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
Schach [20]
3 years ago
11

The Work-in-Process inventory account of a manufacturing firm shows a balance of $3,250 at the end of an accounting period. The

job cost sheets of two uncompleted jobs show charges of $510 and $310 for materials, and charges of $410 and $670 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:
Business
1 answer:
max2010maxim [7]3 years ago
3 0

Answer:

$1.25

Explanation:

With regards to the above and given that;

Direct material = $510 310

Direct labor = $410 $670

Manufacturing overhead?

Work in process = Direct material + Direct labor + manufacturing overhead

$3,250 = $820 + $1,080 + MOH

$3,250 - $1,900 = MOH

MOH = $1,350

Overhead rate = MOH/Direct labor hour

= $1,350/1080

= $1.25

You might be interested in
You own one call option with an exercise price of $30 on Nadia stock. This stock is currently selling for $27.80 a share but is
Shalnov [3]

Answer: 0.755

Explanation:

From the information given, the current per share value of the option if it expires in one year will be calculated as follows:

Firstly, we calculate the present value which will be:

= $28 / ( 1 + 0.05 )

= $28/1.05

= $26.667

The number of options needed will be:

= ( 34 - 28 )/ ( 4-0)

= 6/4

= 1.5

Therefore,

27.80 = (1.5 x Co) + [28 / (1+0.05)]

27.80 = 1.5Co + (28/1.05)

27.80 = 1.5Co + 26.667

1.5Co = 28.0 - 26.667

1.5Co = 1.1333

Co = 0.755

Therefore, the answer is 0.755

5 0
3 years ago
How would you characterize the strategy for competing internationally that ford was pursuing prior to the arrival of alan mullal
miskamm [114]

1. Prior to the arrival of Alan Mullay, Ford was following a strategy of offering products that were modified as per the tastes and preferences of the local market. It did not pusrue a strategy of standardization. For Ford, the focus was to meet the particular demands of local consumers. The benefits of this strategy was that particular tastes and preferences of loacl consumers were satisfied by producing models with different specifications for different markets. For example, Americans love SUVs and trucks while Asian and European consumers have a preference for fuel efficient cars. This strategy helps Ford to cater to all the different needs.

In terms of costs, such a stratgey increased the production and operations costs as the economies of scale could bot be achieved. Further advantages of standardization like common parts, sharing of development costs could not have been reaped by Ford, thus increasing costs. Ford was pursuing this strategy due to the autonomy of different regions within Ford's organization.

<span>2. With the One Ford initiative, Mullay is trying to create car platforms that can be used accross the globe without any need for modifications and customizations. The benefits of this strategy is that development costs will be shared among different markets, common parts can be procured for a car model and eventually economies of scale can be achieved. For example, small cars like</span> Focus will have the same set of requirements accross the globe and can be standardized easily. In terms of drawbacks, Ford will not be able to cater to regional nuances in the taste of customers belonging to different markets.

<span>3. The One Ford initiative does not imply that Ford will now disregard national and regional differences in demand. It will merely cut down the number of platforms that stands at 15 currently to around five platforms. Minor modifications will be allowed under the platform and these minor modifications will ensure that national and regional differences in demand is satisfied. This is specially the case for smaller cars like  Focus, or the Escape SUV.</span>

<span> </span>

5 0
4 years ago
The __________ approaches her social world with practical knowledge, whereas the __________ approaches the world by using reason
Mnenie [13.5K]

The <u>everyday actor </u>approaches her social world with practical knowledge, whereas the <u>social analys</u>t approaches the world by using reasoning and questions to<u> </u>gain deeper insights.

A social media analyst is a person who always assesses your logo's owned statistics, campaign and content material performance and social listening statistics, and interprets all of it inevery day actionable business tips.

An analyst gathers, interprets, and makes use of complex records day-to-day to develop actionable steps as a way to improve strategies and optimize consequences. She or he assesses organization and client wishes, gets strong facts, and analyzes it, looking for telltale trends or areas for development.

Social Media Analyst collects and analyzes data day-to-day social media advertising campaigns. Assists groups in figuring out suitable social media channels for their specific enterprise needs, and tailors campaigns every day for the target audience.

Learn more about analyst here: brainly.com/question/24856057

#SPJ4

7 0
2 years ago
The payments in return for labor and capital are _____, respectively.
Nonamiya [84]
I believe the answer is D, wages and interest
7 0
4 years ago
Xavier Heffner owns and operates Heffner Advertising Services. On January 1, 2018, Retained Earnings had a balance of $180,650.
insens350 [35]

Answer:

$ 184,650

Explanation:

Heffner Advertising Services Retained Earnings Statement For the Year Ended December 31, 2018

Retained earnings, January 1st, 2018 $180,650

Net Income$ 19,500

Dividends($23,500)

Change in retained earnings

($19,500- $23,500) $ 4,000

Retained earnings, December 31st, 2018

($180,650+$4,000) $ 184,650

Therefore Heffner Advertising Services Retained Earnings Statement For the Year Ended December 31, 2018 will be $184,650

6 0
3 years ago
Other questions:
  • Eliza has just opened a new business near campus that is a combination of a laundromat, a nail salon, and a tanning studio. Ther
    5·1 answer
  • Journalise the followung transactions.
    6·1 answer
  • Professor Foley conducted a cola taste test. Each participant in the experiment first tasted 2 ounces of Coca-Cola, then 2 ounce
    6·1 answer
  • New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $500,
    11·1 answer
  • The manager of a firm believes that she would lose sales if she raised her prices by $2.00, but the revenue lost would be more t
    7·1 answer
  • You have decided that you want to attend a costume party as Black Panther. You estimate that it will cost $40 to assemble your c
    8·1 answer
  • Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offe
    10·1 answer
  • HELP QUICK WILL PICK BRAINLIEST
    8·1 answer
  • What is the value of ln(-1)<br>​
    9·1 answer
  • Which of the following are characteristics of a project team?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!