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2 years ago

Wallace's Wrench Company manufactures socket wrenches.

Business

1 answer:

Art [367]2 years ago

4 0

Answer:

a. $3

b. $3.27

c. $4.34

d. $4.5

Explanation:

a. The computation of theoretical fixed manufacturing overhead rate is shown below:-

Theoretical fixed manufacturing overhead rate = Total Fixed manufacturing costs per month ÷ (Wrenches per day × Work days)

= $360,000 ÷ (6,000 × 20)

= $360,000 ÷ 120,000

= $3

b. The computation of the practical fixed manufacturing overhead rate is shown below:-

Practical fixed manufacturing overhead rate = Total Fixed manufacturing costs per month ÷ (Production per day × Work days)

= $360,000 ÷ (5,500 × 20)

= $360,000 ÷ 110,000

= $3.27

c. The computation of the normal fixed manufacturing overhead rate is shown below:-

Normal fixed manufacturing overhead rate = Total Fixed manufacturing costs per month ÷ (Average wrench per day × Work days)

= $360,000 ÷ (4,150 × 20)

= $360,000 ÷ 83,000

= $4.34

d. The computation of the master-budget fixed manufacturing overhead rate is shown below:-

Master-budget fixed manufacturing overhead rate = Total Fixed manufacturing costs per month ÷ (Production wrench per day × Work days)

= $360,000 ÷ (4,000 × 20)

= $360,000 ÷ 80,000

= $4.5

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2 years ago

The government should extend the duration of unemployment benefits to those workers who lost their jobs due to outsourcing. This

kvv77 [185]

This is a value assessment in the form of a subjective statement. According to this viewpoint, the period of jobless benefits should be increased. It cannot be verified by the evidence at hand. Therefore, it is a declaration of norm. In the case of a positive assertion, the statement is factual and can be put to the test using the information at hand. However, this claim is subjective and dependent on opinion.

<h3>What is unemployment?</h3>

When someone actively searches for work but is unsuccessful, they are said to be unemployed. It is regarded as one of the important indicators of the health of the economy. The most popular technique for calculating a nation's unemployment rate is the unemployment rate. This may be calculated by simply dividing the entire population that makes up a country's work force by the number of unemployed persons. Governments at the federal, state, and municipal levels frequently work to provide job opportunities to those who fit the requirements they have established. Typically, work is made available to groups of people for a set minimum wage that is sufficient for basic survival and gives them more opportunities to find permanent jobs.

To know more about unemployment, visit;

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7 0

11 months ago

Khalid has just found out that his friend Jason is terminally ill.This has made him feel sad and lonely at the thought of living

Paha777 [63]

Answer:

B) Anticipatory Grief

Explanation:

As Khalid has found out that his friend Jason is terminally ill. This has made him feel sad and lonely at the thought of living life without his friend. Khalid's feelings best represent the concept of anticipatory grief which refers to the feeling of sadness and grief occurring before the actual happening of that loss. We become sad and emotional even before the actual happening of some incident. For example, when our dear friend is in hospital after a sever accident, then we start feeling this anticipatory grief that the chances are more that he will be dead soon so we feel more grief and sadness.

6 0

3 years ago

As of January 1, 2021, Farley Co. had a credit balance of $523,000 in its allowance for uncollectible accounts. Based on experie

trapecia [35]

Answer:

Balance sheet, what amount should Farley report as allowance for uncollectible accounts?

if we take the final balance of accounts receivable $582000

If the wrotte off difference affects the final balance and we do not register additional expenses. $469000

Explanation:

Credit balance allownace 523000

Allowance for uncollective 3%

Wrotte off 636000

Credit sales 19400000

Allowance for uncollective 3%

582000

Credit balance 523000

Wrotte off 636000

-113000

Allownace for uncollectible 469000

4 0

3 years ago

Saving some private time for yourself and learning to pigeon hole problems are two examples of

Bingel [31]

<span>These two examples relieving stress from work. We all need some space especially after a hard day at the office. The time we take for ourselves help us relieve ourselves of stress or any other thing that would cause us anxiety. Sorting and categorizing problems help us prioritize what to do first so as to stay for focus on doing our jobs.</span>

7 0

2 years ago

Read 2 more answers