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
8090 [49]
4 years ago
8

Thomlin Company forecasts that total overhead for the current year will be $11,597,000 with 164,000 total machine hours. Year to

date, the actual overhead is $7,833,000 and the actual machine hours are 83,000 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.$94 per machine hour b.$48 per machine hour c.$71 per machine hour d.$140 per machine hour
Business
1 answer:
Pepsi [2]4 years ago
4 0

Answer: c.$71 per machine hour

Explanation:

The Pre-determined Overhead rate is the rate Thomlin Company forecasted that the company would incur total overhead for the current year.

They forecasted total overhead of $11,597,000 with 164,000 total machine hours.

Since the rate is based on Machine Hours the rate would be,

= Total Forecasted Overhead / Total Forecasted Machine Hours

= 11,597,000 / 164,000

= 70.71

= $71

You might be interested in
OSHA is an acronym that represents:
Svetach [21]
Your answer would be D.) Occupational safety and health administration 

5 0
3 years ago
The accounting department of a large firm is interested in modeling the dynamic of its accounts receivable (that is,the money th
Illusion [34]

Answer:

Explanation:

Here is the Markov chain, when the problem says 'terminating' it means that the probability after seven months never changes. After six months

accounting moves it to "bad debt," and, for the purposes of this problem, transistion probabilites end.

Month one: paid 0.8 unpaid 0.2

Month two: paid 0.7 unpaid 0.3

Month three: paid 0.6 unpaid 0.4

Month four: paid 0.5 unpaid 0.5

Month five: paid 0.4 unpaid 0.6

Month six: paid 0.3 unpaid 0.7

Month seven: and above paid 0 unpaid 1.0

8 0
3 years ago
Which of the following is not a major influence on business buyer behavior? individual factors organizational factors environmen
Shtirlitz [24]

Answer:

procurement factors

Explanation:

A consumers buyer behavior is influenced by four major factors; cultural, social, personal, and psychological factors. These factors cause consumers to develop product and brand preferences

Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations

4 0
3 years ago
Read 2 more answers
Wesley works on an automobile assembly line. His job is to complete the final installation of the GPS for each automobile that i
Rasek [7]

Answer:

True

Explanation:

The reason is that when the job becomes very standardized the person becomes highly trained in that core area which is a result of continuous supervision of the upper management and due to repetitive task assigned. The person who will be supervising Wesley will also be supervising other employees of same category as Wesley. So this is true and is very common in contemporary organizations.

8 0
3 years ago
Write about the main occupation of nepal​
Zanzabum

Answer:

The main occupation of Nepal is agriculture. The process of producing foods, vegetable, crops by cultivating land is known as agriculture. About 80% of people are involved in agriculture as their occupation. Agriculture is the base of the Nepalese people and also for Nepal.

3 0
3 years ago
Other questions:
  • Management by exception:
    15·1 answer
  • he employees at Purple & Gold Inc. are expected to complete their work and leave the office premises by 6:00 p.m. Team outin
    10·1 answer
  • Rip garage, inc. (459 ellis avenue, harrisburg, pa 17111), is an accrual basis taxpayer that repairs automobiles. in late decemb
    7·1 answer
  • Adding expectancy theory to the model of motivation and performance illustrates how the interaction of valence, expectancy, and
    15·1 answer
  • Below are transactions related to Impala Company.
    15·1 answer
  • The European Community’s Directive on Data Protection strictly limits how database information is used and who has access to it.
    13·2 answers
  • At the beginning of the month, the forming department of martin manufacturing had 10,000 units in inventory, 30% complete as to
    5·1 answer
  • he Yachtsman Fund had NAV per share of $36.12 on January 1, 2016. On December 31 of the same year, the fund's NAV was $39.71. In
    14·1 answer
  • A restaurant Soup4u uses 60 bags of tomatoes each month. The tomatoes are purchased from a supplier for a price of $80 per bag a
    14·1 answer
  • Inventories held for sale in the normal course of business are classified in the balance sheet as?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!