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Stella [2.4K]
3 years ago
7

Miller Company expected to incur $ 15,000 in manufacturing overhead costs and use 6,000 machine hours for the year. Actual manuf

acturing overhead was $ 9,800 and the company used 6,300 machine hours.
a. Calculate the predetermined overhead allocation rate using machine hours as the allocation base.
Business
1 answer:
Vsevolod [243]3 years ago
8 0

Answer:

The predetermined overhead allocation rate is $2.5 per machine hour

Explanation:

Predetermined overhead allocation rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is allocated. It is a rate at which the overhead is allocated to a product / project/ department.

Predetermined overhead allocation rate = Expected overhead / Expected activity

Predetermined overhead allocation rate = Expected overhead / Expected machine hours

Predetermined overhead allocation rate = $15,000 / 6,000 machine hours

Predetermined overhead allocation rate = $2.5 per machine hour.

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In what federal body do all bills concerning taxes/revenue originate?
Ivenika [448]

Answer:

House of Representatives

Explanation:

House of Representatives, it is the lower house of United States congress that is made up of the House of Representatives and Senate, which is the body of officials that are elected as well as represent the individual districts in their home states.

The work involve the members to vote and pass the laws. And the numbers of the house members is determined through the state population and their term of two years.

Therefore, the federal body of House of Representatives are the one who perform the bills in relation to the taxes or revenue originate.

7 0
3 years ago
____ occurs when methods excessively depend on each other and makes programs more prone to errors.
const2013 [10]
Tight coupling occurs
3 0
3 years ago
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A company has revenue of $1000 in 2009. Our current estimate is that revenues will grow 25% per year. Our profit each year will
Dominik [7]

Answer:

85.3%

Explanation:

since profits = 20% of total revenue, so total revenue = $15,000 / 20% = $75,000

That means that total revenue must grow from $1,000 to $75,000 in just 7 years. We can use the future value formula to determine the growth rate:

future value = present value x (1 + r)ⁿ

$75,000 = $1,000 x (1 + r)⁷

(1 + r)⁷ = $75,000 / $1,000 = 75

⁷√(1 + r)⁷ = ⁷√75

1 + r = 1.853

r = 1.853 - 1 = 0.853 = 85.3%

7 0
3 years ago
The fabric costs $14.00 per yard.if you buy 5 yards or more, you can get 20% off.how much would five yards cost on sale?
Rasek [7]
If you were to buy 5 yards at $14 a yard, your first cost would be at $70. But with 14 being 20% of 70, you would subtract 14 out of the $70, which would leave your final cost at $56.
7 0
4 years ago
A scientist has samples of both nitrogen (N2) and hydrogen (H2). Both of these substances are odorless, colorless gases at room
Alex17521 [72]

Answer: C.  A new compound formed when nitrogen and hydrogen chemically reacted.

Explanation:

Due to the temperature increase, the atoms of both Nitrogen and Hydrogen reacted chemically with one another and formed a new compound which was still colorless but now had a strong odor as well.

This new compound is known as Ammonia with the chemical composition NH₃. It is formed when Hydrogen and Nitrogen react chemically. Ammonia is a colorless gas with a sharp strong odor.

3 0
3 years ago
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