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m_a_m_a [10]
3 years ago
10

Pinnacle Corp. budgeted $259,470 of overhead cost for the current year. Actual overhead costs for the year were $209,420. Pinnac

le's plantwide allocation base, machine hours, was budgeted at 49,190 hours. Actual machine hours were 56,270. A total of 102,050 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is:
Business
1 answer:
Yuliya22 [10]3 years ago
4 0

Answer:

Predetermined manufacturing overhead rate= $5.275 per machine-hour

Explanation:

Giving the following information:

Pinnacle Corp. budgeted $259,470 of overhead cost for the current year.

Pinnacle's plantwide allocation base, machine hours, was budgeted at 49,190 hours.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

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

Predetermined manufacturing overhead rate= 259,470/49,190

Predetermined manufacturing overhead rate= $5.275 per machine-hour

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A $2 bill is worth 200 pennies, 20 dimes, 4 half dollars, and  25 nickels.


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3 years ago
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Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equil
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The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.

<h3>What is a product?</h3>

Generally,

In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.

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4 0
2 years ago
Alpaca Corporation had revenues of $300,000 in its first year of operations. The company has not collected on $20,000 of its sal
madam [21]

Answer: Option (b) is correct.

Explanation:

Given that,

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Borrowed on a five-year note = $23,000

Interest paid = $3,000

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6 0
3 years ago
_____ affects the perceptual process because employees are more likely to remember information that is consistent with their sel
Pie

Answer:

Self-Verification

Explanation:

Self-verification refers to verify themselves by other peoples. How other people understand them based on their feelings, beliefs, etc. In other words we can say self views that also includes self concepts and self esteem

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Svetllana [295]

Answer:

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3 years ago
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