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
Levart [38]
3 years ago
13

Reamer Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. The company ha

s provided the following estimated costs for the next year: Direct materials - $1000, Direct labor - $3000, Sales commissions - $4000, Salary of production supervisor - $2000, Indirect materials - $400, Advertising expense - $800, Rent on factory equipment - $1000. Reamer estimates that 500 direct labor hours and 1000 machine hours will be worked during the year. The predetermined overhead rate per hour will be:__________
A. $6.80
B. $6.00
C. $3.00
D. $3.40
Business
1 answer:
Furkat [3]3 years ago
7 0

Answer:

D. $3.40

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate is

= Estimated manufacturing overhead ÷ estimated machine hours

= ($2,000 + $400 + $1,000) ÷ (1,000 machine hours)

= $3,400 ÷ $1,000 machine hours

= $3.40 per hour

You might be interested in
In international trade jargon, constant-cost production-possibility curves are associated with ________ specialization, while in
ELEN [110]

Answer:

For 1st e and for 2nd b

Explanation:

I don't remember correctly

8 0
3 years ago
Oakland Corporation reported a net operating loss of $500,000 in 20X3 and elected to carry the loss forward to 20X4. Not include
Daniel [21]

Answer:

The correct answer is

D. ($260,000)

good luck ❤

8 0
4 years ago
Utica Company has offered to supply Kingston's entire annual requirements of the part for $53 each. If Kingston buys the part fr
miss Akunina [59]

Answer:

$480,000

Explanation:

Calculation to determine what total relevant costs to make the part internally are

First step is to calculate Relevant cost per unit:

Relevant cost per unit:

Direct materials $6

Direct labor $24

Variable manufacturing overhead $12

Fixed manufacturing overhead ($15 × 0.40) $6

Relevant manufacturing cost $48

Now let determine the Total relevant costs to make the part internally

Total relevant costs to take the part internally=($48 × 10,000)

Total relevant costs to make the part internally = $480,000

Therefore total relevant costs to make the part internally are $480,000

5 0
3 years ago
The following is the sales budget for Coore, Inc., for the first quarter of 2019: JanuaryFebruaryMarch Sales budget$135,000$152,
ivann1987 [24]

Answer: See explanation

Explanation:

a. . Compute the sales for November.

This will be:

= ($96,000 - $78,800) / 10%

= $17200 / 10%

= $17200/0.1

= $172,000

b. Compute the sales for December.

This will be:

= $78800 / (10% + 30%)

= $78800 / 40%

= $78800 / 0.4

= $197000

c. Compute the cash collections from sales for each month from January through March.

January cash collection:

= ($172000 × 10%) + ($197000 × 30%) + ($135000 × 60%)

= $17200 + $59100 + $81000

= $157300

February cash collection:

= ($197000 × 10%) + ($135000 × 30%) + ($152000 × 60%)

= $19700 + $40500 + $91200

= $151400

March cash collection:

= ($135000 × 10%) + ($152000 × 30%) + ($167000 × 60%)

= $13500 + $45600 + $100200

= $159300

8 0
3 years ago
What types of information does a W-2 form contain? Check all that apply
vovangra [49]

Answer:

Normally "check all that apply" is followed by answers to check...

Explanation:

A W-2 is a Tax statement

8 0
4 years ago
Other questions:
  • Cesar claims he found a definite way to save money, "Buy direct from the manufacturer. Any time intermediaries get involved, you
    7·1 answer
  • Amount of a product offered for sale at all possible market prices
    14·1 answer
  • Which of the problems in the construction of the CPI might be illustrated by each of the following situations? Explain.
    7·1 answer
  • Assuming year 2 cost of goods sold is $730,000, what are the company's average days to sell inventory
    11·1 answer
  • Suppose you want to lose 20 pounds. to reach your goal, you take small steps. you start by joining a support group and counting
    13·1 answer
  • On March 31, 2018, the Freeman Company leased a machine. The lease agreement requires Freeman to pay 10 annual payments of $6,00
    5·1 answer
  • The transfer price which uses a variety of cost concepts is the: negotiated price approach standard cost approach cost price app
    12·1 answer
  • ok guys one thing should i just sit back and let my sis be hurt or should i try to help her no matter how hard she push me away
    14·2 answers
  • New shale gas deposits are found in North Dakota :
    7·1 answer
  • A Truss Above, a home builder in the United States, secures products such as roofing shingles, cabinets, and plumbing materials
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!