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erica [24]
3 years ago
7

TP4.

Business
1 answer:
timofeeve [1]3 years ago
7 0

Answer:

There would be no under-applied or over-applied overhead since the overhead applied will be equal to budgeted overhead.

Explanation:

Overhead application rate is the ratio of budgeted overhead to budgeted activity level. Overhead applied is overhead application rate multiplied by actual activity level. Under/over-applied overhead is the difference between overhead applied and budgeted overhead.

You might be interested in
In January of 2015, the appropriate construction cost index had a value of $3,260. In January of 2005, the value was $1,746. In
Dennis_Churaev [7]

Answer:

11.63 million dollar

Explanation:

In 2005 the construction cost index was 1746 , in 2015 , it was 3260.

change in index in 10 years  = 3260-1746 = 1514

change in 5 years ( estimated ) = 757

Estimated index in 2010 = 1746 + 757

= 2503

Estimated index in 2020  = 3260 + 757

= 4017

Value of building in 2010 = 1746 million dollar

Value of similar building - X

X / 1746 = index in 2020 (probable ) / index in 2010

X / 7.25 = 4017 / 2503

X = 11.63 million dollar

8 0
3 years ago
1. What is the difference between structural and cyclical unemployment? In this context, what is the difference between Europe a
Elis [28]

Structural Unemployment is one that is permanent or long lived and Cyclical Unemployment does not have enough demand in the economy.

Explanation:

Structural unemployment results with a permanent dislocations within markets and a mismatch between skills in growing company needs. When the overall goods and service in an economy cannot support full employment that results with Cyclical unemployment.

The difference between Europe and US is, US has 50 states under one country whereas Europe is a union between countries.

Krugman uses the tax savings to buy their own stock, The evidence is overwhelming.

7 0
3 years ago
1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing
AURORKA [14]

Answer: Hello your question is incomplete below is the complete question

answer :

1) attached below

2a) Increases by $25,176

Explanation:

1) Attached below is the contribution format income statement

<u>2a) Determine by how much the net operating income will change </u>

monthly advertising increment = $25,000

Assumed increase in division's sales = 16%

first step : determine increment in contribution margin of west division

  = 313,600 * 0.16  = 50,176

change in net operating income = 50176 - monthly advert increment

                                                     = 50176 - 25,000 = $25,176 ( increases )

8 0
3 years ago
At the beginning of the current year, Martin Corporation purchases 20% of the outstanding shares of Foster Company for $200,000
ki77a [65]

Answer:

$5,000

Explanation:

Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares

Using this formula

Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased

Let plug in the formula

Amount to be reported as investment income=$25,000 x 20%

Amount to be reported as investment income= $5,000

Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000

3 0
3 years ago
The Widner Company manufactures two products: Stainless Serving Spoons and Stainless Serving Forks. The costs and revenues are a
Lady bird [3.3K]

Answer:

Option D. 5,400 9,000

Explanation:

The computation for the number of units produced is shown below:

But before that first determined the following calculations

Particulars             Spoons                  Forks

Selling Price          $150.00               $88.00

Less:

Variable cost per unit    $80.00          $42.00

Contribution margin

per unit                         $70.00            $46.00

Machine hour per unit    5                               3

Contribution margin

per machine hour                $14.00            $15.33

As we can see that the contribution margin per machine hour of the fork is greater so it should be the first utilized

For 9,000 forks, total machine hours is

= 9,000 × 3

= 27,000

Now no of the spoons produced would be

= 27000 ÷ 5

= 5,400

4 0
3 years ago
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