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irina [24]
3 years ago
11

LO 6.3A company calculated the predetermined overhead based on an estimated overhead of $70,000, and the activity for the cost d

river was estimated as 2,500 hours. If product A utilized 1,350 hours and product B utilized 1,100 hours, what was the total amount of overhead assigned to the products?
$35,000
$30,800
$37,800
$68,600
Business
1 answer:
olya-2409 [2.1K]3 years ago
8 0

Answer:

$68,600

Explanation:

An predetermined overhead of $70,000 was estimated for an activity of 2,500 hours. The actual overhead assigned to the products is given by multiplying the fraction of the total 2,500 hours of activity utilized by the products by the predetermined overhead:

A = \frac{1,350+1,100}{2,500}*\$70,000\\ A = \$68,600

The total amount of overhead assigned to the products is $68,600.

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According to the Fisher equation, if the expected inflation rate is less than the actual inflation rate, then the actual rate of
Svetlanka [38]

Answer:

D. higher than the equilibrium interest rate.

Explanation:

The Fisher equation at equilibrium ; i = r + τe helps you to answer this question whereby;

i = nominal interest rate

r = real interest rate

τe = expected inflation rate

If we re-write it beginning with real interest rate ; r = i - τe .

So, considering the above equation, if the <em>actual</em> inflation rate turns out to be lower than <em>expected</em> , we will have a lower τe and the difference  (i - τe) will be bigger making the real interest rate higher than equilibrium.

5 0
3 years ago
How long will it take to pay off a loan of ​$50,000 at an annual rate of 9 percent compounded monthly if you make monthly paymen
nalin [4]

Answer:

185.531532 months

15.5 years

Explanation:

We use the NPER formula in this question that is shown in the spreadsheet.

The NPER represents the time period.

Given that,  

Present value = $50,000

Future value = $0

Rate of interest = 9% ÷ 12  months = 0.75%

PMT = $500

The formula is given below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the answer in months would be 185.531532 month

And, in year it would be 15.5 years after dividing by 12 months, the number of year comes

4 0
3 years ago
Condelezza Co. manufactures two products, A and B, in two production departments, Assembly and Finishing. Condelezza Co. expects
Naddika [18.5K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Condelezza Co. expects to produce 10,000 units of Product A and 20,000 units of Product B in the coming year.

Budgeted factory overhead costs for the coming year are:

Assembly $310,000

Finishing 240,000

Total $550,000

The machine hours expected to be used in the coming year are as follows:

Assembly Dept.

Product A 15,100

Product B 4,900

Total 20,000

Finishing Dept.

Product A 9,000

Product B 11,000

Total 20,000

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 550,000/40,000= $13.75 per machine hour

B) Departamental rates:

Assembly= 310,000/20,000= $15.5 per machine hour.

Finishing= 240,000/20,000= $12 per machine hour.

5 0
3 years ago
List one big thing that you would like to buy. What short-term, mid-term, and long-term goals would you need in order to make th
OleMash [197]
I would like to buy a mansion
short term goals will be, work at McDonald until 40
mid-term goals will be do a online job
Long-term goals will be get a great paying job and finish High school and collage.
hope this helps.

4 0
3 years ago
In economics, the cost of something is a. always measured in units of time given up to get it. b. the dollar amount of obtaining
Paha777 [63]

Answer:

The correct answer is C

Explanation:

Economies is the study of how the society uses the resources which are limited and it deals with the consumption, production as well as distribution of the goods and services.

And under the economics the cost of something like or product is defined as what the person give up in order to get something.

For example, a person wants to purchase to product, he needs to give up the money against it in order to have the product or item with him.

4 0
3 years ago
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