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enyata [817]
3 years ago
7

Crinks Corporationu ses direct labor hours in its predetermined in its predetermined overhead rate. At the beginning of the year

, the estimated direct labor-hours were 14,400 hours and the total estimated manufacturing overhead was $355,680. At the end of the year, actual direct labor-hours for the year were 10,800 hours and the actual manufacturing overhead for the year was $254,840. Overhead at the end of the year was:_______
Business
1 answer:
balu736 [363]3 years ago
6 0

Answer: $11920 Overapplied

Explanation:

We have to calculate the Predetermined overhead rate which would be:

= Estimated total manufacturing overhead / Estimated amount of the allocation base

= $355,680 ÷ 14,400 direct labor-hours

= $24.70 per direct labor-hour

Since the actual hours is 10,800 hours, therefore, the applied overhead would be:

= 10,800 × 24.70

= $266,760

Since the actual overhead = $254,840, then the overapplied Overhead would be:

= $266,760 - $254,840

= $11920 Overapplied

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Answer:

A) David will make pizza because he has comparative advantage in making pizza.

Explanation:

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6 0
3 years ago
The money left over after all of the business costs are subtracted is called the __________.
Ulleksa [173]

the awnser is B.Net profit

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3 years ago
Newman Consulting Company maintains its records on a cash basis. During 2021 the following cash flows were recorded: cash receiv
Rainbow [258]

Answer: $143,000

Explanation:

Accrual Income for the year = Cash from clients + Closing receivable balance - Opening receivable balance - Salaries - (Utilities - Opening utilities owed + closing utilities owed) - Advertising

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3 0
3 years ago
1. Describe Village Volvo's service package.
Novay_Z [31]

Answer:

See the explanation for the answer.

Explanation:

1. Village Volvo’s service package involves following 5 service package:-

a) Implicit Service:-Mechanics of Volvo provides very friendly environment with positive attitude. They acts as helping hand to customers by providing them advice/consultancy.

b)  Explicit Service:-Volvo provide high quality of repair services with a reasonable price thereby ensuring that all Volvo vehicles are running smoothly with no problems.

c)   Facilitating goods:-They provide good waiting area for their customers with services such as TV, coffee, soft drink machine newspaper.

d)  Supporting facility: - They occupy new building and keep it neat and clean. This building include all facilities as per requirement.

e)  Information:-Mechanic understand vehicle’s problem first, analyze solution and notify customer with estimated cost and time required.

2. Distinctive characteristics of a service firm illustrated by Village Volvo are:-

a)  Trust

b)  Customer comfort and satisfaction

c)  Respect

3. Village Volvo can manages its back office like a factory by adoption framework of quality management i.e

a)  Giving more importance to safety of its employees.

b)  Stressing more on security of its employees

c)  Create friendly environment for employees to work in and provide employee satisfaction.

d)  Provide a sustainable growth.

4. Village Volvo can differentiate itself from Volvo dealers from following ways:-

a)  Sustainable customer touch points.

b)  Professional mechanics/agents

c)  Through service excellence, village Volvo can create a differentiation.

3 0
3 years ago
Describe how you can spend wisely or improve your spending habits
Ahat [919]
Sticking to a budget can really help. If you have a certain amount for clothes, and another for food, and one for extras, stick to that budget. Don't go off and buy un-necessary items. That way you'll have extra when you absolutely need it, and enough in a certain area for when you go shopping for specific items.
~Silver
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4 years ago
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