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sertanlavr [38]
2 years ago
15

Thomlin Company forecasts that total overhead for the current year will be $13,502,000 with 157,000 total machine hours. Year to

date, the actual overhead is $8,179,100, and the actual machine hours are 91,900 hours. If Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is
Business
1 answer:
mars1129 [50]2 years ago
5 0

Answer:

$275,700 underapplied

Explanation:

The computation of the overhead is shown below:

But before that following calculation need to be done

Applied overhead is

= Actual machine hours × predetermined overhead rate

= 91,900 hours × ($13,502,000 ÷ 157,000)

= $7,903,400

And, the actual overhead is $8,179,100

So, the under applied overhead is

= $8,179,100 - $7,903,400

= $275,700

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Maksim231197 [3]

The best answer for this question would be:

 

$150,000

 

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3 years ago
Let's suppose that the demand for allergists increases in california. assuming there is a perfectly competitive market for aller
densk [106]

Let's suppose that the demand for allergists increases in California. assuming there is a perfectly competitive market for allergists in California :

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A competitive market is an economic term that refers to a market in which there are a large number of buyers and sellers and no single buyer or seller can influence the market. A competitive market has no barriers to entry, many buyers and sellers, and homogeneous products.

In economics, especially general equilibrium theory, perfect markets, also called atomistic markets, are defined by several idealized conditions collectively known as perfect or atomistic competition.

Learn more about competitive market here: brainly.com/question/8753703

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8 0
1 year ago
A. Net income was $477000.
serious [3.7K]

Answer:

the answer would be 876

Explanation:

nfdejwn

8 0
2 years ago
When the selling division in an internal transfer has unsatisfied demand from outside customers for the product that is being tr
torisob [31]

Answer:

C. the market price charged to outside customers, less costs saved by transferring internally.

Explanation:

Divisional manager performance is evaluated separately from one department to another. The Selling department need a minimum price equivalent to price the items fetch in<em> market transaction</em> to raise performance.

However <em>goal congruence </em>has to be met, therefore the price must exclude savings as a result of Internal transfer for the interest of the firm as a whole.

7 0
3 years ago
Complete the following table by selecting the term that matches each definition.
NeTakaya

Answer:

See as below

Explanation:

1. A graphical object showing the relationship between the price of a good and the amount that sellers are willing and able to supply at various prices.

Supply curve: <em>The supply curve is upward sloping. It originates from the bottom left corners and rises as prices increase.</em>

<em> </em>

2. The claim that other things being equal, the quantity supplied of good increases when the price of that good rises.

Law of supply:<em> The law of supply asserts that there is a positive or direct relationship between price and quantity supplied. Firms are willing to supply more at higher prices to make more profits.</em>

3. The amount of a good that sellers are willing and able to supply at a given price.

Quantity supplied:<em> </em><em>Quantity supplied denotes a numerical value that firms are willing to sell at the given price. A high selling is a motivation for producers to supply more. </em>

4. A table showing the relationship between the price of a good and the amount of it that sellers are willing and able to supply at various prices. supply schedule

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7 0
3 years ago
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