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Elanso [62]
3 years ago
11

Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rat

e for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. ​
Overhead Total Direct Labor Hours DLH per Product
A B
Painting Dept. $250,000 10,000 16 4
Finishing Dept. 75,000 12,000 4 16
Totals $325,000 22,000 20 20 ​ ​

Required:
Calculate the plantwide factory overhead rate for Adirondack Marketing Inc.

a. $6.25 per dlh
b. $14.77 per dlh
c. $0.07 per dlh
d. $25.00 per dlh
Business
1 answer:
tamaranim1 [39]3 years ago
8 0

Answer:

Predetermined manufacturing overhead rate= $14.77 per direct labor hour

Explanation:

Giving the following information:

Estimated overhead cost for the period= $325,000

Estimated total direct labor hours for the period= 22,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

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

Predetermined manufacturing overhead rate= 325,000 / 22,000

Predetermined manufacturing overhead rate= $14.77 per direct labor hour

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Answer:

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7 0
3 years ago
​Deborah's small department requires that communications be passed from one hierarchical level to the next. Deborah is discourag
andre [41]

Answer:

The correct answer is: Chain.

Explanation:

A chain network is a hierarchical structure in which each component of the chain or employee must transmit a message to its immediate hierarchical coworker. Chain networks can flow upwards or downwards in both cases working with the same pace of communication. Chain networks are usually implemented in bureaucratic institutions where the hierarchical structure is well-defined and the decision-making is centralized.

5 0
3 years ago
a company incurred the following costs: Selling and administrative expenses: $45,000; Direct materials: $15,000; income tax expe
Aloiza [94]

Answer:

Cost of good manufactured= $50000

Explanation:

Total manufacturing cost is the aggregate amount of cost incurred by a business to produce goods in a reporting period.

Generally accepted accounting principles require that the cost of goods sold shall consist of:

the cost of direct materials

the cost of direct labor

the cost of manufacturing overhead

<u>Expenses that are outside of the manufacturing facilities, such as selling, general and administrative expenses, are not product costs. </u>They are reported as expenses on the income statement in the accounting period in which they occur.

In this exercise:

<u>Cost of goods manufactured:</u>

Direct materials= $15000

Direct Labor=$30000

Factory overhead=$5000

Total= $50000

4 0
3 years ago
Those who are working are defined as_____ (one word) and those who are not working but actively seeking work are defined as____
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Those who're running are described as hired and people who aren't running however actively in search of paintings are described as unemployed.

The required details for Unemployment in given paragraph

Unemployment, in keeping with the OECD now no longer being in paid employment or self-employment however presently to be had for paintings all through the reference period. Unemployment is measured through the unemployment rate, that's the range of those who are unemployed as a percent of the hard work force (the overall range of humans hired introduced to the ones unemployed). Unemployment and the fame of the financial system may be stimulated through a rustic thru, for example, financial policy. Furthermore, the financial authority of a rustic, along with the relevant bank, can have an impact on the supply and price for cash thru its financial policy. In addition to theories of unemployment, some categorizations of unemployment are used for extra precisely modelling the consequences of unemployment within side the financial system. Some of the principle styles of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment and classical unemployment.

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8 0
1 year ago
ART has come out with a new and improved product. As a result, the firm projects an ROE of 27%, and it will maintain a plowback
emmasim [6.3K]

Answer:

$41.14

Explanation:

Dividend per share=$4

Divided=1-retained profits=1-.2=.8

Cost of equity=15%

Growth rate=27%*.2=5.4%

The formula is;

Current Stock price=Dividend/(cost of equity-growth rate)

Current stock price=4(1-.2)/(.15-.27*.2)=$33.33

Share price after 4 year will be=$33.33(1+.27*.2)^4=$41.14

4 0
3 years ago
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