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blagie [28]
3 years ago
9

Henry Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning o

f the most recently completed year, the company estimated the machine-hours for the upcoming year at 20,000 machine-hours. The estimated variable manufacturing overhead was $9 per machine-hour and the estimated total fixed manufacturing overhead was $600,000. The predetermined overhead rate for the recently completed year was closest to:__________
Business
1 answer:
inessss [21]3 years ago
4 0

Answer:

Estimated manufacturing overhead rate= $39 per machine hour

Explanation:

Giving the following information:

Estimated machine-hours= 20,000

The estimated variable manufacturing overhead was $9 per machine-hour.

The estimated total fixed manufacturing overhead was $600,000.

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= (600,000/20,000) + 9

Estimated manufacturing overhead rate= $39 per machine hour

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Answer: Option (b) is correct.

Explanation:

Correct Option: Licenses

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There is a advantage for the taxicabs companies for using the monopoly power.

Whereas, some of the cities of U.S use 'taxi medallions" as the permits for picking up the passengers.

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The firm projects a rapid growth of 40 percent for the next two years and then a growth rate of 20 percent for the following two
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Answer:

The price of the stock today is $15.63

Explanation:

The three stage Dividend Discount model will be used to calculate the price of this stock as the dividends are growing at three different growth rates. These dividends will be discounted back to calculate the price of the stock today.

The price per share today under this model will be:

P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + [Dn * (1+gC) / (r - gC)] / (1+r)^n

Where,

  • D1 is the dividend expected for the next period of Year 1.
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P0 = 1.25 / (1+0.2)  +  1.25 * (1+0.4) / (1+0.2)^2  +  1.25 * (1+0.4) * (1+0.2) / (1+0.2)^3  +  1.25 * (1+0.4) * (1+0.2)^2  /  (1+0.2)^4  +  

[1.25 * (1+0.4) * (1+0.2)^2 * (1+0.08)  /  (0.2 - 0.08)]  /  (1+0.2)^4

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A new machine for harvesting corn will allow rows to be planted only fifteen inches apart, instead of the usual thirty inches. C
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Therefore the most appropriate answer to the space given above is option D.

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3 years ago
25 points and brianly
horsena [70]

Answer:

Sentence 3

Explanation:

5 0
2 years ago
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In the course of creating an effective business message, excellent business thinkers are most likely to
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Answer:

a) make well-reasoned conclusions and solutions ; & b) begin jotting down a rough draft right away to capture their ideas.

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Effective Business message should be - complete, clear, concise, concrete, correct, courteous, coherent.

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