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german
3 years ago
11

Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the curren

t period, direct labor cost is $53,000 and direct materials cost is $83,000. How much overhead cost should Lowden Company should apply in the current period?
Business
1 answer:
Aliun [14]3 years ago
5 0

Answer:

The overhead cost which should be applied in the current period amounts to $132,800.

Explanation:

The overhead cost which the company should apply in the current period is computed as:

Overhead cost = Direct Material Cost × Pre- determined overhead rate

                         = $83,000  × 160%

                         = $132,800

Therefore, the cost of overhead amount to $132,800 which the Lowden Company should apply in the present period.

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Angelina_Jolie [31]

Answer: $8000

Explanation:

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Based on the information given in the question, the amortization of the right-to-use asset for year 1 should be:

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3 years ago
A senator from a state with several steel-rod factories explains that it is necessary to impose trade restrictions, such as a ta
Sergio [31]

Answer:

Jobs argument

Explanation:

-The national-security argument states that some industries have to be protected by imposing tariffs to maintain the local production in case of a war.

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-Using-protection-as-a-bargaining-chip argument states that the threat of imposing a restriction can help to eliminate a restriction that was imposed by another country.

-Infant-industry argument says that new industries have to be protected because they don't have economies of scales that their competitors from others countries have.

-The jobs argument claims that the trade with other countries eliminates the local jobs.

According to this, the answer is that the senator is using the jobs argument to argue for the trade restriction on steel rods because he claims that it is necessary to impose those restrictions to protect the workers from losing their jobs.

8 0
3 years ago
Steve recommends that employees should be compensated according to their competencies, rather than their designations. Employees
astra-53 [7]

Answer:

d. skill-based pay system

Explanation:

Skill-based pay system is when the amount paid to an employee is linked to the employees skills, education or knowledge.

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4 years ago
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RideAnS [48]

Answer:

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Resource allocation also applies to how we live our daily lives.  

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4 years ago
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