1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Feliz [49]
3 years ago
13

Eaton Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produc

es 5,000 nubby tires and 10,000 smooth tires each year and incurs $172,000 of overhead costs. The following information is available:
Activity Total Cost Cost Driver
Materials handling $60,000 Number of requisitions
Machine setups 55,000 Number of setups
Quality inspections 57,000 Number of inspections
For the nubby tires, the company has 400 requisitions, 200 setups, and 200 inspections. The smooth tires require 600 requisitions, 300 setups, and 400 inspections.
Determine the overhead rate for each activity.
Business
1 answer:
saw5 [17]3 years ago
4 0

Answer:

Materials handling= $60 per requisition

Machine setups= $110 per setup

Quality inspections= $95 per inspection

Explanation:

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

<u></u>

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

Materials handling= 60,000/1,000= $60 per requisition

Machine setups= 55,000/500= $110 per setup

Quality inspections= 57,000/600= $95 per inspection

You might be interested in
Hyun's Handicrafts is a company that provides custom linens for both businesses and individual consumers. Hyun does not make any
Tom [10]

Answer:

Pull Strategy

Explanation:

The Pull Strategy is a marketing strategy which consists in having the customer seek the product by himself or herself.

The goal is to create consumer demand before kickstarting production.

In this case, we have a perfect example of a pull strategy, because Hyun will not start production unless it has proof of demand from a customer, the proof being a order.

8 0
3 years ago
What is a product item?
Vsevolod [243]

Answer:

Explanation:

A product item is a specific version of a product that can be designated as a distinct offering among an organization's products. A product line is a group of closely related products offered by an organization.

5 0
3 years ago
Which of the following is a major difference between Internet banks and traditional banks? The government does not regulate Inte
Aloiza [94]

Answer:

Internet Banks have lower overhead costs.

Explanation:

Online Banks and traditional banks are basically the same with the main difference being that Internet Banks have lower overhead costs. These are costs on the income statement usually including accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities. Since Internet Banks do not need many physical locations they save on many of these overhead fees.

3 0
3 years ago
Help!!!!!
uysha [10]
1. revenue 2. income 3. graph 4. equity 5. balance sheet 6. income taxes
5 0
2 years ago
Which of the following statements accurately describes the relationship between earnings and dividends when all other factors ar
poizon [28]

Answer:

The correct answer is: Retaining a higher percentage of earnings will result in a lower growth rate.; Long-run earnings growth will decrease when firms retain earnings and reinvest them in the business.

Explanation:

In the first statement, a deliberate action is shown that consists of the capitalization of the entity, that is, the equity is accumulated in order to distribute it among the shareholders and leave a part to support the company. In the second statement, it means that the positive results of the company will not be seen in the long term due to management's dispositions to execute a policy to capitalize the entity and improve its cash flow by reinvesting the perceived resources.

7 0
3 years ago
Other questions:
  • Max purchased an antique watch from a local store for $500. As soon as Max stepped outside the shop with the watch, a man approa
    6·1 answer
  • When working on a suspended scaffold 10 feet or higher above the working surface, or in a bucket truck or aerial lift, what safe
    13·1 answer
  • Label the following hypothetical demand scenarios. Use the midpoint method.
    5·1 answer
  • What can effective and efficient supply chain management systems enable an organization to accomplish?what can effective and eff
    7·1 answer
  • Which is a way that companies attempt to get consumers to buy their products instead of their competitor's products? 1. market r
    9·1 answer
  • When a competitive market achieves allocative efficiency, it implies that:
    8·1 answer
  • Dan is a single, self-employed carpenter who earned $120,000 this past year in self-employment income. Dan paid the following ex
    11·1 answer
  • Oyanty:
    7·1 answer
  • Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishi
    15·1 answer
  • The CM ____ is responsible for overseeing the actions of the crisis management team and coordinating all crisis management effor
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!