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lesantik [10]
2 years ago
14

What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-h

ours
Business
1 answer:
Vesnalui [34]2 years ago
6 0

Answer:

$44,268

Explanation:

Calculation for What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours

First step is to calculate the Plant-wide Overhead Rate using this formula

Plant-wide Overhead Rate = Total Overhead / Total Direct Labor Hours

Let plug in the formula

Plant-wide Overhead Rate = $632,400 / 4,800 hours

Plant-wide Overhead Rate = $131.75

Now let calculate the total manufacturing overhead for the current product order

Using this formula

Current product order Total Manufacturing Overhead = Plant-wide Overhead Rate * Direct Labor Hours

Let plug in the formula

Current product order Total Manufacturing overhead= $131.75 *336 hours

Current product order Total Manufacturing overhead= $44,268

Therefore the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours will be $44,268

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All else constant, an increase in a firm's cost of debt: a. will lower the firm's weighted average cost of capital. b. will resu
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Answer:

C

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will increasethr firm's capital structure weight of dept.

8 0
3 years ago
Refer to the following lease amortization schedule. The five payments are made annually starting with the beginning of the lease
babymother [125]

Answer and Explanation:

Lease   Cash    Effective           Decrease in               Outstanding

Payment   Payment   Interest           Balance                   Balance

                                                                                                       $ 34,600

1                $ 8,000     $ 3,460*       $ 4,540**                        $ 26,600

2          $ 8,000     $ 2,660        $ 5,340                       $ 21,260

3          $ 8,000     $ 2,126        $ 5,874                       $ 15,386

4         $ 8,000    $ 1,539                $ 6,461                       $ 8,925

5          $ 8,000    $   893                $ 7,108                        $ 1,818***

6        $ 2,000    $   182              $ 1,818                             $    -  

*34600 x 10%

**8000-4540

***8000-7108

Interest rate = interest on second lease payment/outstanding balance after 1st payment x 100

Interest rate = 2660/26600 x 100

Interest rate = 10%

5 0
3 years ago
Leader Corporation Company uses a job-order costing system with a single plantwide pre-determined overhead rate based on machine
taurus [48]

Answer:

Selling price per unit= $196

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (400,000 / 50,000) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

<u>Now, we can allocate overhead and calculate the total cost:</u>

<u></u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 14*100= $1,400

Total cost= 1,400 + 750 + 2,750

Total cost= $4,900

<u>Finally, the selling price per unit:</u>

<u></u>

Unitary cost= 4,900/40= $122.5

Selling price= 122.5*1.6

Selling price= $196

3 0
3 years ago
Nash's Trading Post, LLC had a balance in the Accounts Receivable account of $761000 at the beginning of the year and a balance
WARRIOR [948]

Answer:

4

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receivable turnover = net credit sales / average inventory

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8 0
3 years ago
Question in picture.
jonny [76]
I believe it’s 4 since you have to go to class and introduce yourself to the teachers so he/she will know you better and know how they can help you and when going to their office hours they can help you with anything that you are having trouble with.
5 0
3 years ago
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