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
Stells [14]
4 years ago
4

Claybrooks Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the begin

ning of the year to calculate predetermined overhead rates: Casting Assembly Total Estimated total machine-hours (MHs) 3,000 2,000 5,000 Estimated total fixed manufacturing overhead cost $ 17,700 $ 5,800 $ 23,500 Estimated variable manufacturing overhead cost per MH $ 1.50 $ 2.20 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. The departmental predetermined overhead rate in the Casting Department is closest to: $1.50 $7.40 $5.90 $6.48
Business
1 answer:
Tasya [4]4 years ago
3 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Casting:

Total Estimated total machine-hours (MHs) 3,000  Estimated total fixed manufacturing overhead cost $ 17,700

Estimated variable manufacturing overhead cost per MH $ 1.50

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (17,700/3,000) + 1.50= $7.4 per machine hour

You might be interested in
A compound transaction was recorded as follows: debit Equipment, $5,000; debit Cash, $1500; credit Accounts Payable, $3,500. Thi
butalik [34]
The trial balance would disagree. It seems that the cash should be credited instead as the situation seems to me that the cash is being expended to pay for the equipment, and the remaining 3500 is liabilities. Therefore, the error should be corrected.
7 0
3 years ago
What is the name of the monetary policy rule that changes interest rates based on a target for the nominal gdp growth rate?.
vagabundo [1.1K]

The name of the monetary policy rule that changes interest rates based on a target for the nominal gdp growth rate is real GDP targeting.

<h3>What is a monetary policy?</h3>

It should be noted that a monetary policy are the actions that are taken in order to control the money in circulation.

In this case, the name of the monetary policy rule that changes interest rates based on a target for the nominal gdp growth rate is real GDP targeting.

Learn more about monetary policy on:

brainly.com/question/13926715

#SPJ1

8 0
2 years ago
Under firm-commitment underwriting, the _______ assumes the full risk that the shares cannot be sold to the public at the stipul
Gala2k [10]

Under firm-commitment underwriting, the underwriter bears the entire risk that the shares will not be sold to the public at the specified offering price.

What is Underwriter?
Any person who assesses and takes on another party's risk in exchange for payment—which frequently comes in the form of a commission, premium, spread, or interest—is an underwriter. While underwriters work for insurance firms, agents and brokers represent both consumers and insurance companies. The mortgage, insurance, equity, and some prevalent forms of debt security trading are just a few of the financial industries where underwriters play a crucial part. Sometimes referred to as a book runner, a lead underwriter holds this position.

To learn more about Underwriter
brainly.com/question/28401676
#SPJ4

7 0
1 year ago
Trade adjustment assistance:_________.a. provides financial assistance to all unemployed workers in the United Statesb. guarante
Butoxors [25]

Answer:

The correct answer is the option B: guarantees jobs for all workers displaced by imports or plant relocations.

Explanation:

To begin with, the name of <em>"Trade Adjustment Assistance"</em> or TAA refers to a federal program from the United States that establish that its government must act in the situations necessary in order to reduce the damage cause by imports that are felt by certain sectors of the U. S. economy. Moreover, this program's structure features four components and one of them is the program for workers in which is established that the TAA provides a variety of reemployment services to those workers who were displaced or lost their jobs due to the increase of the imports or the relocation of their work plants.

3 0
4 years ago
Customer experience management is a business science with the direct purpose of:
Paha777 [63]

As for customer experience management, Gartner sums it up pretty well in its definition: “the practice of designing and reacting to customer interactions to meet or exceed customer expectations and, thus, increase customer satisfaction, loyalty and advocacy.”

Customer satisfaction (CSAT) is a metric for gauging how well a company's goods, services, and general customer experience live up to expectations. By demonstrating how well your goods or services are received by customers, it represents the health of your firm.

In marketing, the phrase "customer satisfaction" is commonly used. It evaluates whether a company's goods and services meet or exceed customers' expectations.

Learn more about customer satisfaction here

brainly.com/question/25085148

#SPJ4

4 0
2 years ago
Other questions:
  • The following cost data pertain to the operations of Bouffard Department Stores, Inc., for the month of May. Corporate legal off
    5·1 answer
  • Being the person everyone goes to with their computer questions in an organization is an example of what type of power?
    8·1 answer
  • The Caesar Park Hotel generally caters to business customers during the week, so weekends are relatively quiet. The hotel has de
    8·1 answer
  • QUESTION 1
    15·1 answer
  • Consider the relationship between monopoly pricing and price elasticity of demand. If demand is inelastic and a monopolist raise
    6·1 answer
  • The development of the global economy is often called
    10·2 answers
  • Select the correct answer.
    11·1 answer
  • When it comes to management issues, small businesses Multiple Choice deal with very different issues than large companies or cha
    8·1 answer
  • As an alternative to selling shares of stock as a means of raising funds, a large company could, instead, a. use equity finance.
    10·1 answer
  • A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!