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
sertanlavr [38]
3 years ago
14

Luthan Company uses a plantwide predetermined overhead rate of $23.40 per direct labor-hour. This predetermined rate was based o

n a cost formula that estimated $257,400 of total manufacturing overhead cost for an estimated activity level of 11,000 direct labor-hours. The company incurred actual total manufacturing overhead cost of $249,000 and 10,800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period.
Business
1 answer:
LiRa [457]3 years ago
4 0

Answer:

$252,720

Explanation:

As for the provided details:

Predetermined overhead rate is based on 11,000 direct labor hours.

The rate identified as $23.40

Since the actual activity is less than the standard labor hours, that is actual labor hours = 10,800

Thus, actual overheads to be applied based on predetermined rate shall be = Rate determined \times actual hours

= $23.40 \times 10,800 = $252,720

You might be interested in
Job control unionism seeks to achieve all of the following except:A. Increase employee participation and decrease managerial con
Tasya [4]

Answer:

A. Increase employee participation and decrease managerial control.

Explanation:

Unions are basically the key to decrease managerial control as much as possible and increase the power wielded by the workers.

5 0
4 years ago
In each succeeding payment on an installment note:
Serggg [28]

Answer:

In each succeeding payment on an installment note:

b. The amount that goes to interest expense decreases.

Explanation:

With each installment settled, the principal amount will continue to reduce and as a result, the amount that will be recognized as interest expense will also decrease.  This is because the interest expense is calculated based on the principal amount, which is decreasing with each installment.  The interest expense for a previous period will not be the same for the future period.

5 0
3 years ago
Why are certain crime losses, such as the theft of furs and jewelry, a more difficult exposure to insure than fire loss?
a_sh-v [17]

Answer:

It is very simple, if your house burns down, the evidence is there. All you need to do it look at a house that burnt down either completely or partially, but its easy to verify.

On the other hand, if you report that a necklace was stolen, it is really difficult to verify. Unless it is a unique jewel that is worth a ton of money, you could have simply given it away as a gift and then report it as stolen. The opportunities for insurance fraud are many when dealing with jewelry or other valuable objects that can be moved around easily.

The second question about different grants of authority refer to the organizational structure of a company. E.g. a salesperson in Best Buy is able to sell any item or items to regular customers. But sometimes a large order comes and the company must decide whether to discount the price or not, and then management kicks in and decides. The same happens to insurance agents. A company decides that some agents deal with policies that involve X amount of risk. If the level of risk is higher, they must work with other agents that are authorized to deal with high risk policies. It is basically a clearance level where employees are authorized up to this amount, and above that amount, other employees must be involved.

5 0
3 years ago
Suppose an investment of 10,000 doubkes in value every 13 years. how much is the investment
nadezda [96]
130000 I think I hope so
5 0
4 years ago
What are some of the causes for Error 1921 when updating when using turbo tax?
nikdorinn [45]
Confirm that you have adequate benefits to stop framework administrations may happen when endeavoring to refresh TurboTax. This can be brought on by foundation forms that back your PC off or a deformity in the Microsoft.NET records on your system.Dec 28, 2016
3 0
4 years ago
Other questions:
  • Consider the following production and cost data for two products, Q and P: Product Q Product P Contribution margin per unit $35
    9·1 answer
  • Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
    12·2 answers
  • Sales revenue$ 4,000Purchases of direct materials$ 400Direct labor$ 450Manufacturing overhead$ 620Operating expenses$ 650Beginni
    11·1 answer
  • Google: What is corporate responsibility?
    12·1 answer
  • Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be
    9·1 answer
  • All of the following are good ways to follow up with a new business contact except -
    15·1 answer
  • Long Construction Company uses the percentage-of-completion method of accounting for long-term construction contracts. During 20
    7·1 answer
  • Section​ 1(1) of the Restatement​ (Second) of Agency defines agency as​ a(n) _____ relationship ​"which results from the manifes
    10·1 answer
  • 1.4 The process of allocating a business function to a
    9·1 answer
  • Find the amount of money in a savings account after 5 years if you deposit $400 at 1.5% interest compounded
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!