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arlik [135]
3 years ago
6

Bia garden store makes two types of gazebo. Making a wooden gazebo requires 4 hours of labor while making a metal gazebo require

s 10 hours of labor. During the most recent accounting period the company made 2,000 wooden gazebos and 500 metal gazebos. Indirect manufacturing costs amounted to $52,000 and are allocated based on labor hours. Based on this information: OA. $4 of overhead cost should be allocated to each gazebo regardless of the type. OB. $20.80 of overhead cost should be allocated to each gazebo regardless of the type. O C.$16 of overhead cost should be assigned to each wooden gazebo and $40 of overhead cost should be assigned to each metal gazebo. None of the answers are correct.
Business
1 answer:
Artyom0805 [142]3 years ago
8 0

Answer:

C.$16 of overhead cost should be assigned to each wooden gazebo and

   $40 of overhead cost should be assigned to each metal gazebo

Explanation:

2,000 wooden x 4 hours = 8,000 labor hours

500 metal x 10 = 5,000 labor hours

total hours 13,000

single manufacturing overhead: 52,000 / 13,000 = $4 per labor hours

wooden gazebos:  4hours x $4 = $ 16

metal gazebos:    10 hours x $4 = $40

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Budgeted Actual Overhead cost $909,000 $884,000 Machine hours 55,000 46,000 Direct labor hours 101,000 98,000 Overhead is applie
LiRa [457]

Answer:

Missing word <em>"(b) Determine the amount of overhead applied for the year?"</em>

<em />

1. Predetermined overhead rate = Budgeted overhead / Budgeted direct labor hours

Predetermined overhead rate = $909,000 / 101,000

Predetermined overhead rate = $9 per DLH

2. Overhead applied = Actual hours * Overhead rate

Overhead applied = 98,000 * $9 per DLH

Overhead applied = $882,000

3 0
3 years ago
True or false: an external transaction is a transaction the firm conducts with a separate economic entity.
mixer [17]

It is true that an external transaction is a transaction the firm conducts with a separate economic entity.

<h3>What are internal and external transactions?</h3>

An internal transaction is any financial activity that occurs within an organization rather than with a third party. Usually, money is exchanged between divisions or between the business and its employees. Even while internal transactions aren't sales like external ones are, they still have an impact on the company's finances.

An external transaction is one that involves a third party from outside the transaction. A company conducts external transactions the majority of the time throughout an accounting period.

The acquisition of goods from a supplier, the payment of cash to a creditor, and the payment of wages to employees are examples of external transactions.

To know more about external transactions visit: brainly.com/question/11867978

#SPJ4

7 0
1 year ago
Mineral-rich Zambia is one of the world's most important sources of uranium. It also is a source of copper, tin, diamonds (mainl
Otrada [13]

Answer:

A. Two

Explanation:

The number of cotton products 1  produced is as follows

1. Cottonseed

2. Cotton lint

These two products are produced by cotton and also it contains the name of cotton

Therefore all other products are not considered

hence, the first option is correct

All other information i.e given in the question is not relevant. Hence, ignored it

8 0
3 years ago
Investor information about the financial condition of a municipal issuer is most likely found in A) The Bond Buyer. B) the legal
Dahasolnce [82]

Investors find information about the financial condition of a municipal issuer in <u>D) the official statement</u>.

<h3>What is investor information></h3>

Investor information includes the facts, figures, and other disclosures about an entity that enables the investor to make investment decisions.  Most investor information is disclosed in the three financial statements.  These statements give details about the company's profitability, liquidity, leverage, including revenue, expenses, and the ability to meet its short-term and long-term financial obligations.

Thus, investor information is not found in the bond buyer, legal opinion, official sale notice but <u>the official statemen</u>t of the municipal issuer.

Lear more about investor information for decision-making here: brainly.com/question/2892259

5 0
2 years ago
Due to the complexity of the incident, the Incident Commander has expanded the Operations Section to include an Evacuation Group
Gnom [1K]

Answer:

Modular Organization

Explanation:

Modular organization is an Incident Command System structure that employs a top-down approach and identify a response organization structure on the basis of the size, complexity, or hazardous effect of an incident. It is the responsibility of the Incident Commander to establish and expand the modular organization as was the case in the example. The ICS organization was expanded to include the Evacuation Group due to the size, complexity, or severity of hazard.

3 0
3 years ago
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