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
TiliK225 [7]
2 years ago
9

Using the following accounts and an overhead rate of 80% of direct labor cost, determine the amount of applied overhead. Work in

Process Inventory Beginning WIP 18,300 Direct Materials54,900 Direct Labor
Business
1 answer:
Basile [38]2 years ago
8 0

Answer:

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

Explanation:

Giving the following information:

Overhead is applied base on an estimated overhead rate of 80% of direct labor cost.

<u>We weren't provided with enough information to calculate the allocated overhead. But, I will give a numerical example as well as the formula:</u>

To allocate overhead, we need to use the following formula:

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

For example:

Direct labor= $50,000

Allocated overhead= 0.8*50,000= $40,000

You might be interested in
Watson Oil recently reported (in millions) $8,250 of sales, $5,750 of operating costs other than depreciation, and $1,000 of dep
klemol [59]

Answer:

net income exceeded the free cash flows by $550 million

Explanation:

net income = ($8,250 - $5,750 - $1,000 - $160) x (1 - 35%) = $871 million

net cash flows:

operating activities = $871 + $1,000 - $300 = $1,571

investing activities = ($1,250)

net cash increase during the year = $321 million

net income exceeded the free cash flows by $871 - $321 = $550 million

7 0
2 years ago
how do i go about getting a job i have applied to multiple places so many times and i never get a call back
Aneli [31]

keep trying and call every once or twice a time in the week

3 0
3 years ago
A movie star was paid $1 million in 1960 to do a movie. The CPI was 29.3 in 1960 and the CPI in 2014 was 240. Approximately how
valentinak56 [21]

Answer:

$8.19 million

Explanation:

A movie star was paid $1 million in 1960 to do a movie

The CPI was 29.3 in 1960

The CPI in 2014 was 240

Therefore the amount that was earned in dollars by the movie star in 2014 can be calculated as follows

= 240/29.3

= 8.19 × $1 million

= $8.19 million

Hence the movie star earned $8.19 million in 2014

5 0
3 years ago
A company's direction, objectives, and strategy Group of answer choices are set in stone as the end of the planning process. nev
STALIN [3.7K]

Answer:

are never final, as managing strategy is an on-going, dynamic process.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

Hence, a company's direction, objectives, and strategy are never final because managing strategy is a continuum or an on-going, dynamic process. Thus, it's never a now and then task.

6 0
3 years ago
When you are in a conflict that you are not passionate about, it is seen as gracious to sometimes ______. a. Fight for your side
Hunter-Best [27]

Answer:

B) Step aside and let the other person prevail

Explanation:

I took it on Edgenuity

7 0
3 years ago
Other questions:
  • When a firm expects rapid imitation of its core technology by competitors, what should it do? A. Revert to old technologies B. O
    8·2 answers
  • When the excess capacity of business expands unintentionally, aggregate: demand will increase supply will decrease?
    8·1 answer
  • Price indexes can be used to compare prices across different periods. Suppose that a year of tuition for college at public insti
    11·1 answer
  • Consider the following information: State of Economy Probability of State of Economy Portfolio Return If State Occurs Recession
    11·1 answer
  • The net income reported on the income statement for the current year was $240,000. Depreciation was $52,000. Accounts receivable
    9·1 answer
  • The upper management of a large national retail grocery store has passed along the new goals of improving customer service to th
    15·1 answer
  • which of the following is a benefit of preparing a cash budget? a. It helps to estimate the average collection period of sales d
    8·1 answer
  • What does a mission statement do?
    7·1 answer
  • The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not bala
    14·1 answer
  • What are all Nippon airways 3 Levels of Strategy?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!