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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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Answer:

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6 0
3 years ago
Of these common educational requirements for Finance careers, select those you are most interested in achieving. Check all that
Nataly [62]

Answer:

The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.

Explanation:

If I like to persuade my career in the Finance Field, I would definitely go for the Four Year degree program in finance and then do Advance education in the concerned field. Then i would like to get the on the job training experience in the finance department of a renowned company to have a true learning experience of the finance field in real time. This would prepare me to become fully knowledgeable about the finance matters before entering into the market as a finance professional. So getting advance degree after basic degree in finance and getting the on the job training would be my choices for Finance Careers.  

3 0
3 years ago
Read 2 more answers
Which system supports business processes end to end? group of answer choices management system accounting system enterprise syst
aev [14]

Enterprise System supports business processes end to end? group of answer choices management system accounting system enterprise system functional structure document system.

Enterprise system basically helps in taking care of all the operations as well as processes of the organisation.

What is Enterprise system?

  • These are said to be known as the software packages used by the organisations which helps them in controlling as well as managing the complex processes as well as operations of the enterprise.
  • This system leads to better performance, better accuracy as well improvement in coordination, planning, etc.
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3 0
1 year ago
Stone Pine Corporation, a calendar year taxpayer, has ending inventory of $160,000 on December 31, 2018. During the year, the co
bezimeni [28]

Answer:

The answer is $215,000

Explanation:

Cost of goods sold equal:

Opening/beginning inventory plus purchases minus closing/ending inventory

To find beginning inventory at January 1, 2018, lets rearrange the formula:

Cost of goods sold minus plus purchases plus closing/ending inventory.

Cost of sales is $470,000

Purchases is $415,000

Ending inventory is $160,000

Therefore, beginning inventory at January 1, 2018 is

$470,000 - $415,000 + $160,000

=$215,000

3 0
3 years ago
Armando, a manager for Petros Pizza Pies (PPP), dies in an accident on July 12. PPP pays his wife, Penelope, $600 in salary that
stepan [7]

Answer:

Explanation:

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The amount of $90,000 receive from the life insurance proceeds are excluded from the gross income.

Ms P's daughter receives $4,000 from company P. It should be included in her daughter income.

8 0
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