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
ch4aika [34]
2 years ago
12

Emco Company uses direct labor cost as a basis for computing its predetermined overhead rate. In computing the predetermined ove

rhead rate for last year, the company misclassified a portion of direct labor cost as indirect labor. The effect of this misclassification will be to:___________.A. understate the predetermined overhead rate.B. overstate the predetermined overhead rate.C. have no effect on the predetermined overhead rate.D. cannot be determined from the information given.
Business
1 answer:
Andru [333]2 years ago
8 0

Answer:

B. overstate the predetermined overhead rate.

Explanation:

As we know

The Predetermined overhead rate would be equal to

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or machine hours)

In the given question, the direct labor cost is used for computing the predetermined overhead rate which is already wrong.

To find out the predetermined overhead rate, we always use the indirect cost instead of direct cost

This error could overstate the predetermined overhead rate as it would increase the indirect labor due to which overhead is also increased. So, automatically the rate would also be increased.

You might be interested in
he following information for Cooper Enterprises is given below: December 31, 2021Assets and obligations Plan assets (at fair val
gavmur [86]

Answer:

the amortization of Other Comprehensive Loss for 2022 is $38,370

Explanation:

The computation of the amortization of Other Comprehensive Loss for 2022 is shown below;

= (Accumulated other comprehensive loss - 10% of Projected benefit obligation)  ÷ given no of years

= ($503,700 - 10% of $1,200,000) ÷ given no of years

= ($503,700 - $120,000) ÷ 10 years

= $38,370

hence, the amortization of Other Comprehensive Loss for 2022 is $38,370

The same would be considered

7 0
2 years ago
 Before setting your prices, it's wise to 
natulia [17]

Answer:

<em>Before setting your prices, it's wise to research industry standards- B.</em>

5 0
3 years ago
S= 2( lw + lh + wh) Solve for w <br><br> Please show your work
charle [14.2K]

You said that                             S     =  2(lw + lh + wh)

Divide each side by  2 :             S/2  =  lw + lh + wh

Subtract  'lh'  from each side:    S/2 - lh = lw + wh

Factor the right side:                S/2 - lh  =  w(l + h)

Divide each side by  (l + h) :    (S/2 - lh) / (l + h)  =  w
 
5 0
3 years ago
The demand for a product is unit elastic. At a price of $20, 10 units of a product are sold. If the price is increased to $40, t
Gekata [30.6K]

It should be noted that when demand for a product is unit elastic and one would expect sales to equal: 5 units.

<h3>What is elastic demand?</h3>

An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.

An inelastic demand entails change in quantity demanded due to a change in price is small.

Learn more about elastic demand at;

brainly.com/question/24384825

5 0
2 years ago
Which of the following will not create minimum contacts in a state sufficient to find personal jurisdiction on an out-of-state d
Maurinko [17]

Answer: A company maintains a website that provides information about its products and that provides an address or number that a customer can contact to obtain an order form to purchase products directly from the company.

Explanation:

With different states having varying laws but yet still sharing a lot of business interests, it is important that the states know when they can have jurisdiction over a person.

Minimum contacts is the solution and is used to determine whether an entity has sufficient contacts in a state to warrant jurisdiction over them.

Simply having a website that can be accessed by people in a state does not fall under the provisions required for minimum contact to be met so the courts in this state cannot have personal jurisdiction over this company.

7 0
3 years ago
Other questions:
  • When using the wet method, holding the spray nozzle too close to the brake surface may cause asbestos fibers to
    14·1 answer
  • What is the proper economic term for money that is available for investment?
    6·1 answer
  • Rebello's preferred stock pays a dividend of $1.00 per quarter, and it sells for $55.00 per share. what is its effective annual
    11·1 answer
  • the pure food and drug act was an example of progressive legislation to protect consumers. true false
    5·2 answers
  • April has joined a team with members from the sales, customer services, and shipping and receiving departments. which term best
    11·2 answers
  • A farmer grows wheat, which she sells to a miller for $90. The miller turns the wheat into flour, which she sells to a baker for
    10·1 answer
  • What is cooperative skill​
    11·1 answer
  • Guys i want to get me and xugo this hat but ion which hats tho<br> plz help
    6·2 answers
  • in a given year, many unskilled workers in the united states earned the federal minimum wage of $7.25 per hour. by contrast, ave
    10·1 answer
  • In a(n) __________ marketing channel, several independent members each attempt to satisfy their own objectives and maximize thei
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!