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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 definition of business
tester [92]

Answer:

See below

Explanation:

Business refers to the practice of producing or purchasing goods and services for sale to make a profit. It is the act of engaging in commercial activities of buying and selling products and services for profits.

Business entails individuals and companies' activities of supplying desired products and services to customers with profit motives. A businessperson identifies a need in the community. He or she sells to the community goods or services that satisfy that need a higher price to make a profit.

7 0
3 years ago
You plan to purchase a $330,000 house using either a 30-year mortgage obtained from your local savings bank with a rate of 8.00
neonofarm [45]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
3 years ago
Sunset Corporation (a C corporation) had operating income of $200,000 and operating expenses of $175,000. In addition, Sunset ha
sleet_krkn [62]

Answer:

Sunset Corporation's taxable income is $3,000

Explanation:

Calculation of Sunset Corporation's taxable income is as worked below

Taxable Income = Operating Income - Operating Expenses + Capital Gains - Capital Losses  

Taxable Income = $200,000 - $175,000 + $30,000 - $52,000

Taxable Income = $3,000.  Hence, Sunset Corporation's taxable income is $3,000

 

Note that taxable income is the amount of income used to calculate how much tax an individual or a company owes or is going to pay the government in a particular tax year.

4 0
4 years ago
What form of training and development evaluation is a good way to obtain feedback quickly and inexpensively?
grandymaker [24]

Answer:

a. reaction

Explanation:

<u>Participant reactions</u> are the most basic way to see how they assessed the  training and development evaluation made by the HR department. Although the behavioral change would fully reflect how the development and training actually went, it takes time to see when and how employees will implement the learnt skill or knowledge in work.

Therefore, the easiest and least expensive way to measure satisfaction and get timely feedback is to follow the reactions of the participants.

6 0
3 years ago
In general, for large and complex projects, which approach to project management is more likely to be a critical success factor
Novay_Z [31]

Answer: Technical skills

Explanation:

For a project that is large and complex, the manager involved needs to have skills that will enable them take advantage of any situation that arises be it Postive or negative by being able to use the technical skills that have.

Having Technical skills means that the manager as well as being able to handle the physical aspects of the project, will be able to handle other aspects as well such as financial, marketing and design.

Technical skills are definitely more

likely to be a critical success factor for the project manager.

4 0
4 years ago
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