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
Ulleksa [173]
2 years ago
7

Bagley Corporation expects to incur $900,000 of factory overhead and $600,000 of general and administrative costs next year. Dir

ect labor costs at $20 per hour are expected to total $300,000. If factory overhead is to be applied per direct labor hour, how much overhead will be applied to a job incurring 40 hours of direct labor?
Business
1 answer:
Burka [1]2 years ago
3 0

Answer:

Overheads apply = $2,400

Explanation:

given data

factory overhead = $900,000

general and administrative costs = $600,000

per hour = $20

Direct labor costs = $300,000

solution

we know here Total direct labor hours that is

Total direct labor hours = \frac{$300000}{$20}

Total direct labor hours  = 15,000 direct labor hours

so here Factory overheads per direct labor hour will be

Factory overheads per direct labor hour = \frac{900000}{15000}

Factory overheads per direct labor hour = $60 per direct labor hour

so here  Overheads applied to Job  will be

Overheads apply = 40 direct labor hours × $60 per direct labor

Overheads apply = $2,400

You might be interested in
Assume that the money demand function is (M / P)d = 2,200 – 200r, where r is the interest rate in percent. If the price level is
Wittaler [7]

Answer:

The money supply should be set at 800

Explanation:

In this question, we are asked to calculate the value at which Fed should set the money supply at after fixing the interest rate at 7 percent.

We proceed as follows;

Let the new money supply be M.

To fix the interest rate at 7%, r= 7 and P = 2

(M/P)d = 2,200 - 200r

= 2200 - 200(7)

=2200-1400

= 800

M = 800

8 0
2 years ago
Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an
gulaghasi [49]

Answer:

True

Explanation:

The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.

4 0
3 years ago
To the following:
vlabodo [156]
Generous- Selfish
Tremendous- Small
Famous- Unknown
Publicity- Secrecy
Imaginative- Unskillful
Outstanding-Unexceptional
7 0
3 years ago
Determine whether the study depicts an observational study or a designed experiment. A researcher obtained a random sample of 10
Anastasy [175]

Answer:

A. Observational study

Explanation:

An observational study measures the characteristics of a population by studying individuals in a sample, but does not attempt to manipulate or influence the variables of interest.

A designed experiment applies a treatment to individuals (referred to as experimental units or subjects) and attempts to isolate the effects of the treatment on a response variable.

Hence, we can see that proposed study is observational.

5 0
3 years ago
Lenox China Co. would like to get its annual Christmas ornament series into Macy's department stores. Macy's has a buying office
dezoksy [38]

Answer: Option (B)

Explanation:

Here, in this particular case we can state that Lenox would use <em>personal selling </em>as the promotional element in order to reach their Macy's buyer. Personal selling is referred to as use of individuals by businesses in order to sell their commodity after meeting their respective clients face-to-face. The sellers mostly tend to advance the commodity through their belief, conviction appearance and the knowledge regarding the commodity.

5 0
3 years ago
Other questions:
  • Sales to customers who use bank credit cards, such as MasterCard and Visa, are generally treated as a. cash sales b. sales retur
    5·1 answer
  • Shale Oil Corporation combines its assets and debts with those of Tierra Frakking Company to form Unified Resources, Inc. Shale
    7·1 answer
  • Rylan Corporation received an offer from an exporter for 25,000 units of product at $16 per unit. The acceptance of the offer wi
    13·1 answer
  • When a​ firm's longminus−run average cost curve is horizontal for a range of​ output, then in that range production displays?
    12·1 answer
  • Torche Corporation Balance Sheet As of March 11, 2020 (amounts in thousands) Cash 14,700 Accounts Payable 2,400 Accounts Receiva
    5·1 answer
  • Dreyfus points a gun at Eton, threatening to shoot him if he does not steal from his employer, Freddy’s Gas &amp; Shop store, an
    15·1 answer
  • At the beginning of the recent period, there were 1,230 units of product in a department, 35% completed. These units were finish
    11·1 answer
  • Does anyone have SC??
    14·1 answer
  • ? Question
    6·1 answer
  • About ____ percent of worldwide stocks of tuna, cod, and other large ocean fishes have disappeared in the last 50 years.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!