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Mnenie [13.5K]
3 years ago
11

Kilt Company used a predetermined overhead rate of $41 per direct labor hour for the year and estimated that direct labor hours

would total 6,100 hours. Assume the only inventory balance is an ending Work in Process balance of $17,700. How much overhead was applied during the year
Business
1 answer:
vazorg [7]3 years ago
6 0

Answer:

$205,000

Explanation:

The above is an incomplete question as we were not given actual direct labor hours. From a similar question, I picked 5,000 as the direct labor hours .

With regards to the above information, applied overhead is computed as;

Applied overhead = Overhead rate × Actual direct labor hour

Given that;

Overhead rate = $41

Actual direct labor hour = 5,000

Therefore,

Applied overhead = $41 × 5,000 = $205,000

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Answer:

C. Managing nurseries

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4 0
4 years ago
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According to business news daily, job stress is estimated to cost american companies more than _____ a year in health costs, abs
netineya [11]

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4 0
2 years ago
Van lives in Miami and runs a business that sells guitars. In an average year, he receives $842,000 from selling guitars. Of thi
OlgaM077 [116]

Answer:

manufacturer --> explicit cost

wages and utilities --> explicit cost

implicit cost --> rent of the showroom

implicit cost --> accountant salary

Explanation:

Implicit cost:

A cost already occurred but not necessarily shown or reported as a separate expense. It represents the opportunity cost of internal resources used without explicit compensation. The loss of potential income. but not of profits.

Resuming Implicit cost comes from the use of an asset, rather than renting or buying it.

Explicit cost:

Is a cost that occurs, identificable  and accounted. It occurs during business operations and has a clearly defined dollar amount.

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3 0
3 years ago
Even though the united states has an unemployment compensation program that provides income for those out of work, should we sti
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5 0
2 years ago
The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.
natita [175]

The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.--- True

Explanation:

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8 0
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