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Elena L [17]
3 years ago
5

A company has an overhead application rate of 124% of direct labor costs. How much overhead would be allocated to a job if it re

quired total labor costing $24,000?
Business
1 answer:
Gennadij [26K]3 years ago
6 0

Answer:

$29,760

Explanation:

Overhead application rate = 124% of direct labor cost

The required total labor costing = $24,000

Total overhead applied = Overhead application rate *  $24,000

Total overhead applied = 124% * $24000

Total overhead applied = $29,760

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This international business strategy is generally the most expensive commitment that a firm can make to an overseas market
shtirl [24]

Foreign Direct Investment is the  international business strategy is generally the most expensive commitment.

<h3>What is Foreign Direct Investment?</h3>

Foreign Direct Investment is the investment of the one company investment to another country. Mostly this type of business is done by the business person to expand their business in multiple countries and establish their portfilio.

Thus, option D is correct.

For more details about Foreign Direct Investment, click here:

brainly.com/question/17309021

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8 0
2 years ago
Banks Company sold merchandise on account for $35,000 with terms 2/10, n/30. The cost of goods sold was $27,600. If the invoice
WITCHER [35]

Answer:

The amount of cash received by Banks Company is $34,300

Explanation:

The computation of the cash received by the bank company is shown below:

= Merchandise amount - discount

where,

Merchandise amount is $35,000

And, the discount equal to

= Merchandise amount × discount percentage

= $35,000 × 2%

= $700

Now put these values to the above formula  

So, the value would equal to

= $35,000 - $700

= $34,300

3 0
4 years ago
Don, an office equipment sales​ representative, earns a weekly salary plus a commission on his sales. One week his total compens
Y_Kistochka [10]

Answer:

The answer is: Don's weekly salary is $460 and his sales' commission is 5%

Explanation:

We have to solve the following two equations:

Don's salary week 1 = b + $3,000c =$610

Don's salary week 2 = b + $4,000c =$660

Where:

  • b = Don's base weekly salary
  • c = sales' commission

Step 1:

b + $4,000c =$660

<u>-(b + $3,000c =$610)</u>

$1,000c = $50

Step 2:

c = $50 / $1,000 = 0.05 = 5%

Step 3:

b + ($3,000 x 5%) = $610

b + $150 = $610

Step 4.

b = $610 -$150 = $460

8 0
3 years ago
The marketing managers of Havtol Inc., a food products company, created a dedicated software system to receive customers’ feedba
jarptica [38.1K]

Answer:

A) web survey system

Explanation:

A web survey system is used to create a database with the customers' stored answers to the questionnaire. That database can be processed by statistical software to provide analytical information about Havtol's customers, the products they prefer and other relevant information (depending on what the questionnaire was about).

5 0
3 years ago
Requirement 2:
Nuetrik [128]

Answer:

Requirement 2

a) Net Operating Income (Loss) for year 1 under absorption costing = 110,600

b) Net Operating Income (Loss) for year 2 under absorption costing = 257,600

c) Net Operating Income (Loss) for year 1 under variable costing = 238,200

d) Net Operating Income (Loss) for year 2 under variable costing = 385,200

e) The cost of goods sold is always less under variable costing than under absorption costing.

Explanation:

a) Absorption Costing, also called full absorption costing, capture all costs associated with manufacturing a particular product, such that the direct and indirect costs, such as direct materials, direct labor, rent, and insurance, are fully accounted for using this managerial accounting method.

b) Variable Costing is a managerial accounting technique that assigns variable costs to inventory, so that all period (fixed overhead) costs are charged to expenses in the period incurred, while only direct materials, direct labor, and variable manufacturing overhead costs are assigned to inventory.

Download xlsx
5 0
3 years ago
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