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drek231 [11]
3 years ago
12

Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat

ion base. This period's estimated overhead cost is $100,000 and estimated direct labour cost of $50,000 and 2,500 direct labour hours. What is the overhead allocation rate?
Business
1 answer:
nalin [4]3 years ago
6 0

Answer:

Estimated manufacturing overhead rate= $40 per direct labor hour

Explanation:

Giving the following information:

This period's estimated overhead cost is $100,000 and an estimated direct labor cost of $50,000 and 2,500 direct labor hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 100,000/2,500= $40 per direct labor hour

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CaHeK987 [17]

Answer:

The correct answer is c. poorly performing firms.

Explanation:

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In recent years, and more specifically following the onset of the financial crisis, the international community has understood the importance of listed companies being managed in an adequate and transparent manner. The good governance of companies is the basis for the functioning of markets, as it favors credibility, stability and contributes to boosting growth and wealth generation.

The weakness shown by corporate governments of large organizations in the past has multiplied the demands for transparency, truthfulness, good practices and responsible business behavior on the part of investors, consumers and society in general, which not only pay attention anymore. to financial indicators, but they also want to know how those results have been achieved.

4 0
4 years ago
Rick and his wife Michonne are building their dream home in Alexandria, VA. The couple have designed a two-story craftsman style
Verdich [7]

Answer:

Pay as you earn, P.A.Y.E

Explanation:

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Most times, it is always based on daily basis.

In this aspect, Michonne and Negan should agree on P. A. Y. E method of payment. Because, it is the only method that will satisfy both parties.

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3 years ago
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S_A_V [24]

Answer:

A

Explanation:

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The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

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<span>Dividend = $4 per share                                (ANSWER)</span>

7 0
3 years ago
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