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DochEvi [55]
3 years ago
14

Rapid Enterprises applies manufacturing overhead to its cost objects on the basis of 75% of direct material cost. If Job 17X had

$84,000 of manufacturing overhead applied to it during May, the direct materials assigned to Job 17X was:
a. $63,000.
b. $84,000.
c. $112,000.
d. $147,00
Business
1 answer:
lozanna [386]3 years ago
5 0

Answer:

Direct material cost = $112,000

Explanation:

<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>

Pre-determined overhead absorption rate rate (OAR= 75% of direct material cost

Applied overhead = OAR × direct material cost

Applied overhead = 75%  × direct material cost

Let direct material cost be represented by y

84,000= 75% × y

y = 84,000/75%= 112000

Direct material cost = $112,000

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Explain two sector model with saving and investment.​
Mandarinka [93]

Answer:

sector economy, there are only two sectors of the economy, are , household sector and business sector.

6 0
3 years ago
MJ LTD is expected to grow at various rates over the next five years. The company just paid a $1.00 dividend. The company expect
Black_prince [1.1K]

Answer:

$21.859

Explanation:

According to the scenario, computation of the given data are as follow:-

Present Value = D0 × (1 + growth rate)^time ÷ (1 + Required Rate of Return)^time period

1st Year PV = $1 × (1 + 0.20)^1 ÷ (1+ 0.12)^1

                  = 1.20 ÷ 1.12

                 = 1.071

2nd Year PV = $1 × (1 + 0.20)^2 ÷ (1+ 0.12)^2

                   = $1 × (1.44) ÷ 1.254

                  = $1.148

3rd Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10) ÷ (1 + 0.12)^3

                    = $1 × (1.44) × (1.10) ÷ 1.405

                     = $1.127

4th Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10)^2 ÷ ( 1 +0.12)^4

                    = $1 × (1.44) × (1.21) ÷ 1.574

                     = $1.107

5th Year PV = $1 × (1 + 0.20)^2 × ( 1 +0.10)^3 ÷ (1 + 0.12)^5

                     = $1 × (1.44) × (1.331) ÷ 1.762

                     = $1.088

6th Year PV = $1 × (1 + 0.20)^2 × (1 + .10)^3 × (1.05) ÷ [(0.12 - 0.05) × (1+.12)^5]

= $1 × (1.44) × (1.331) × (1.05) ÷ (0.07) ×  (1.762)

= $2.012 ÷ 0.1233

= $16.318

Now

Share’s Current Value is

= $1.071 + $1.148 + $1.127 + $1.107 + $1.088 + $16.318

= $21.859

We simply applied the above formula

5 0
3 years ago
Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned 78 acres of land on Eagle Creek in Montana. When Joyce died
zlopas [31]

Answer:

The court will rule in favor of Judy

Explanation:

Kristy made a valid offer to Judy and Judy accepted it before Dave accepted Kristy´s offer so Judy's acceptance should prevail.

In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.

Kristy should have been more specific in stating that the only proper mode of acceptance was a response to Bruce.

8 0
3 years ago
The income statement for Electronic Wonders reports net sales of $91,628 million and cost of goods sold of $69,148 million. An e
irakobra [83]

Answer:

1.  Cash received from customers = $89,908

2.  Cash paid to suppliers = $71,972

Explanation:

                                                                             Amount in millions

Net sales                                                         $91,628

Less: Increase in accounts receivable                  $(1,720)

Cash received from customers                          $89,908

                                                                           Amount in millions

Cost of Goods sold                                       $69,148

Add: Increase in inventory                               $870

Add: Decrease in accounts payable                $ 1,954

Cash paid to suppliers                                        $ 71,972

7 0
3 years ago
A company recently lowered its service performance from 99 percent product availability to 97 percent product availability. The
Degger [83]

Answer:

less than $1 million.

Explanation:

According to my research, I can say that based on the information provided within the question this next change is likely to save less than $1 million. We can predict this since the first change saved $1 million but was a reduction of 3%, the second change is a reduction of 2% so it will most likely not reach 1$ million in savings  

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
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