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
stiv31 [10]
3 years ago
10

Jeremy Corporation estimated manufacturing overhead costs for the year to be $500,000. Jeremy also estimated 8,000 machine hours

and 2,000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours. On January 31, Job 25 was completed. It required 6 machine hours and 1 direct labor hour. What is the amount of manufacturing overhead allocated to the completed job? (Round your intermediate calculations to one decimal place.)
Business
1 answer:
Crank3 years ago
4 0

Answer:

Allocated overhead= $375

Explanation:

Giving the following information:

Jeremy Corporation estimated manufacturing overhead costs for the year to be $500,000. Jeremy also estimated 8,000 machine hours and 2,000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours.

On January 31, Job 25 was completed. It required 6 machine hours and 1 direct labor hour.

First, we need to calculate the predetermined overhead rate:

predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base

predetermined overhead rate= 500,000/8000= $62.5 per machine hour

Allocated overhead= predetermined overhead rate* actual hours= 62.5* 6= $375

You might be interested in
What is the answer I chose the one I thought was the answer
asambeis [7]

Answer: I think that ones the answer too

4 0
3 years ago
Read 2 more answers
Dividing a diverse market into groups of customers who share similar traits or characteristics is the process known as:
victus00 [196]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. A market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

5 0
3 years ago
Choose the statement that is incorrect.
MAVERICK [17]

Answer:

B. In the long​ run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.

Explanation:

As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.

But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same

This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate

Hence, option B is incorrect

5 0
3 years ago
the market risk premium equals the question 37 options: risk-free rate of return plus the inflation rate market rate of return m
Novosadov [1.4K]

The Market Risk Premium (MRP) is the difference between the market portfolio's expected return  and the risk-free rate.

<h3>What is market ?</h3>
  • A market is a place where buyers and sellers come together to facilitate the exchange and trading of goods and services.
  • A market place can be physical, like a retail store, or virtual, like an e-merchant.
  • Many of the other  examples include illegal markets, auction markets, and financial markets.
  • The structure of the economic market  can be divided into four categories: Perfect competition, monopoly competition, oligopoly,  monopoly.
  • Categories differ in the following characteristics: The number of producers is large in monopoly competition, few in oligopoly, and he is one in monopoly.
  • Markets matter. Markets are the mechanisms through which shares of a company  are bought and sold, providing companies with access to cash.
  • Markets are very important for pricing, liquidity transformation, and enabling businesses to meet customer needs.

To learn more about market from the given link :

brainly.com/question/25754149

#SPJ4

6 0
1 year ago
Which sentence best demonstrates an appropriate style for an argumentative essay? anyone who believes we should increase taxes i
oee [108]

I believe the answer is: Increasing taxes would place an unnecessary hardship on the citizens and should be avoided

Argumentative essay refers to a type of essay that is created in order to convince other people to adopt a certain idea or opinion. Appropriate style for an argumentative essay usually include clear correlation on how a certain action or choice would resulted in a certain situation/results , just like the sentence above.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose there is an ordinary deductible of $40 and the maximum payment by the insurer is $130. Determine the standard deviation
    6·1 answer
  • An industry comprised of four firms, each with about 25 percent of the total market for a product is an example of:
    9·1 answer
  • Were did west African slave traders get their slaves to sell to Europeans ​
    9·1 answer
  • Jorge is creating a directory of student phone numbers and addresses. He performed a query to obtain the data he will include. H
    8·2 answers
  • The following balance sheet information was provided by Western Company: Assets Year 2 Year 1 Cash $ 4,000 $ 2,000 Accounts rece
    5·1 answer
  • By taking the consumer journey and consumer expectations into consideration in the development, integrated marketing communicati
    13·1 answer
  • Lowering the cost of each item produced because of high-volume production brought on by demand stimulation is
    7·1 answer
  • Who carries the animal from the farm to the market or packer?
    7·2 answers
  • Please answer correct 100 points and brainiest I'm timed please answer a real answer
    10·1 answer
  • Businesses see less demand and begin to lose money. Unemployment and interest rates rise, and consumers
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!