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kolbaska11 [484]
3 years ago
15

Luthan Company uses a plantwide predetermined overhead rate of $22.20 per direct labor-hour. This predetermined rate was based o

n a cost formula that estimated $266,400 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor-hours. The company incurred actual total manufacturing overhead cost of $266,000 and 12,600 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period.
Business
1 answer:
nalin [4]3 years ago
6 0

Answer:

The amount of manufacturing overhead cost that would have been applied to all jobs during the period is $279,720

Explanation:

The computation of the amount of manufacturing overhead is shown below:

= Predetermined overhead rate per direct labor-hour × total direct labor-hours

= $22.20 × 12,600 direct labors

= $279,720

Since the predetermined overhead rate is already given in the question, so there is no need to recalculate it and the other items which are mentioned are not relevant for the computation part. Hence, ignored it

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From the question, we are informed that a review of major newspapers across the United States showed that "help wanted" advertisement lineage has been decreasing.

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A revised ___ should focus on changes in the organization's management, marketing, finances
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A revised IFE Matrix should focus on changes in the organization's management, marketing, finance and accounting, production and operations, research and development (R&D), and management information systems (MIS) strengths and weaknesses.

<h3><u>What is management information systems?</u></h3>
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4 0
2 years ago
Why might safety be more of a concern for a carpenter working on a construction site than for a joiner working in a workshop?
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4 0
3 years ago
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What can you expect when you ask clients for testimonials?
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5 0
4 years ago
Suppose a newly elected president cuts taxes by 20 percent: i. Assuming that the money supply is held constant, what are the new
Papessa [141]

Answer: hello your question has some missing information below is the missing information

An economy is initially described by the following equations:

C = 80 + 0.8(Y – T)

I = 120 –5r

M/P = Y – 25r

G = 100

T = 100

M = 2,700

P = 3

answer :

equilibrium interest rate ( r ) = 5.6%

equilibrium level of income = 1040

Explanation:

<u>a) New equilibrium interest rate </u>

T = 100 - 20/100 ( 100 ) = 80

Y = C + I + G

   = 80 + 0.8( y - 80 ) + 120 - 5r + 100

   = 236 + 0.8y - 5r

y  = 1180 - 25r  ------ ( 1 )

M/P = Y - 25r = 2700 / 3

y = 900 + 25r ------- ( 2 )

equate;  equation ( 1 ) and equation ( 2 )

1180 - 25r = 900 + 25r

∴ r = 5.6%

<u>b) Equilibrium level of Income </u>

To determine Equilibrium level of income we will use equation2

Y = 900 + 25(5.6)  = 1040

5 0
3 years ago
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