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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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Answer:

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4 0
3 years ago
The main output of the ______ process is the stakeholder register.
liq [111]
Hello!
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The answer to your questions is "identifying stakeholders".
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7 0
3 years ago
You own $2,000 of city steel stock that has a beta of 2. 5. you also own $8,000 of rent-n-co (beta = 1. 9) and $4,000 of lincoln
Goshia [24]

You own $2,000 of city steel stock that has a beta of 2. 5. you also own $8,000 of rent-n-co (beta = 1. 9) and $4,000 of lincoln corporation (beta = 0. 25). 1.51 is the beta of your portfolio?

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Portfolio beta = 1.51.

Lincoln corporation announced last year that it will cease manufacturing the Continental and MKZ at the end of 2020. The rest of the 2020 models can be purchased new. When those are gone, Lincoln will be left with an all-SUV lineup.

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6 0
1 year ago
Which of the following is an example of a cross-functional business process?
Westkost [7]

An example of a cross-functional business process is <u>e. Hiring employees</u> because it involves more than the HR department.

<h3>What is a cross-functional business process?</h3>

The cross-functional business process is a business process that involves many divisions or departments.  Each department contributes its part to the production workflow or to the fulfillment of the process.

For example, in <u>creating a new product</u>, many departments must be involved.  Other processes that involve many departments are product development, lead management, client orders processing, and other critical processes.

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4 0
2 years ago
The predetermined overhead rate for manufacturing overhead for 2018 is $4.00 per direct labor hour. Employees are expected to ea
ExtremeBDS [4]

Answer:

$60,000= total estimated overhead costs

Explanation:

Giving the following information:

The predetermined overhead rate for manufacturing overhead for 2018 is $4.00 per direct labor hour.

Direct labor hour= $5.00 per hour

<u>Direct labor hours= (100,000*0.75)/5= 15,000 hours</u>

To calculate the estimated overhead costs, we need to use the following formula:

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

4= total estimated overhead costs for the period/15,000

$60,000= total estimated overhead costs for the period

7 0
3 years ago
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