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NISA [10]
3 years ago
11

Kearney Inc. has a factory with the following characteristics: direct labor of $82056, direct materials of $52432 fixed overhead

of $156141, variable overhead of $146362, 11453 units produced, and 408 shipments made. One of its products is LQ6. LQ6 used 162 hours of labor. The factory made 1272 units of LQ6 at a materials cost of $3.36 per unit. LQ6 also requires 56 shipments. All of the factory's labor costs $27 per hour. Kearney's cost allocation system uses two cost pools. Pool A includes all variable overhead and uses direct labor as the allocation base. Pool B includes all fixed overhead and uses direct materials as the allocation base. How much cost from Pool A is allocated to LQ6? (round to whole number of $)
Business
1 answer:
frutty [35]3 years ago
4 0

Answer:

The amount of cost from Pool A that is allocated to LQ6 is $7,802.

Explanation:

Since Pool A includes all variable overhead and uses direct labor as the allocation base, we can obtain the following from the question:

Direct labor = $82,056

Variable overhead = $146,362

Number of labor hours used by LQ6 = 162

Factory's labor costs per hour = $27

Therefore, we have:

Factory's labor cost of LQ6 = Number of labor hours used by LQ6 * Factory's labor costs per hour = 162 * $27 = $4,374

Variable over allocated to LQ6 from Pool A = (Factory's labor cost of LQ6 / Direct labor) * Variable overhead = ($4,374 / $82,056) * $146,362 = $7,801.83518572682

Rounding to whole number of $ as required, we have:

Variable over allocated to LQ6 from Pool A = $7,802

Therefore, the amount of cost from Pool A that is allocated to LQ6 is $7,802.

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A liquidated damage provision will be enforced when: a technical breach of contract has occurred without causing any actual loss
ziro4ka [17]

Answer:

the amount specified is reasonable and actual damages are difficult to determine.

Explanation:

Liquidated damages provision is a contract that is drawn up between parties in a transaction. It defines the damages that will be paid by a party for non performance in a contractual agreement.

The liquidated damages provision is enforceable when a contract is breached and it is difficult to determine the amount of actual damage done. The next option will be to use the stated amount in the contract so far it is reasonable.

7 0
3 years ago
Louise McIntyre’s monthly gross income is $3,500. Her employer withholds $820 in federal, state, and local income taxes and $370
Lesechka [4]

Answer:

1. 26.79%

2. No

Explanation:

a. The computation of debt payment to income ratio is shown below:

The income would be equal to

= Monthly gross income - federal, state, and local income tax - social security taxes - IRA

= $3,500 - $820 - $370 - $220

= $2,090

And, the debt payments equal to

= Visa card + master card + automobile loan

= $125 + $120 + $315

= $560

So, the debt payment to income ratio would equal to

= $560 ÷ $2,090

= 26.79%

b. we conclude that debt percentage is more than the monthly payments.

8 0
3 years ago
Cynthia works at an engineering firm in Arizona that installs transmission lines and works with the electrical systems of buildi
mrs_skeptik [129]

Answer:

business market

Explanation:

Based on the information provided within the question Cynthia's organization targets the business market. This is defined as the market in which a product/service is sold to another business/company/entity and they either use daily, resell or use for production. Which in this scenario Cynthia is an engineer installing electrical systems which her clients will use for daily usage.

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

6 0
3 years ago
What is one way governments try to encourage growth?.
Jlenok [28]

Governments use spending and taxing powers to promote stable and sustainable growth.

<h3>What is encourage growth?</h3>

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Vaccinations, exclusive breastfeeding, and prompt medical attention when ill are all factors in a child's healthy growth and development. For young children to explore and learn, it's crucial to have access to clean air, water, and sanitary facilities, as well as safe spaces for play and recreation.

Variations in the GDP and other macroeconomics indices can be used to detect a business cycle. The business cycle has four distinct phases: expansion, peak, contraction, and trough.

The peak, the recession, the trough, and the expansion are the four stages of the business cycle. The lengths of business cycles vary.

The term "classical cycle" describes ups and downs in overall productivity. The production growth rate's variations are what the growth cycle is concerned with.

To learn more about encourage growth refer to:

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7 0
1 year ago
The type of loan that allows people to borrow money from the amount invested in their house is a _____.
Alexeev081 [22]

Answer:

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Explanation:

5 0
3 years ago
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