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erik [133]
3 years ago
5

The manufacturing overhead budget at Amrein Corporation is based on budgeted direct labor-hours. The direct labor budget indicat

es that 4,900 direct labor-hours will be required in August. The variable overhead rate is $9.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $96,040 per month, which includes depreciation of $7,350. All other fixed manufacturing overhead costs represent current cash flows. The August cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Business
1 answer:
algol133 years ago
8 0

Answer:

$134,750

Explanation:

The computation of the August cash disbursements for manufacturing overhead on the manufacturing overhead budget is shown below:

As we know that

Total cash manufacturing overhead = variable manufacturing overhead + cash fixed manufacturing overhead

where,

variable overheads is

= 4,900 hours × $9.40

= $46,060

And,

Cash fixed manufacturing overhead is

= $96,040 - $7,350

= $88,690

So, the cash disbursements for manufacturing overhead is

= $46,060 + $88,690

= $134,750

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3 years ago
A self-employed person deposits $2,000 annually in a retirement account (called a Keogh or H.R. 10 plan) that earns 8 percent. U
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Answer:

$146,212.00  

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n=25

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2 years ago
Wheeler Company issued 5,000 shares of its $5 par value common stock having a fair value of $25 per share and 7,500 shares of it
Arte-miy333 [17]

Answer:

Option (c) $141,818

Explanation:

Data provided in the question:

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Lump sum value of total shares issued = $260,000

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= $260,000 × [ $150,000 ÷ $275,000 ]

= $141,818.18 ≈ $141,818

Hence,

Option (c) $141,818

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