Answer:
Instructions are below.
Explanation:
Giving the following information:
Machine-hours required to support estimated production 157,000 Fixed manufacturing overhead cost $ 658,000
Variable manufacturing overhead cost per machine hour $4.50
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= (658,000/157,000) + 4.5
Estimated manufacturing overhead rate= $8.69 per machine hour
Job 400:
Direct materials= $350
Direct labor cost= $240
Machine-hours used= 31
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 8.69*31= $269.39
Job 400:
Units= 50
First, we need to calculate the total cost:
Total cost= 350 + 240 + 269.39
Total cost= $859.39
Unitary cost= 859.39/50= $17.188 per unit
<span>If people are saving their money because of pessimistic feelings about the future then it will have an impact on current spending in the economy. When people are saving instead of investing money or purchasing large items such as homes or vehicles than the businesses in those markets are affected. For example, if there is no one buying new houses, then builders will see a decrease in work and the companies that provide building supplies will be affected. The people in the companies will also begin spending less as there is less work and less money to go around which also affects the economy on a large scale.</span>
Given:
standard hours: 2,500 dl for 1,000 units
actual hours: 2,400 dl for 900 units
Standard direct labor-hours per unit = 2,500 direct labor-hours ÷ 1,000 units= 2.5 direct labor-hours per unit
Standard hours allowed = 2.5 direct labor hours per unit × 900 units<span>= 2,250 hours
The standard hours allowed for may production would be 2,250 hours.</span>
Answer:
$7,000
Explanation:
Increase in Temporarily Restricted Net Assets = $2,000 + $10,000 + $5,000 = $17,000
Net increase in Temporarily Restricted Net Assets = Increase in Temporarily Restricted Net Assets - Amount of the conference room furniture purchased = $17,000 - $10,000 = $7,000
Note that the conference room furniture purchased is deducted because the donor did not stipulate a time restriction on holding the furniture.
Therefore, total amount should be recorded as an increase to Temporarily Restricted Net Assets is $7,000.
Answer: Marketing Strategy
Explanation: Marketing strategies are additional benefit a business owner creates in its business to make it different from others in the same industry and to make prospective clients permanent customers.
Marketing strategies gives the business a better edge in its industry as it gives the business better sales.
