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TEA [102]
3 years ago
14

Thomlin Company forecasts that total overhead for the current year will be $11,667,000 with 168,000 total machine hours. Year to

date, the actual overhead is $7,895,000 and the actual machine hours are 91,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a.$87 per machine hour b.$47 per machine hour c.$69 per machine hour d.$128 per machine hour
Business
1 answer:
Alenkinab [10]3 years ago
3 0

Answer: c.$69 per machine hour

Explanation:

The predetermined overhead rate is the rate that the company forecasted that overhead would cost per hour.

Thomlin Company forecasted that total overhead for the current year will be $11,667,000 with 168,000 total machine hours.

The Predetermined Overhead rate would therefore be,

= Total Forecasted Overhead / Machine Hour

= 11,667,000 / 168,000

= $69.44

= $69

This means that the forecast was that for every Machine Hour, overhead accrued was $69.

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What is the approach that Scrum encourages when a Team determines it will be difficult to deliver any value by the end of a Spri
garik1379 [7]

Answer:

A.  Together with the Product Owner, focus on what can be done and identify a way to deliver something valuable at the end of each Sprint

Explanation:

The approach that is to be applied for delivering the value that becomes difficult is to come together by involving the owner of the product so that we get to know by focusing it and identify the way for delivering the valuable things so that in return the customer could satisfy with the product and the chances of building a long term relation would became high

6 0
3 years ago
Westford Corporation has $185 million dollars of interest-bearing debt outstanding at the end of fiscal 2014 year. In addition,
Ratling [72]

Answer:

B) 9.1%

Explanation:

Cost of debt is the interest rate paid by a company due to borrowing money; i.e  debt from investors.

$185million in debt is the face value of debt that Westford Corporation had and the $26 million dollars of interest expense is the cost of the debt in dollars;

First, find pretax cost of debt ;

Pretax cost of debt = (Interest expense / Face value of debt )*100

= (26,000,000/ 185,000,000 )*100

=0.1405 *100

= 14.05%

Next, use pretax cost of debt to find after-tax cost of debt;

After-tax cost of debt = Pretax cost of debt (1-tax)

= 14.05% *(1-0.35)

= 9.13%

Therefore, Westford's cost of debt capital is 9.1%

6 0
2 years ago
The matching concept a. determines that expenses related to revenue be reported at the same time the revenue is reported b. addr
OLga [1]

Answer:

The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.

Explanation:

According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.

6 0
2 years ago
What is an example of a scarce factor of production?
Maru [420]

Answer:

An example of scarce source of production is "Labour"

Explanation:

An example of scarce source of production is "Labour"

Labour

This refers to the work done by those who contribute to the production  processes.  Many people not in paid employment also provide things that are needed by  people. For example, a woman might not hold a job in order to raise her children  and look after the home.  Some people are more productive in the work place than others because they  have different levels of education, training and experience. They are said to  possess a greater amount of human capital.  This implies that this factor can be enhanced in an economy through educational  initiatives and investment in training.

7 0
3 years ago
Read 2 more answers
The indifference policy advocates that dividends are irrelevant. firms are indifferent to dividend policy but stockholders are n
n200080 [17]

Answer:

The indifference policy advocates that dividends are irrelevant.

Explanation:

The indifference Policy holds that that dividends do not add value to a company’s stock price.

According to this theory, investors do not need to concern themselves with a company's dividend policy since they have the option to sell a portion of their portfolio of equities if they want cash.

This school of thought believes that a company’s declaration and payment of dividends should have little to no impact on the stock price.

7 0
3 years ago
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