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stepladder [879]
3 years ago
7

Murphy Manufacturing estimated $100,000 in manufacturing overhead and 5,000 direct labor hours for 2016. Actual overhead for the

year was $120,000 and 7,500 actual direct labor-hours were used. How much overhead was applied to a job completed during 2016 that used 200 direct labor-hours?
Business
1 answer:
kenny6666 [7]3 years ago
8 0

Answer:

Overhead applied to a job completed during 2016 that used 200 direct labor-hours was $4,000.

Explanation:

Estimated Manufacturing Overhead = $100,000

Estimated direct labor hours = 5,000 hours

Predetermined overhead rate = $100,000 / 5,000

Predetermined overhead rate = $20 per labor hour

Actual direct labor hours = 7,500 hours

Actual direct labour hour applied to the job = 200 hours

Overhead applies to the Job = 200 hours x $20 = $4,000

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Corinne works in procurement for a major electronics company. One of her challenges is ensuring that raw metals, such as tungste
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2 years ago
Royal Dutch Shell(RDS) acquires ethanol fuel from Brazilian Cosan energy company. The Ethanol costs 500 million Brazilian Real(B
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Answer:

The answer is 5000 future contracts

Explanation:

Solution

Given that:

Royal Dutch buys ethanol fuel from Brazilian energy company

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The Required coverage = 500,000,000

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Number of contracts required = 500,000,000/100,000

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3 0
3 years ago
Wilton sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Paola Middle School, terms 2/
iogann1982 [59]

Answer:

The $2,700 is the amount which recognized as net accounts receivable on the balance sheet as of November 30

Explanation:

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3 years ago
As a rule of thumb, how often should an entrepreneur reevaluate her compensation package?
shusha [124]

Answer:

12 months

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After evaluating performance, planning for the next period of 12 months begins. The entrepreneur prepares a budget for the year, including their compensation. Compensation for the entrepreneur should be budgeted and reviewed every year together with the other budget items.

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