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GuDViN [60]
3 years ago
6

Fusaro Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year.

The company has provided the following data for themost recent year.Estimated total fixed manufacturing overhead fromthe beginning of the year $ 684,000Estimated activity level from the beginning of theyear 40,000 machine-hoursActual total fixed manufacturing overhead $ 616,000Actual activity level 37,700 machine-hoursThe amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:A) $644,670B) $684,000C) $68,000D) $580,580
Business
1 answer:
andrew-mc [135]3 years ago
5 0

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Fusaro Corporation uses a predetermined overhead rate base on machine-hours.

Estimated total fixed manufacturing overhead= $684,000

Estimated activity level= 40,000 machine-hours

Actual activity level 37,700 machine-hours

First, we need to calculate the predetermined overhead rate:

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

Estimated manufacturing overhead rate= 684,000/40,000= $17.1 per machine hour

Now, we can allocate the manufacturing overhead:

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

Allocated MOH= 17.1* 37,700= $644,670

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morpeh [17]

Answer:

Net cash from operating activities is $57,220.

Explanation:

Using the indirect method, the Operating Activities section of the statement of cash flows can be prepared as follows:

Statement of Cash Flows

(Operating Activities Section Only)

<u>Details                                                                                          $         </u>

Net income                                                                            35,890

Adjustment to reconcile net income:

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(Increase) decrease in current assets:

Increase in accounts receivable ($34,630 - $43,060)        (8,430)

Decrease in inventory ($39,870 - $30,370)                          9,500

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Increase (decrease) in current liabilities:

Increase in accounts payable ($25,610 - $19,430)                6,180

Decrease in income taxes payable ($5,970 - $10,500)      (4,530)

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5 0
2 years ago
Margaret and Jack are working on a high-priority project with a tight deadline. When Margaret is unable to meet the deadline, Ja
matrenka [14]

Answer:

B, Fundamental attribution error.

Explanation:

Fundamental attribution error is a psychological situation in which individuals have the tendency to explain a person's behavior based on disposition/personality but not lay emphasis on the external behaviors that affect the person's behavior.

In the above question, because Jack and Margaret couldn't finish Margaret's jobs due to Margarette her clumsiness and went on to blame the supervisor as the cause of the tem not being able to finish the task .

Cheers.

3 0
3 years ago
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topjm [15]

Answer:

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Borrowing amount(1$0,000-$7,500)     $2,500

To maintain $10,000 cash balance western company need to borrow $2,500($10,000-$7500)

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Sometimes there would be potholes that require careful maneuvering and sometimes the roads would be washed out. In this case Escents is experiencing Dela due to washed-out roads or faulty bridges which are examples of infrastructural damage.

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