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
quester [9]
3 years ago
6

The predetermined overhead rate for manufacturing overhead for 2018 is $4.00 per direct labor hour. Employees are expected to ea

rn $5.00 per hour and the company is planning on paying its employees $100,000 during the year. However, only 75% of the employees are classified as "direct labor." What was the estimated manufacturing overhead for 2018
Business
1 answer:
ExtremeBDS [4]3 years ago
7 0

Answer:

$60,000= total estimated overhead costs

Explanation:

Giving the following information:

The predetermined overhead rate for manufacturing overhead for 2018 is $4.00 per direct labor hour.

Direct labor hour= $5.00 per hour

<u>Direct labor hours= (100,000*0.75)/5= 15,000 hours</u>

To calculate the estimated overhead costs, we need to use the following formula:

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

4= total estimated overhead costs for the period/15,000

$60,000= total estimated overhead costs for the period

You might be interested in
A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,
kaheart [24]

Answer:

The inventory TO is 3.6875

Explanation:

\frac{Sales}{Average Inventory} = $Inventory Turnover

​where:

$$Average Inventory=(Beginning Inventory + Ending Inventory)/2

Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:

\frac{59,000,000}{16,000,000} = 3.6875

The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.

4 0
4 years ago
Identify each of the following features as applying more to job order operations, process operations or both job order and proce
Fynjy0 [20]

Answer:

Identification of Features Applying More to Job Order Operations, Process Operations, or Both:

Features  

1. Cost object is a process.                                  Process Operations

2. Measures unit costs only at period-end.        Process Operations

3. Uses indirect costs.                                          Both

4. Transfers costs between Work in              

   Process Inventory accounts.                            Process Operations

5. Uses only one Work in Process account.       Job Operations

6. Uses materials, labor, and overhead costs.    Both

Explanation:

The main difference between the two operations is the manner costs are accumulated.  Job operations accumulate costs for different jobs that are not similar.  Process operations accumulate costs to show the process a product passes through.  The product of a process operation is not unique like the product of a job operation.

6 0
3 years ago
What does the Mutual Reward Theory state?
alekssr [168]
Basically saying when a relationship between 2 people is boosted, there is a balance between them. The more equal the rewards, the more permanent the relationship.
8 0
3 years ago
The most substantive part of a formal report is the body; thus, you’ll want to compose the body with care to effectively convey
mihalych1998 [28]

Answer:

Make $200,000 in less than two month (Send me a message if interested)

If I told you that you could turn your spare time into a side-income online business, would you be interested?    

I recently became introduced to two guys that were able to make $960,824.41 within 31 days. These guys are “anti-gurus”... they’re everyday guys. Their students have generated millions, too.   And they also helped me to make over $200,000 in less than 2 months

I was able to convince them to show you how they did it on a free training event this week.

They’re sharing this for the first time and will show you how to turn your spare time into a $100,000.00 online side business.  

The best part? You can do this with NO experience / technical skills.

Explanation:

5 0
3 years ago
The best example of a good that is excludable in consumption is: a park. an ocean. a bicycle. national defense.
nirvana33 [79]
<span>The best example of a good that is excludable in consumption is a bicycle.
 </span><span>If it is possible to prevent people (consumers) who have not paid for it from having access to it then the good is excludable.
So, according this the bicycle is an excludable good.
</span>
8 0
4 years ago
Read 2 more answers
Other questions:
  • Using money to try to make more money is called
    15·2 answers
  • Name and describe the type of economy a country will have when the central government makes all the economic decisions
    13·1 answer
  • Is a production process that generates customized products in high volumes?
    14·1 answer
  • When a corporation sells all or substantially all of its assets to another corporation, generally,
    9·1 answer
  • Assume for a perfectly competitive firm, the market price of one box of tissues is $2. What is the marginal revenue when sales i
    13·1 answer
  • At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $308,000 and in Allowance for Uncollectible A
    13·1 answer
  • Alejandro works nights at a restaurant. His job is to prepare drinks for customers. He serves drinks directly to customers who s
    15·2 answers
  • What is traditionalist account? Give an example.​
    9·1 answer
  • Last week David spent $12,500 on advertising. This week he plans to spend twice as much. Next week he wants to spend half of wha
    12·1 answer
  • Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!