Answer:
A. $194, 035
Explanation:
Predetermined Manufacturing overhead Rate = Estimated total overheads / Estimated direct labor hours
Predetermined Manufacturing overhead Rate = $176,000 / 13,700
Predetermined Manufacturing overhead Rate = $12.85 / direct labor hour
Actual Labor hours = 15,100 hours
Manufacturing overhead allocated = $12.85x 15,100
Manufacturing overhead allocated = $194,035
The correct option is A. $194, 035
Answer:
The answer is: Projected net sales for this year are $45,254
Explanation:
The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).
Next year their products will have a $10 increase (10%), so the unit price will be $110.
Due to the price increase, the number of units sold will decrease by 15%, to a total of 425 units.
MG Lighting total sales will be $46,750. Approximately 3.2% of the total sales will be returned (equivalent to $1,496).
MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)
Answer: 0.1282
Explanation:
Total number of possible outcome( total candidates) = 13
Total number of men = 13 - 8 = 5
Total number of women = 8
Number of candidates to be selected = 2
Find the probability that both are men :
Probability of 1st candidate being a male = required outcome ÷ total possible outcome = 5/13
Probability of second candidate being a male, means we now have 4 men left and a total of 12 = 4/12
Therefore, P = (5/13) × (4/12)
P = (5/13) ×(1/3) = 5/39 = 0.1282
Answer:
= 11.85%
Explanation:
After tax cost of debt = (1 - tax rate) x debt
(1 - 0.21) x 15%
0.79 x 15% = 11.85%
Answer:
$807,500
Explanation:
First determine the cost per unit (U) as a function of cost of materials (M):
M = 2 * $2.00 = $4.00
And cost of labor and overhead (L):
L = 2.7*($20.00+$10.00)
L= $81.00
Total cost per unit is:
U = M + L = $4.00+ $81.00
U = $85.00
The estimate cost of goods sold for the month of May (C) is the product of the cost per unit by the number of units sold during the month (9,500):
C= $85.00*9,500
C= $807,500
Therefore, the estimated cost of goods sold for May is closest to $807,500
