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
professor190 [17]
3 years ago
15

Watson Company applies overhead on the basis of machine hours. Given the following data, compute the amount of overhead applied

for the period. Estimated annual overhead cost $1,500,000 Actual annual overhead cost $1,485,000 Estimated machine hours 300,000 Actual machine hours 295,000
A: $1,475,000
B: $1,500,000
C: $1,525,425
D: $1,485,000
Business
1 answer:
Dmitriy789 [7]2 years ago
6 0

Answer:

A: $1,475,000

Explanation:

The computation of the overhead applied is shown below:

But before that first determine the predetermined overhead rate which is

= Estimated annual overhead cost ÷ Estimated machine hours

= $1,500,000 ÷ 300,000

= $5

Now the applied overhead is

= Predetermined overhead rate × Actual machine hours

= $5 × 295,000

= $1,475,000

You might be interested in
The field of accounting that focuses on providing information for external decision makers is.
kykrilka [37]
Levels tho i just need a new one to keep it in the bed with the baby baby girl baby
5 0
1 year ago
Match your vocabulary word with the phrase that defines it. 1 . how land is used in cities overurbanization 2 . a situation in w
Stella [2.4K]

1. How land is used in cities – URBAN FORM

2. A situation in which resources are being used up at a faster rate than they can be replaced – UNSUSTAINABLE DEVELOPMENT

3. A situation in which more people live in an area than the area can provide services for – OVER-URBANIZATION

4. The increase in the population of a city – URBANIZATION

5. An area's ability to meet its needs without reducing its ability to meet its future needs – SUSTAINABLE DEVELOPMENT

7 0
3 years ago
What is the safest way to dispose of old bank account statements?
zheka24 [161]
Soaking the documents in water after tearing them up words well, burning them is less safe, but is the safest for your records, always tear or shred them no matter what
7 0
3 years ago
Aaron promises to sell his boat to Matt, and Matt promises to buy it from Aaron. What type of contract is this? Group of answer
Minchanka [31]

Answer: c. A bilateral contract

Explanation:

In a bilateral contract, the parties involved promise to both perform duties to the other which will make them both an obligor and an obligee.

An obligor is one who owes a duty to another and the obligee is one who a duty is owed to.

Aaron both owes a duty to sell the boat to Matt as well as being owed by Matt the duty to buy his boat. The same goes for Matt thus making this a bilateral contract.

5 0
3 years ago
An apparel manufacturing plant has estimated the variable cost to be $2.40 per unit. Fixed costs are $2,000,000 per year. Forty
marta [7]

Answer:

BEP units:          42,017

BEP dollars: 2,100,850

unit cost at 100,000 units produced: 22.40 dollars

operating profit :    1,656,000

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

50 - 2.4 = 47.6 contirbution margin per unit

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

2,000,000/47.6 = 42.016,80 BEP units

BEP units x sales price = BEP dollars

42,017 x 50 = 2,100,850

(B)

fixed cosy/ units produced = fixed cost per unit

2,000,000/ 100,000 = 20 fixed cost per unit

fixed cost + variable cost = total cost

20 + 2.40 = 22.4

(C)

There are 40% units sold at the preferred customer at cost

So we sale at gain only 60% of the units:

100,000 units x 60% x 50       =  3,000,000

100,000 units x 40% x 22.40  =     896,000

Total revenue                              3,896,000

Cost: 100,000 x 22.40          <u>     (2,240,000)  </u>

operating profit                            1,656,000

4 0
3 years ago
Other questions:
  • What should Susan's three main talking points be to convince her Mom that she should file her own tax
    10·1 answer
  • Your bank account pays a 5% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is
    14·1 answer
  • Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the
    6·1 answer
  • A(n) _____ is a characteristic that consumers may have difficulty assessing even after purchase because they do not have the nec
    13·1 answer
  • On December 31, 2021, L Inc. had a $3,500,000 note payable outstanding, due July 31, 2022. L borrowed the money to finance const
    11·1 answer
  • The Assembly Department started the month with 78,000 units in its beginning Work in Process Inventory. An additional 254,000 un
    5·1 answer
  • Explain and give an example of any three of the following: good, service, free good, nuisance good, economic good, economic serv
    13·1 answer
  • Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 9 pounds of direct materials at a cost of $3
    15·1 answer
  • Kaniper Company has the following items at year-end:Cash in bank: $35,000Petty cash: $500Short-term paper with maturity of 2 mon
    11·1 answer
  • Why is good judgement important to making budgeting decisions
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!