on total a
leonid [27]

Answer: The advantage of the basic earning power ratio (BEP) over the return on total assets for judging a company's operating efficiency is that the BEP does not reflect the effects of debt and taxes

Explanation:

a. This is correct.

The advantage of basic earning power ratio over the return on the total assets for judging a firm's operating efficiency is that the basic earning power does not reflect effects of debt and taxes.

b. This is incorrect.

Only the price/earnings ratio of the company will tell us nothing about a company. When we compare the price/earnings of a company with the peers, we would know whether such company is under valued, or over valued or maybe fairly valued.

c. This is incorrect.

The total assets is made up of total liabilities plus the shareholders equity, when other things are held constant, less debt simply means less liabilities. To balance both sides, the total assets should reduce as the shareholder's equity is constant. When total assets decreases, the return on the assets will increase.

d. This is incorrect.

We can reach a conclusion on which firm is better managed based on the facts given. The debt ratio is the total liabilities divided by total assets, and a lower ratio is known to be good in comparison to a higher ratio. Similarly, the profit margin is the profit divided by the sales, and low profit margin shows high expenses and also a need for the management to decrease the expense.

3 0
3 years ago
There is no difference between the law of diminishing marginal returns and the law of diminishing marginal rate of technical sub
Tasya [4]

Answer:

False

Explanation:

There is a huge difference between Diminishing marginal utility and law of diminishing marginal rate of technical substitution. The diminishing marginal rate of utility is used to construct short-run production function and it is based on cardinal utility. Correspondingly, the law of diminishing marginal utility is used to construct long-run isoquants and isocost curve, and it represents ordinal utility.

7 0
3 years ago
Marketers must weigh carefully the costs of additional information against the resulting from it.
viva [34]

Marketers must weigh carefully the costs of additional information against the benefit resulting from it.

What are marketers?

A marketer is a person who advertises an organization's products and services. They identify the tactics that can increase sales and revenue while making sure that these tactics are in line with consumer demands and market demands.

Therefore,

Marketers must weigh carefully the costs of additional information against the benefit resulting from it.

To learn more about Marketers from the given link:

brainly.com/question/25369230

8 0
2 years ago
Lancelot Manufacturing is a small textile manufacturer using machinehours as the single indirectcost rate to allocate manufactur
zhenek [66]

Answer:

$3,927

Explanation:

For the computation of bid price first we need to follow some steps which is shown below:-

Manufacturing overhead rate = Overhead cost ÷ Machine hours

= 45,000 ÷ 100,000

= $0.45

Total manufacturing cost charged to the school

= 2,000 + 400 + (900 × 0.45)

= $2,805

Markup cost = $2,805 × 0.4

= $1,122

Bid price of job = Total manufacturing cost charged to school + Markup cost

= $2,805 + $1,122

= $3,927

7 0
4 years ago
Other questions:
  • If your target audience is parents, what should you do in your ad for maximum appeal?
    8·2 answers
  • The compensation for investors who tolerate extra risk is called:
    14·1 answer
  • Suppose that the price of a bottle of vitamins is $1.73 and that at that price the total quantity demanded by consumers is 75,00
    6·1 answer
  • Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow
    15·1 answer
  • Which of the following are reasons why managers often struggle to work closely together to create customer value? a. Managers fo
    10·1 answer
  • A firm produces 10 widgets that they sell for $15 each. The average variable cost for the production of 10 widgets is $13/unit.
    8·1 answer
  • Bailey Furniture Company has prepared the following flexible budget for April and is in the process of interpreting the variance
    7·1 answer
  • Supply-side deflation caused by productivity growth is _______ likely to have harmful consequences than demand-side deflation be
    12·1 answer
  • Need answer ASAP if in next 5mins I'll name first answer brainliest
    5·1 answer
  • what shouldn’t you do in an adjustment message? check all that apply. make unrealistic promises blame customers promote further
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!