Answer:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Explanation:
If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
<u>For example:</u>
Total estimated overhead= $150,000
Allocation base= direct labor hours
Estimated Total number of direct labor hours= 10,000
Predetermined manufacturing overhead rate= 150,000/10,000
Predetermined manufacturing overhead rate= $15 per direct labor hour
The answer is objective personality test.
Objective personality test is designed to measures the personality of a certain individual without being exposed to the bias of the tester.
To fully avoid the bias, the researchers usually created a scoring system that based on quantitative scores rather than the qualitative.
Answer: The answer is $2,759.22
Explanation: From the question above, we have:
September 1st to January 1st is 4 months, this is 1/3 of a year which means that the student will earn:
=> 9/3 = 3%
3% interest for the money that is saved is the savings account. So the student must put in at least:
x + 3%x = 1400
x + 0.03x = 1400
1.03x = 1400
x = 1400 / 1.03
x = 1,359.22
Therefore, if the student saves $1,359.22 in the savings account By September 1st, she will have $1400 by January 1st.
Also, the student needs to make $1400 for the first semester. So overall she will need to make:
1,400 + 1,359.22 = $2,759.22 during the summer in order to ensure that she will have enough money to pay for both semesters.
Answer:
Company should borrow = $15200
Explanation:
Below is the calculation for the borrowing amount:
Cash balance at the beginning = $18600
Add - Cash receipts = 186000
Less- Cash disbursements = (189200)
Budgeted cash balance = 18600 + 186000 - 189200 = 15400
Borrowing will be = Ending cash - 15400
Borrowing will be = 30600 - 15400
Borrowing will be = $15200
Company should borrow = $15200