Answer:
Answer:
Amount of overhead applied is $270
correct option is (a) $270
Explanation:
given data
overhead cost = $105,000
overheat rate = $3 per machine hour
manufacturing overhead = 70000 machine hour
required = 60 machine hours
to find out
The amount of overhead applied to Job P 233 is closest to
solution
we find manufacturing overhead rate here that is
manufacturing overhead rate =
put here value
manufacturing overhead rate =
manufacturing overhead rate = 1.5 per machine hour
and
Total manufacturing overhead rate will be for overheat rate $3
Total manufacturing overhead rate = (3 + 1.5) = $4.5 per machine hour
so we can say that Amount of overhead is job P 233 is
Amount of overhead applied = 60 × $4.5 = 270
so here correct option is (a) $270
Explanation:
Answer: 11.42 times
Explanation:
Inventory Turnover = Cost of Goods Sold / Average inventory
Where,
Cost of goods sold = 4,000 quarter-pound hamburgers each week x $1.00 a pound
COGS = $4,000 per week
Average Inventory = 350 pounds of hamburger
Inventory Turnover = 4000 / 350 = 11.42 times
Calculation of Total Manufacturing Overhead Costs:
Manufacturing overhead costs are indirect costs incurred in relation to the production.
From the given information manufacturing overhead costs shall include factory Utilities $5,000, Indirect labor $ 25,000, depreciation of production equipment $ 20,000
Hence the Total Manufacturing Overhead Costs shall be (5000+25000+20000)=<u>$50,000</u>
Answer:
Here answer to the first fill in the blank is money paid and answer for the second fill in the blank is overall sacrifice.
Explanation:
Here Eddie has perceived price as money paid for the purchase of his favorite beverage, he is ready to drive 30 miles for this beverage , just because he is saving a dollar on it, so from the Eddie's point view , driving 30 miles to get the beverage is worth it . But as per the most of the customers , Eddie is making an overall sacrifice by driving 30 miles to get the beverage , just because he is saving dollar on it, so from the most customers point of view , driving 30 miles is not worth it and a lot of sacrifice is being made.
Answer:
C. The original amount invested and previously paid interest payments
Explanation:
Compound interest is the interest calculations that take into account the principal amount and the interest payment summed up to calculate the subsequent interest payment. For example in year 0 there was an investment of 1000 and 10% interest payable annually,
Year 0 = 1000
Year 1 = 1000 + 100 (here hundred is the interest payment)
Year 2 = 1000 + 100 + 110 (110 is the compounded interest on 1000 +100 from previous periods)
Hope that helps.
