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denis23 [38]
3 years ago
13

Darrow Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last

year, the Corporation worked 10,000 direct labor-hours and incurred $80,000 of actual manufacturing overhead cost.
a. If overhead was underapplied by $2,000, the predetermined overhead rate for the Corporation for the year must have been _______.
Business
1 answer:
crimeas [40]3 years ago
4 0

Answer:

$7.8 per direct labor hour      

Explanation:

The formula to compute the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Total estimated manufacturing overhead = Actual manufacturing overhead - under applied overhead

= $80,000 - $2,000

= $78,000

And, the estimated direct labor hours is 10,000

So, the predetermined overhead rate is

= $78,000 ÷ 10,000

= $7.8 per direct labor hour              

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Wimpy Inc. produces and sells a single product. The selling price of the product is $160.00 per unit and its variable cost is $4
Over [174]

Answer:

$570,600

Explanation:

The formula for calculating break-even is:

Fixed Cost / Contribution per unit

The contribution per unit is calculated as, Sales - Variable cost.

Hence the break-even is,

399420 / 112 = 3566.25,

To get this in monthly dollar sales:

3566.25 * 160 = $570600.

Hope this Helps,

Good Luck.

6 0
3 years ago
If you receive a loan the money the lender gives you is called
garik1379 [7]
When you receive a loan, the money the lender gives you is called the LINE OF CREDIT. Answer B. 
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3 years ago
the southern division of knucklehead company has a return on investment of 15% and an investment turnover of 1.2 what is the pro
lutik1710 [3]

The profit margin of the Southern division of Knucklehead Company is 12.5%.

<h3>What is meant by profit margin?</h3>

Profit margin evaluates how much of each dollar in sales or services your company retains from its earnings and is stated as a percentage. When the net income of the business is divided by the net sales or revenue, the result is the profit margin. Profit margin is calculated as profit multiplied by revenue.

There is a net profit margin as well as a larger gross profit margin (smaller).  A bigger profit margin is always preferred because it indicates that the business makes more money from its sales. Profit margins indicated in percentage, however, might differ by industry. Retail businesses may have lower profit margins than growth companies, but they make up for this with bigger sales volumes.

A division's return on investment (ROI) = profit margin x investment turnover.

Given:

0.15 = profit margin x 1.20.

Profit margin = 0.15 / 1.2 = 0.125

So, 0.125 x 100 = 12.5%

To learn more about profit margin, visit:

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8 0
1 year ago
Under what circumstance might a certification authority (CA) revoke a certificate?
scoundrel [369]

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

The private key of the certificate holder has been breached and conditions may contribute to the withdrawal of a credential by a certification authority.

A certificate authority, sometimes also linked to as a qualification authority, is a service provider or institution that acts by issuing electronic documents to justify the identifications of institutions and bind them to encryption keys.

6 0
3 years ago
Using _____ requires gathering a lot of information about customers’ preferences and shopping patterns, and some customers get i
coldgirl [10]

Answer:

Personalization.

Explanation:

Using personalization in customer relationship management (CRM) requires gathering a lot of information about customers’ preferences and shopping patterns, and some customers get impatient with answering long surveys about their preferences.

This ultimately implies that, personalization deals with gathering information about a specific customer's choice such as taste, requirements, product preferences, shopping styles or patterns in order to be able to serve him or her better, through the provision of goods and services that meets their needs.

8 0
3 years ago
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