1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Finger [1]
3 years ago
6

Luther company uses a predetermined over head rate of $23.40 per direct labor- hour. This predetermined rate was base on a cost

formula that estimated $257,400 of total manufacturing overhead for an estimated activity level of 11,000 direct hours. The company incurred actual total manufacturing overhead cost of 249,000 and 10, 800 total direct labor hours during the period. Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.
Business
1 answer:
konstantin123 [22]3 years ago
8 0

Answer:

Your answer is given below:

Explanation:

Overheads applied = 10800 x 23.40 = 252720

Actual overheads incurred = 249000

Overapplied overheads = 252720 - 249000

= 3720

You might be interested in
Prepare the 2017 and 2018 common-size balance sheets for just dew it. (do not round intermediate calculations. Enter your answer
Nina [5.8K]

Answer:

The accounts and other information were missing, so I looked them up:

                JUST DEW IT CORPORATION

                                 Balance Sheet

                              For 2017 and 2018

                                               2017        2018        Cash

                                                                             source / use

Assets:

Current assets

Cash                                    $12,157     $14,105    source

Accounts receivable        $29,382     $32,815    use

Inventory                           $54,632    $57,204     use

Total current assets           $96,171    $104,124

Non-current assets

Net plant and equip.       $367,241   $375,830    use

Total assets                     $463,412   $479,954

Liabilities and stockholders' equity:

Current liabilities

Accounts payable            $46,382     $49,276      source

Notes payable                  $18,246       $19,784     source

Total current liabilities     $64,628     $69,060

Long term debt

Long-term debt                $49,000     $45,000     use

Owners’ equity

Common stock and

paid-in surplus                 $50,000      $50,000        -

Retained earnings          $299,784     $315,894     source

Total owners' equity       $349,784    $365,894

Total liabilities and

stockholders' equity:       $463,412    $479,954

3 0
3 years ago
You have accumulated $85,000 in student loans that average 5% interest. You graduate next month and will be paying off the loans
photoshop1234 [79]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 85000
PMT monthly payment?
R interest rate 0.05
K compounded monthly 12
N time 10 years
Solve the formula for PMT
PMT=Pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=85,000÷((1−(1+0.05÷12)^(
−12×10))÷(0.05÷12))
=901.55 round to the nearest tenth to get 900

Hope it helps!
8 0
3 years ago
The price of apples used to make apple pies has decreased. At the same time, people expect the price of apple pies increase sign
vlabodo [156]

Answer:

the correct answer is "Equilibrium quantity will increase; the effect on price is ambiguous"

Explanation:

The supply will increase as the cost of production of apple pies has diminished. The curve of the graph for supply will move to the right.  

In the event that customers expect the future costs of apple pie rises, they will stock up now and the interest for apple pie will rises. The curve of the demand graph move to right.  

At the point when both demand and supply graph curve bends a similar way, the harmony amount will increase however the impact on balance cost is indeterminate.

7 0
3 years ago
Read 2 more answers
What do you do when the neighbors think that your selling weed?
erastovalidia [21]
B. i would choose b anyways. if you choose C. They could report you and you would be caught with it. A. i wouldn't what if they don't smoke and report you.
8 0
3 years ago
Read 2 more answers
What is the final printed version of the loan application called?
adelina 88 [10]
<span>The final, printed version of the loan application is called the unfirom residential loan application or the 1004 mortage application form. This application is a five page application that the lender helps the borrower(s) fill out before making the purchase offical. All people that are going to be on the loan must fill out the form with all necessary information. </span>
7 0
3 years ago
Other questions:
  • Havermill co. establishes a $470 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated recei
    5·1 answer
  • Sonya wants to know how much her annual take-home pay will be after she pays FICA taxes totaling 7.65% on an annual salary of $3
    11·1 answer
  • The labor ____________ curve(s) will shift _______________ if there is an increase in productivity or an increase in the demand
    11·1 answer
  • You are considering purchasing a share of preferred stock that pays an annual dividend of $4.50. If you require an 11% rate of r
    14·2 answers
  • Gonzalez Company acquired $153,600 of Walker Co., 8% bonds on May 1 at their face amount. Interest is paid semiannually on May 1
    14·1 answer
  • Suppose there are 5 gas stations in Durham. All of them sell, among other things, 87 octane regular unleaded gas. Which of the f
    7·1 answer
  • When was touching spirit bear first copyrighted?
    11·1 answer
  • Concord Corporation financed the purchase of a machine by making payments of $28000 at the end of each of five years. The approp
    13·1 answer
  • Name the written test a potential driver must pass and list the minimum required score to earn a learner’s license.
    6·1 answer
  • A. What are the potential concerns involving the stopped vehicle the officer may consider when approaching the vehicle?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!