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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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A(n) ____ goal for a waste management plant could be to "identify barriers to recycling as well as means to overcome those barri
OleMash [197]

Answer:

Tactical.

Explanation:

Strategic goals are utilized to characterize tactical goals, which demonstrate the particular accomplishment destinations of every office and division in the organization. The most profitable tactical goals will lead straightforwardly to the achievement of strategic goals.

7 0
3 years ago
What are the advantage and dis advantage of advertising for a hotel?​
Lana71 [14]

Answer:

heres are the pro/advantages and cons/disadvantages of advertising.

Explanation:

Pros                                                                             Cons

Expands the market                                     Encourages monopolistic control

Increases sales                                                      Ad cost might exceed sales

Fights competition                                             Pushes out small businesses

Educates consumers                                                          Misleads consumers

please mark me as brainliest

6 0
3 years ago
You decide to join the economics club, but this means you can't join the accounting club because it meets at the same time. Whic
asambeis [7]

The concept her is "the real cost of something is what you must give up to get it"

<u>Explanation:</u>

As we come across trade-offs it is a necessary to make decisions on the next best alternatives which is the principle of opportunity cost.

Opportunity cost is the benefits and advantages that a business entity or an individual loses on choosing one alternative decision over the other. It is calculated with the help of the following formulas,

\text{Opportunity Cost = Total Revenue - Economic profit}

Or,

\text{Opportunity cost }= \frac{\text{What one sacrifice}}{\text{What one gain}}

In economical terms, choices are measured in terms of opportunity costs.

4 0
3 years ago
Read 2 more answers
On July 1, 2017, Wyler Company placed a new asset into service. The cost of the asset was $90,000 with an estimated 9-year life
Drupady [299]

Answer:

$9000

Explanation:

Depreciation is a systematic allocation of the cost of an asset over its useful life. One method of depreciation is the straight line method where the value of an asset is uniformly and gradually written off over its useful life

<u>Working</u>

Cost of asset - $90000

Useful life - 9years

Salvage value - $9000

Fiscal year - (Jan 1- Dec 31)

Depreciable amount- (90000-9000)= $81000

Annual depreciation (straight line ) 81000/9 = $9000

December 31 2017 depreciation expense = $9000*1/2 = 4500

Decemebr 31 2018 depreciation expense = $9000

5 0
3 years ago
Fetherston Company's goods in transit at December 31 include: sales made purchases made (1) FOB destination (3) FOB destination
expeople1 [14]

Answer: Sales Made - (1) FOB destination

Purchases Made - 4) FOB shipping point

Explanation:

Free On Board (FOB) Destination means that the seller only passes control and ownership of the goods being shipped when the goods reach the Buyer or the place the Buyer will receive it from. That means that the entire time the goods are in transit, the Seller is still the legal owner of the goods. As the good is still in transit on December 31 and is listed as FOB Destination, the goods have not being received by the buyer and are still under the control of Fetherston Company and should be included in inventory.

Free on Board (FOB) Shipping Point means that the ownership of the goods are passed from the seller to the buyer as soon as the seller places the goods at the place of shipment. This means that ownership of the good is that of the Buyer during the shipment process. Fetherston assumed control of such purchases as soon as the seller shipped it so even though it is still in transit, it is under the ownership of Fetherston and should be listed as such in inventory.

4 0
3 years ago
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