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jonny [76]
3 years ago
14

Using a single plantwide rate from question 25, the factory overhead allocated per unit of Product A in the Painting Department

is b. $325.00 per unit c. $147.70 per unit a. $236.32 per unit d. $161.00 per unit
Business
1 answer:
fiasKO [112]3 years ago
8 0

Answer:

a. $236.32 per unit

Explanation:

The Full question is "Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $250,000 10,000 16 4 Finishing Dept. 75,000 12,000 4 16 Totals $325,000 22,000 20 20"

A single plant wide factory overhead rate is been used. Thus, Overhead rate per hour = $325000 / 22000 hrs = $14.77

The total hours required to produce a product = 20 hours in painting + 20 hours in finishing

The total hours required to produce a product = 40 hours

Overhead per product = Overhead rate per hour * The total hours required to produce a product

Overhead per product = $590.8

The DLH required for a product A in painting department = 16 DLH

. Overhead rate per unit for product A in painting department = ($590.8/40 DLH) *16 DLH = $236.32 Per Unit

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The business earns $700 of consulting revenue. How would these earnings affect the total equity of a business?a. Liabilities are
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Answer:

d. Revenues increase, so total equity is increased.

Explanation:

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3 years ago
Read 2 more answers
Capri Company began the current period with a $20,000 credit balance in the K. Capri, Capital account. At the end of the period,
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Answer:

1. $26,400

2. $34,400

Explanation:

The closing entry for the following accounts are shown below:

1. Service fees earned A/c Dr $70,000

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           To Income Summary             $ 77,000

(Being revenue account closed)

2. Income summary A/c Dr $50,600

          To Depreciation Expense $8,000

          To Salaries  Expense $38,000

         To Utilities Expense $4,600

(Being expenses accounts are closed)

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     To  K. Capri, Capital A/c         $26,400

(Being the difference is credited to the capital account)

4. K.Capri capital $12,000    

        K.Capri withdrawals $12,000

(Being K.Capri withdrawals account is recorded)

Now the balance in the income summary is shown above i.e $26,400

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= $20,000 + $26,400 - $12,000

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5 0
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Answer:

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The scandal involved many major banks, e.g. Deutsche Bank, Barclays, UBS, Rabobank, HSBC, Bank of America, Citigroup, JPMorgan Chase, the Bank of Tokyo Mitsubishi, Credit Suisse, Lloyds, WestLB, Royal Bank of Scotland, and a long list of etc.

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