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OlgaM077 [116]
3 years ago
14

Gerstein Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-h

ours. The company based Its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $90,000, variable manufacturing overhead of $3.70 per direct labor-hour, and 50,000 direct labor-hours. The company recently completed Job M800 which required 150 direct labor-hours. The amount of overhead applied to Job M800 is closest to: (Round your intermediate calculations to 2 decimal places.) a. $270b. $825c. $1.380d. $555
Business
1 answer:
lisov135 [29]3 years ago
4 0

Answer:

b. $825

Explanation:

Gerstein Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours

Then fixed operating overhead = total fixed manufacturing overhead cost divided by  direct labor-hours

= $90,000/50,000 = $1.8 per labor

The company recently completed Job M800 which required 150 direct labor-hours.

Total overhead = fixed cost + variable cost = ($1.8 + $3.7) * 150 = $825

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The management of Vimonland Theme Park sells that proprietary rights of all the park rides toan investment company to operate on
julsineya [31]

Answer:

a. licensor

Explanation:

The licensor is the person or company that have the rights on an idea, product, service, etc, and gives the licensee limited permission to market that. In this case, Vimonland Theme is a licensor because the company gives the rights to an investment company to operate a franchise.

8 0
3 years ago
The term value chain refers to the idea that a company is: Group of answer choices The producer of a series of customer-valued p
wel

Answer:

A series of activities that transform inputs into products that customers value.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.

Hence, the term that refers to the first level of a product, which depends on the customer value it generates is generally referred to as a core benefit. For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation.

On a related note, a value chain refers to the idea that a company is a series of activities that transform inputs into products that customers value.

4 0
2 years ago
Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situatio
Mrac [35]
What is being discussed in the unit
5 0
2 years ago
4.You can buy a machine for $100,000 that will produce a net income, after operating expenses, of $10,000 per year. If you plan
Anon25 [30]

Answer:

$124,966.9

Explanation:

The computation of the market or resale value is shown below:

$100,000 = $10,000 ÷ (1.15^1) + $10,000 ÷ (1.15^2) + $10,000 ÷ (1.15^3) + $10,000 ÷ (1.15^4) + Resale value  ÷ (1.15^4)

$100,000 = $8695.65 + $7561.44 + $6575.16 + $5717.53 + Resale value ÷ 1.749006

Resale value ÷1.749006 = $71,450.22

So, the resale value is  = $124,966.9

We simply applied the present value formula

3 0
3 years ago
If your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is a. 8 percent. b. 12.5 percent. c. 2
Dmitry_Shevchenko [17]

If your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is: b. 12.5 percent.

Using this formula

Marginal tax rat=Tax payable/Taxable income×100

Where:

Tax payable=$5,000

Taxable income=$40,000

Let plug in the formula

Marginal tax rate=$5,000/$40,000×100

Marginal tax rate=12.5%

Inconclusion if your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is: b. 12.5 percent.

Learn more here:brainly.com/question/18488309

3 0
3 years ago
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