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
laiz [17]
3 years ago
9

Tungsten, Inc. manufactures both normal and premium tube lights. The company allocates manufacturing overhead using a single pla

ntwide rate with machine hours as the allocation base. Estimated overhead costs for the year are $ 104 comma 000. Additional estimated information is given below. Normal Premium Machine hours​ (MHr) 27 comma 000 41 comma 000 Direct materials $ 57 comma 000 $ 480 comma 000 Calculate the predetermined overhead allocation rate.​ (Round your answer to the nearest​ cent.)
Business
1 answer:
lara [203]3 years ago
4 0

Answer:

Estimated manufacturing overhead rate= $1.53 per machine hour

Explanation:

Giving the following information:

The company allocates manufacturing overhead using a single plantwide rate with machine hours as the allocation base.

The estimated overhead costs for the year are $ 104,000.

Machine hours​ (MHr)= 27,000 + 41,000= 68,000 machine hours

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

Estimated manufacturing overhead rate= 104,000/68,000= $1.53 per machine hour

You might be interested in
​Moe's Pizza Shop sells a large pizza for​ $12.00. Unit variable expenses total​ $8.00. The breakeven sales in units is​ 7,000 a
Nookie1986 [14]

Answer:

Margin of safety= $12,000

Explanation:

Giving the following information:

Moe's Pizza Shop sells a large pizza for​ $12.00. Unit variable expenses total​ $8.00. The breakeven sales in units are​ 7,000 and budgeted sales in units are​ 8,000

To calculate the margin of safety in dollars, we need to use the following formula:

Margin of safety= (current sales level - break-even point)

Margin of safety= (8,000*12) - (7,000*12)= $12,000

3 0
3 years ago
9. Matilda just graduated from college. In order to devote all her efforts to college, she did not hold a job. Matilda just grad
frosja888 [35]

Answer:

Remain the same; remain the same.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

There are different measures used in the measurement of the unemployment rate in a country's economy and these includes;

A. U-1: this is the percentage of people that are unemployed for at least 15 weeks or more.

B. U-2: this is the percentage of the people who have lost their job or the people that finished a temporary job.

C. U-3: this is the percentage of the population that is unemployed but actively seeking employment.

All things being equal (ceteris paribus), the unemployment rate would remain the same and the labor force participation rate remain the same because Matilda has decided to cruise around the country on her motorcycle for a month before she starts looking for work.

4 0
3 years ago
Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatme
e-lub [12.9K]

The company's payment = $1640,

Carol's total cost = $410.

<u>Step-by-step </u>

<u>Given:</u>

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by:

                                           =$2300-$250

                                          =$2050

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the Company's Payment is given by:

Company Pays 80% which translates to 0.8

       Company Payment   = 0.8*2050

       Company Payment  = $1640

Carol's total cost after the payment of company is given by

                      Carol pays  = $2050 - $1640

                      Carol pays = $410

Hence, the company's payment was $1640, Carol's total cost was $410.

Learn more about Insurance on:

brainly.com/question/25855858

#SPJ4

8 0
2 years ago
If a legal monopoly owns the exclusive rights to a good for 20 years, it has a ________ for that good.
Nastasia [14]

If a legal monopoly owns the exclusive rights to a good for 20 years, it has a patent for that good.

What do you mean by monopoly?

Monopoly translates to "alone to sell." When there is only one vendor of a given commodity, there is little to no intense rivalry from other sellers. We'll examine the characteristics of a monopoly market in this post.

What do u understand by patent?

An innovator receives a property right known as a patent from a government body. In exchange for full disclosure of the innovation and for a set amount of time, a patent grants the creator exclusive rights to the patented process, design, or invention.

Learn more from monopolies: brainly.com/question/13113415

#SPJ4

4 0
2 years ago
Which of the following statements is false?
tangare [24]
I believe the In a limited liability partnership, all partners are limited partners
4 0
3 years ago
Read 2 more answers
Other questions:
  • Supply a statement that refers to the wage-price spiral process.
    6·2 answers
  • Does the word abstract have to be on the second page of a paper in apa format
    13·1 answer
  • g For a period during which the quantity of inventory at the end was smaller than that at the beginning, income from operations
    6·1 answer
  • Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:
    5·1 answer
  • The accounting and finance department performs processes such as creating financial statements, paying accounts payables, and co
    13·1 answer
  • Indicating where an idea or fact came from is known as:
    11·2 answers
  • True or false? there is overwhelming evidence that interdiction has dramatically reduced the availability of illicit drugs.
    10·1 answer
  • What are three typical reasons why companies develop their own information systems?
    12·1 answer
  • An organization decides to send cashiers who have a high incidence of shortages on the job to a retraining program in order to c
    14·1 answer
  • Mobile Minutes Company offers Nate an unlimited number of monthly phone minutes for $4.50 per month. Nate accepts. If a dispute
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!