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kobusy [5.1K]
3 years ago
6

Bonita Industries prepared a fixed budget of 75000 direct labor hours, with estimated overhead costs of $375000 for variable ove

rhead and $90000 for fixed overhead. Bonita then prepared a flexible budget at 67000 labor hours. How much is total overhead costs at this level of activity?
Business
1 answer:
Zinaida [17]3 years ago
6 0

Answer: $425,000

Explanation: The total overhead cost can be computed suing following formula :-

total overhead cost = fixed overhead cost + variable overhead cost

where,

fixed overhead cost = $90,000

variable\:overhead\:cost=\frac{\$375,000}{75,000\:hours}\times 67,000\:hours

=$335,000

so,putting the values into equation we get :-

total overhead cost = $90,000 + $335,000

                                 = $425,000

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Answer:

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Dr premium on bonds payable     $4,265

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Cr gain on bonds retirement($50,700+$4,265-$53000) $1,965

Explanation:

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The premium  on bonds payable would now be debited with $4265

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Answer:llll

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irakobra [83]
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These orders of investments ensure a systematic low to high risk possibilities. A company needs to look into possible options where it can invest its assets in the form of a diversified mutual fund. Upon doing this, securing a bond from the state is wise investment in case loans are too high or the company comes to debts. The last risk would be engaging in stocks or the deliberation of this to several company owners. 
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