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andre [41]
3 years ago
11

Bentley estimates manufacturing overhead of $3,251,600 for 2013 and will apply overhead to units produced based on 739,000 machi

ne hours. During 2013, Bentley used $1,640,000 of raw materials, paid $5,335,800 of direct labor, generated 734,000 machine hours, and produced 2,190,000 units. Required: Calculate Bentley’s predetermined overhead rate for 2013. (Round your answer to 2 decimal places.) Calculate Bentley’s cost per unit of production for 2013. (Round your answer to 2 decimal places.)
Business
1 answer:
saul85 [17]3 years ago
4 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated overhead= $3,251,600

Estimated machine-hours= 739,000

During 2013, Bentley used $1,640,000 of raw materials, paid $5,335,800 of direct labor, generated 734,000 machine hours, and produced 2,190,000 units.

<u>First, we need to calculate the predetermined overhead rate:</u>

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

Predetermined manufacturing overhead rate= 3,251,600/739,000

Predetermined manufacturing overhead rate= $4.4 per machine hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 4.4*734,000= $3,229,600

<u>Finally, we can determine the total cost and unitary cost:</u>

Total cost= 1,640,000 + 5,335,800 + 3,229,600= $10,205,400

Unitary cost= 10,205,400/2,190,000= $4.66 per unit

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Answer:

B) convertible preferred shares

Explanation:

These are the options for the question

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Sherry is known for being very task oriented in her approach to manage subordinates. Which at the following statement is noot li
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a. She tends to work to develop trusting relationships with subordinates.

Explanation:

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Which of these is not a result of regular exercise?
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Jerry Rice and Grain Stores has $4,430,000 in yearly sales. The firm earns 2 percent on each dollar of sales and turns over its
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Answer:

a. 5.37%

b. 5.08%

Explanation:

Firstly, we need to calculate net profit before return on stockholder's equity

Sales. $4,430,000

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Net income. $88,600

We will also calculate total stockholder's equity

Sales. $4,430,000

Asset turnover ratio. 4.5

Total assets. $984,444

Less: current liab. ($167,000)

Less: long term liab. ($342,000)

Total stockholder's. $475,444

equity

a. Return on stockholder's equity

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= $475,444 ÷ $88,600

= 5.37%

b. New return on stockholder's equity

Total assets $984,444

× Asset turnover ratio. 4.75

New total sales. $4,676,109

Net income % sales. 2%

Net income $93,522

Recall that total stockholder's equity = $475,444

Net income = $93,522

Therefore, New return on stockholder's

equity = Total stockholder's equity / Net income

= $475,444 ÷ $93,522

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Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivabl
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Answer:

the bad debt expense is $6,830

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The computation of the bad debt expense is shown below:

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Hence, the bad debt expense is $6,830

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