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enot [183]
3 years ago
13

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th

e company based its predetermined overhead rate on total estimated overhead of $242,400 and 7,400 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $243,800 and actual direct labor-hours were 5,500.The overhead for the year was_____________.
Business
1 answer:
kramer3 years ago
8 0

Answer:

Under applied to the extent of $ 63,620

Explanation:

We have to compute the predetermined overhead rate on direct labor hours.

Estimated overhead                                                            $ 242,400

Estimated direct labor hours                                                  7400 hours

Predetermined overhead rate on direct labour hours       $ 32.76 per hour

Applied overhead based on actual direct labor hours

5,500 labor hours * $ 32.76 per hour  =                              $ 180,180

Actual manufacturing overhead                                           <u>$ 243,800</u>

Underapplied overhead                                                       $  63,620                        

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6 0
3 years ago
Primary data collection for a gaming software company could include the following methods except: Group of answer choices A Surv
NemiM [27]

Answer:

A gaming software report from Gartner Group, a market research firm

Explanation:

Primary data collection is when data is collected through first hand research.

Primary data collection methods include

  1. Surveys : this can take the form of questionnaires (including online questionnaires e.g. survey monkey
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Advantages of primary data collection

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Disadvantages of primary data collection

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Secondary data collection is collecting data that has already been collected in the past e.g. A gaming software report from Gartner Group, a market research firm

3 0
3 years ago
On January 1, 2017, Doone Corporation acquired 70 percent of the outstanding voting stock of Rockne Company for $672,000 conside
bogdanovich [222]

Answer:

Question a:

The non-controlling interest of Rockne´s 2018 net income is $111,000.- calculated by taking 30% of Rockne´s net income of $370,000.-  

Question B:

There are 3 entries required to eliminate te sale of goods form rochne to doone.  

The first entry eliminates the sales recorded by rockne against te inventory or cost of goods sold by recorded by doone.  To consider, the 60% of the purchases went trhough cost of good sol d and 40% of the purchases remain in inventory until the following year.  Here is the engru:

Debit/sales/$530

Credit/COGS/ ($318) 60%

Credit inventory ($212) 40%

The next entry has to do with the amount of inventory that remained from the last intercompany transaction.  This is caclulated usin 40% of 2017 sales, which were $430.   So:

Debit inventory $172

Credit Cogs  ($172)

The last part is to eliminate the recievable on the book of rockne when they made te sale

Debit Payable $530

Credit receivable ($530)

6 0
3 years ago
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hram777 [196]

Answer:

B. A has more microstates than B.

Explanation:

Since on going from state A to state B the entropy is decreasing, that is the freedom of movement and the number of ways of arrangement is decreasing and thereby the number of microstates also decreases.  

Therefore, A has more microstates than B.

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3 years ago
If all other factors are equal, what will happen to the demand if the price of a product goes down? (Select the best answer.)
SpyIntel [72]
The demand will go up
7 0
3 years ago
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