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oee [108]
4 years ago
9

Biltz Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. During

the year, the company actually incurred manufacturing overhead costs of $582,100 and 135,000 direct labor hours were worked. The company estimated that it would incur $525,400 of manufacturing overhead during the year and that 150,400 direct labor hours would be worked. By how much was manufacturing overhead overallocated or underallocated for the year?
Business
1 answer:
Fiesta28 [93]4 years ago
3 0

Answer:

manufacturing overhead underallocated for the year $124,102.4

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

we distribute the expecte rate over the cost dirver

582,100 / 135,000 = 4.3185

150400 x 4.3185 = 649502.4 applied overhead

applied - actual = over or underappied

if actual > applied = underapplied

if actual < applied = overhead

525,400 - 649,502.4 = -124,102.4

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Marigold Corp.can produce 100 units of a component part with the following costs:
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Answer:

A. An increase of $4,500

Explanation:

For computing the total cost change, first we have to determine the total cost which is shown below

= Direct Materials cost + Direct Labor costs + variable overhead costs

= $21,000 + $5,500 + $19,000

= $45,500

And, the outside purchase is $50,000

So, the total cost change would be

= $50,000 - $45,500

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4 years ago
Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two dis
nata0808 [166]

Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.

A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.

What is discount points?

  • Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
  • Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
  • Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
  • Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.

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4 0
1 year ago
Discuss this statement in relation to George and Lennie: "They render us vulnerable, and in doing so they add dimensions of sign
Dima020 [189]

Answer:

The powerful novel which explores themes of friendship, power, dreams, and the responsibility we have to look out for one another in a sometimes unkind world.

The characters at the heart of the story, George and Lennie, work against all odds to earn enough money to build their dream (to own a place of their own, with alfalfa and rabbits.)

According to the book, their friendship sets them apart from the other men in the world and fuels their aspirations.

I hope it helps, kindly give brainliest if it does.

3 0
3 years ago
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Loyalty program involves giving incentives such as discount, access to new product in order to motivate customers.

A loyalty program involves the operator and the participants. The operator set up an account for a customer and issue a loyalty card to the customer. The loyalty card identifies the card holder as a participant in the program. The participant is entitled to incentives related to the program.

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