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
rjkz [21]
3 years ago
11

Helio Company has two products: A and B. The annual production and sales of Product A is 1,850 units and of Product B is 1,250 u

nits. The company has traditionally used direct labor-hours as the basis for applying all manufacturing overhead to products. Product A requires 0.3 direct labor-hours per unit and Product B requires 0.6 direct labor-hours per unit. The total estimated overhead for next period is $100,485. What is the company’s predetermined overhead rate?
Business
1 answer:
iren2701 [21]3 years ago
4 0

Answer:

Estimated manufacturing overhead rate= $77 per direct labor hour

Explanation:

Giving the following information:

Production:

Product A: 1,850 units

Product B: 1,250

Hours required:

Product A: requires 0.3 direct labor-hours per unit

Product B: requires 0.6 direct labor-hours per unit.

The total estimated overhead for the next period is $100,485.

First, we need to calculate the total amount of direct labor hours required:

Total direct labor hours= 0.3*1,850 + 0.6*1,250= 1,305 hour

To calculate the estimated manufacturing overhead rate we need to use the following formula:

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

Estimated manufacturing overhead rate= 100,485/1,305= $77 per direct labor hour

You might be interested in
Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: The bank owes Sam $100 per y
joja [24]

Answer:

X=97.24

Explanation:

PV = Present Value = X+2000 by the 16th years

PMT = Payments = $100

FV = Future Value = 2000 at the end of 16 years

n= number of years

Applying the equation of future value for annuity

FV = pmt* ​((1+r)ⁿ - 1   )/r

Inputting the values;

2000=100*((1+r)¹⁶-1)/r

Solving for r, gives r = 2.9%

Therefore using the formula for PV for annuity;

PV=PMT*(1-(1/1+r)/r)

X=100*(1-(1/1.029)/0.029

X=100*((1-0.9718)/0.029)

X=100*(0.0282/0.029)

X=97.24

7 0
3 years ago
Policies based on ABC analysis might include investing __________.A. extra care in forecasting for C items. B. more in supplier
Ilia_Sergeevich [38]

Answer:

Correct option is B

more in supplier development for A items.

Explanation:

In materials management, the ABC analysis is an inventory categorization technique. ABC analysis divides an inventory into three categories—"A items" with very tight control and accurate records, "B items" with less tightly controlled and good records, and "C items" with the simplest controls possible and minimal records.

The ABC analysis provides a mechanism for identifying items that will have a significant impact on overall inventory cost, while also providing a mechanism for identifying different categories of stock that will require different management and controls.

6 0
3 years ago
As described in your text, Brown and Finn (1982) found that attitudes regarding alcohol were somewhat different for 12-year-olds
Leno4ka [110]

Answer:

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

Explanation:

Cross-sectional observational estimates are based on findings with Various data that exist in various groups in the same period. This indicates that there was no other procedure wad made, so no factors are influenced by the analyst.

In this situation, there were various age groups involved in the Experiment at the same time.

8 0
3 years ago
How many major OEMs manufacture Class 8 trucks<br> for the North American market?
Alex Ar [27]

Answer:

There are four major OMEs manufacturer trucks for the North American market

3 0
2 years ago
To pay for college, Henry received the following: $1,000 scholarship from the Thespian Club to pay for books $4,000 scholarship
Alika [10]

Answer:

$5,000

Explanation:

Money received as scholarship and used to pay for tuition or related expenses is not included in the gross income. So the $1,000 scholarship from the Thespian Club and the $4,000 scholarship from the Elks Lodge are not taxable. The only taxable income that Henry earned is the $5,000 that he was paid for being a dorm supervisor.

6 0
3 years ago
Other questions:
  • Which government agency has the authority to ban or seize potentially harmful products and set severe penalties for violation of
    14·1 answer
  • Zachary Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the compan
    13·2 answers
  • You are currently getting 26 sales opportunities per day and closing 64% of them. Employee: Wow, I am closing __________ sales o
    5·1 answer
  • Ersatz Beneficial Insurance wants to estimate the cost of damage to cars due to accidents. The standard deviation of the cost is
    12·1 answer
  • A manufacturer of a very labor-intensive product wishes to employ the 'experience curve' to predict the AVC associated with vari
    15·1 answer
  • At the end of each of the next 5 years, you will deposit the following amount into your savings account: Year Cash Flow 1 $200 2
    15·1 answer
  • hola ¡antes estaba como ruedanatalia222 nose que paso se me borro la cuenta los puntos los corazon los seguidores las CORONAS ¡¡
    7·1 answer
  • Laker Company reported the following January purchases and sales data for its only product. The Company uses a periodic inventor
    5·1 answer
  • When a country imposes tariffs, it is likely to cause
    9·2 answers
  • A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!