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ch4aika [34]
3 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]3 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.

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Ace Hauling, Inc., has been transporting industrial tailings for companies around the Minneapolis/St. Paul area for the past dec
natulia [17]

Answer: The correct answer is "b. Ace has done nothing to change its CERCLA liability."

Explanation: CERCLA is the Comprehensive Environmental Response, Compensation and Responsibility Act and was designed to promote cleaning, maintenance and protection of the environment against hazardous waste.

Those responsible for releasing dangerous substances are identified to take care of their cleaning through the superfunds, therefore by creating the new corporation and transferring the assets: Ace has done nothing to change its CERCLA liability.

7 0
4 years ago
A company that formerly produced music CDs went out of business because too many potential customers bought illegally-produced c
Aliun [14]

Answer:

The correct answer is letter "C": inadequate enforcement of property rights.

Explanation:

Nowadays, the easiness of access to the internet and other media platforms has increased the number of copyright infringement to increase. Music, movies, TV series, computer software, and videogames are typically the subjects of piracy. However, everyday internet providers are more strict with this inadequate enforcement of property rights by clocking internet services when received copyright notices, for instance.

7 0
4 years ago
Catherine decided to have lunch at tom's, one of the most popular restaurants in town. she ordered soup before her main course a
Jobisdone [24]

Answer:

A

Explanation:

Did she eat it first?, Did she get sick?

6 0
3 years ago
An employer can refuse to hire you if you refuse a drug screening test or background check. True or False?
Feliz [49]

I think its true, although some employers do not mind you refusing to take the drug test. The answer may vary due to different employers reactions, etc.

4 0
3 years ago
The TQM has gone through five stages in its evolution. Discuss the evolution and stages of Total Quality management process
galben [10]

The stages of the Total Quality Management are:

1. Commitment and understanding from employees:

All the employees that work in the organization are supposed to  have an understanding of the TQM policies that makes them a part of the company. They should know the goals and they should be willing to work towards the success of the business.

2. Quality improvement in culture:

The culture in the organization should be a modern one in the sense that it would encourage feedback from the employees. The employees should be listened to and their ideas should be bought.

3. Continuous Improvement:

The TQM is continuous , there has to be continuous and constant improvement in policies and procedures at the management level. Research is also very important

4. Customer requirement:

The customers always require top notch service from the business. It is very important to focus on the needs of the customers. Good customer relationship is needed for survival.

5. Effective control:

There should be evaluations of the business to check performance and also to document progress.

Read more on brainly.com/question/6614341?referrer=searchResults

4 0
3 years ago
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