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iren2701 [21]
3 years ago
13

Pinacle Corp. budgeted $700,000 of overhead cost for the current year. Actual overhead costs for the year were $650,000. Pinacle

's plantwide allocation base, machine hours, was budgeted at 100,000 hours. Actual machine hours were 80,000. A total of 100,000 units was budgeted to be produced and 98,000 units were actually produced.
Pinacle's plantwide factory overhead rate for the current year is ____.
Business
1 answer:
tatuchka [14]3 years ago
6 0

Answer:

Estimated manufacturing overhead rate= $7 per machine hour

Explanation:

Giving the following information:

Pinacle Corp. budgeted $700,000 of overhead costs for the current year.

Pinacle's plantwide allocation base, machine hours, was budgeted at 100,000 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= 700,000/100,000= $7 per machine hour

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vazorg [7]

For the statement  "The payoff matrix represents hypothetical profits that could be earned by two milk..." and the Milky Mose table  Both will cheat Option C. This is further explained below.

<h3>What is a payoff matrix?</h3>

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In conclusion, In order to get an edge, both parties will engage in dishonesty. As a result, both parties will be tempted to cheat in order to gain an unfair advantage.

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8 0
2 years ago
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Leona [35]
C is the correct answer
4 0
3 years ago
If a firm has the market price of the firm's common stock of $500 and its annual earnings per share of $50 , then the firm has a
sweet [91]

Answer:

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Explanation:

the P/E ratio will be determinate as follow:

\frac{Market \: price}{EPS}

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the price earning ratio stand for the amount of time required to payback the investment. In this case, 10 years as the market value is 500 dollars and eahc year the share earn 50 dollars

8 0
3 years ago
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