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borishaifa [10]
2 years ago
8

Housholder Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each ye

ar. The company has provided the following data for the most recent year. Estimated total fixed manufacturing overhead from the beginning of the year $310,000 Estimated activity level from the beginning of the year 20,000 machine-hours Actual total fixed manufacturing overhead $338,000 Actual activity level 18,300 machine-hours The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
Anestetic [448]2 years ago
7 0

Answer:

Allocated MOH= $283,650

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 310,000 / 20,000

Predetermined manufacturing overhead rate= $15.5 per machine hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 15.5*18,300

Allocated MOH= $283,650

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ikadub [295]

Answer:

The correct answer is C. classical economist.

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Classical economics reoriented economic thinking away from the approach that was based on the preferences of rulers or social classes. The classics emphasized the benefits of free trade and developed an organized analysis of the value of goods and services as a reflection of their cost of production.

Classical economists opposed government intervention in the market through price controls, fees, regulations or any other mechanism that altered its normal functioning.

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3 years ago
Why can a price discriminating monopolist be both more profitable and more efficient (i.e., produce greater net benefits for soc
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The Correct answer is "Because it supplies a higher quantity of output than a single price monopolist"

Explanation:

A cost segregating monopolist charges distinctive cost to various gathering of shoppers based on their capacity to pay, which empower it to create higher amount than a non-separating monopolist.  Since it supplies a higher amount of yield than a solitary value monopolist.

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3 years ago
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Which term refers to business processes that are not executed by a single group or function? _______
Vlad [161]

Answer:

B) Cross-Functional

Explanation:

A cross-functional team is a group of workmates from different functional departments who collaborate to achieve a common goal. Organization create cross-functional teams to work as a unit on a specific project.  The teams are temporary and get dissolved once the project is completed.

Cross-functional teams help an organization get better results more quickly.   The team is composed of experts from different sections which eliminates the need for too much internal consultations. The organization gets high-performance results due to the composition of the team.

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3 years ago
Tennessee Corporation is analyzing a capital expenditure that will involve a cash outlay of $109,332. Estimated cash flows are e
Mazyrski [523]

Answer:

D

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $-109,332

Cash flow each year from year 1 to 4 = $36,000

IRR = 12%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

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Lynn Ally, owner of a local Subway shop, loaned $51,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Ly
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Pete plans to pay off Lynn on the give-up of 9 years with 4% interest compounded semiannually=$116,815.96.

A = P(1 + r/100)t

A=59000(1+0.1/2)^(2*7)

=$59000*1.979931599

interest compounded =$116,815.96

Compounding hobby semiannually method that the fundamental of a loan or investment at the start of the compounding period, in this case, every six months, consists of the entire hobby from every preceding period.

Semiannual means an event that happens twice a year, every six months. In business surroundings, semiannual is something that is recurring like payments or an interest fee.

If you want to calculate what your investments may be really worth primarily based on returns that compound semiannually, first, divide the yearly fee of going back by way of 100 to convert it to a decimal. 2nd, divide the once-a-year price as a decimal by way of 2 to transform it into a semiannual fee for going back.

Learn more about interest compounded semiannually here: brainly.com/question/24924853

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