1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
An annuity that goes on indefinitely is called a perpetuity. The payments of a perpetuity constitute a/an series. The equation i
Alborosie

Answer:

Present value of the security = $1,888.89

Explanation:

The annual dividend of $170 represents a perpetual income stream. The present value of a perpetuity is calculated as follows:

PresentValue=\frac{Coupon}{r}

where r =interest rate per annum that would be compounded for each year

Therefore, present value of the security = \frac{170}{0.09} = $1,888.89

4 0
3 years ago
an article titled “What the Top 1% of Earners Majored In,” that 8.2% of Americans who majored in economics for their undergradua
RUDIKE [14]

Your economics training provides you with a terrific set of job skills, and in fact the economics major provides you with virtually all of the top ten most important job skills.

Economics are not restricted to one specific job category. Thus you have a wide variety of employment choices available to you. Because you have both quantitative as well as qualitative skills, however, it is natural to exploit your comparative advantage and find a position that utilizes both sides of your training.

The job market recognizes the special job skills that a major in economics provides. 80% of graduates in economics receive starting salaries in the range of $24,800-42,000 (

8 0
3 years ago
It is better to read ______.
Sophie [7]
D. In a quiet location
3 0
3 years ago
Read 2 more answers
Robin Company has $100,000 of income before payment of $100,000 of reasonable salaries to its owners employees (who are in the 3
miv72 [106K]

Answer:

d. a., b, and c. all result in the same amount of tax.

Explanation:

The question is to determine the form of business

First we need to understand some terms

A C Corporation refers to a standard corporation as far as the IRS is concerned while the S Coproration is a corporation with a special tax status giving it some tax privileges with the IRS. We however, group organisations as either C or S based on the taxation code with the Internal Revenue Service

It should be noted that C corporation, S corporation and partnership all aply the same rate of tax. The only place of advantage or difference is in the area of how the tax is treated and the difference in their liability.

As such, the owner in the question is being taxed based on the 32% bracket and as such it affects all the forms of business structures. Therefore, Partnership. C corporation and S corporation will asll result in the same amount of tax.

6 0
3 years ago
Company Z understands that their business is at risk. How can they use step two in the Decision-Making Process to reach their en
jok3333 [9.3K]

Answer:

I have no clue

Explanation:

I need to answer something bc I'm new sorry

8 0
2 years ago
Other questions:
  • Lowden Company has a predetermined overhead rate of 163% and allocates overhead based on direct material cost. During the curren
    12·1 answer
  • Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. What is the best example
    10·1 answer
  • Problem 2 A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per order, Annual carryi
    11·1 answer
  • Craftsman Corporation began operations on January 1, 2020 when $200,000 was invested by shareholders of the company. On March 1,
    7·1 answer
  • Using accrual accounting, revenue is recorded and reported only a.when cash is received at the time services are rendered b.when
    14·1 answer
  • A very small country's gross domestic product is $12 million.
    13·1 answer
  • PS.02 A process that utilizes inexpensive general-purpose capital equipment will tend to have higher skilled workers.
    10·1 answer
  • The following transactions are February activities of Swing Hard Incorporated, which offers golfing lessons in the northeastern
    13·1 answer
  • An agreement exists when one party offers a certain bargain to another party.
    6·1 answer
  • Trans-Atlantic Quotes. Separated by more than​ 3,000 nautical miles and five time​ zones, money and foreign exchange markets in
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!