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e-lub [12.9K]
3 years ago
10

The Davis Corporation budgeted factory overhead at $250,000 for the period for the Assembly department, based on a budgeted volu

me of 100,000 direct labor hours. At the end of the period, the factory overhead control account for the Assembly department had a balance of $252,000. The actual (and allowed) direct labor hours were 104,000. What was the over- or underapplied factory overhead for the period?
A. $8,000 overapplied
B. $10,000 underapplied
C. $10,000 overapplied
D. $8,000 underapplied
Business
1 answer:
Igoryamba3 years ago
8 0

Answer:

B. $10,000 Underapplied

Explanation:

Hourly rate = $250,000/100,000 = $2.5 per hour

Excess hours = 4000

Excess over head = 4000 * 2.5 = $10,000

There was a $10,000 underapplied overhead for that period

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Deltan corp. allocates overhead to production on the basis of direct labor costs. deltan's total estimated overhead is $450,000
svetlana [45]
Hi there
First find Predetermined oH rate
Predetermined oH rate is
total estimated overhead divided by
estimated direct labor

Predetermined oH rate=
450,000÷180,000
=2.5

the amount of overhead to be allocated to finished goods inventory if there is $20,000 of total direct labor cost in the jobs in the finished goods inventory is
2.5×20,000
=50,000. ...answer

Good luck!
8 0
3 years ago
Cash flows from investing activities include all of the following except:
astra-53 [7]

Answer:

(D) Cash proceeds from borrowing

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets. It also includes collections on loans and  Cash advance to borrowers

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

Options A, B, and C are the investing activities whereas option D is financing activities.

5 0
3 years ago
Which of the following loans will typically offer the lowest interest rate? A:Payday loan B:Federal Student Loan C:Private Loan
neonofarm [45]
C. Private loan - a loan between two private parties can be set to whatever they want and is usually lower than the average that banks and other professional industries offer.

FYI - payday loans will have some of the highest interest rates of all loans.

Hope that helps 
8 0
3 years ago
A nation's long-run growth rate is equal to the sum of: Group of answer choices labor force growth and capital growth. growth in
jonny [76]

Answer:

labor force growth and productivity growth.

Explanation:

A country's long run growth rate is generally calculated by adding the increases in the market value of the goods and services produced within a country during a period of time. It is generally stated as a percentage growth of real GDP.

The real GDP's growth rate is determined by two factors: labor force growth and productivity growth. So it is determined by the growth in productivity, demographic growth and labor force participation.

7 0
3 years ago
A Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for 20 per unit. Variable costs are 8 per unit,
Inga [223]

Variable expenses 20,000 advertising be increased with profits remaining unchanged.

Calculation of this year's operating income

Sales                             20000*1.25*(20*(1-0.1))          $450,000

Variable expenses      20000*8*1.25                          $200,000

Contribution margin                                                     $250,000

Fixed expenses          180000+30000                       $210,000

Net operating income                                                 $40,000

Thus, this year’s net operating income would be $40,000.

Working note

Calculation of units sold last year.

Units sold = Total sales revenue-Sale price per unit =$400,000 - $20 =20,000.

The retail price per unit is reduced by 10%, resulting in a revised retail price of $18 per unit and 20% more units sold. Therefore, the revised sales units would be 25,000, and the total sales for the year would be $450,000, calculated by multiplying the 25,000 units sold by the selling price per unit of $18. Variable expenses increase as the number of units sold improves, so the revised variable cost is the number of units sold multiplied by $8, resulting in a variable cost of $200,000. Variable costs of $200,000 are deducted from sales of $450,000 resulting in a contribution margin of $250,000. Fixed costs increased by $30,000, resulting in revised fixed costs of $210,000 and a net operating income of $40,000. This is calculated as a contribution margin of $250,000 minus fixed costs of $210,000.

Learn more about Variable expenses at

brainly.com/question/8225307

#SPJ4

7 0
1 year ago
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