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Ivanshal [37]
3 years ago
6

Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus

ting Cost of Goods Sold for Under- and Overapplied Overhead At the beginning of the year, Han Company estimated the following: Overhead $582,400 Direct labor hours 80,000 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 6,950. By the end of the year, Han showed the following actual amounts: Overhead $613,320 Direct labor hours 84,100 Assume that unadjusted Cost of Goods Sold for Han was $927,000. Calculate the predetermined overhead rate for Han. Round your answer to the nearest cent. 7.3 X per direct labor hour.
Business
1 answer:
kozerog [31]3 years ago
5 0

Answer:

$7.3 per direct labor hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= ($582,400) ÷ (80,000 direct labor hours)

= $7.3 per direct labor hour

Basically we divided the total estimated overhead by the estimated direct labor hours so that the predetermined overhead rate could come

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Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current production is 45,000 units. Monthly fixed costs ar
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18000*2

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3 years ago
Consider an economy at full employment. if consumers and firms become less optimistic about the future economy then:____.
Troyanec [42]

If consumers and firms become less optimistic about the future economy then (C) unemployment will rise.

<h3>What is unemployment?</h3>
  • Unemployment is the state of being capable of working, actively seeking work, but unable to find any.
  • It should be noted that in order to be considered unemployed, a person must be an active member of the labor force and actively seeking remunerative work.
  • Unemployment reduces demand, consumption, and purchasing power, resulting in lower profits for businesses and budget cuts, and workforce reductions.
  • It starts a vicious cycle that is difficult to break without outside intervention.
  • Unemployment will rise if consumers and businesses become less optimistic about the future economy.

Therefore, if consumers and firms become less optimistic about the future economy then (C) unemployment will rise.

Know more about unemployment here:

brainly.com/question/305041

#SPJ4

The complete question is shown below:
1. Consider an economy at full employment. If consumers and firms become less optimistic about the future economy then

a) price levels will rise.

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7 0
1 year ago
Under Armour developed dynamic advertising, sponsorships of sports leagues, a creative Web site and celebrity spokespeople to pr
valkas [14]

Answer:

Integrated marketing communications.

Explanation:

Integrated marketing communications involved passing clear messages about a particular product to potential customers through different communication channels. It is used to create an awareness of the product to the customers.

Intergrated marketing communication involves delivering a consistent message about a product to potential customers through multiple platforms.

Integrated marketing communications helps a business to increase sales at a reduced cost.

8 0
3 years ago
If 1-Year Treasuries are yielding 5%, all preferred stocks are yielding 10%, and a manager selects a portfolio of preferred stoc
Burka [1]

Answer:

Risk Premium is 10%

Explanation:

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[tex]Risk Premium=R_{m}-R_{f}/tex] ,

where, [tex]R_{f} = Risk\ Free\ Rate\ Of\ Return/[tex]

           [tex]R_{m} = Market\ Rate\ Of\ Return/[tex]

           Risk Premium = 15 - 5 = 10%

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So, Risk Premium refers to the compensation an investor expects to earn for assuming higher risk by investing in market portfolio instead of investing his money in risk free class of assets.

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3 years ago
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