Jennifer has been highly unproductive at work for the last few weeks and is counseled regarding organizational policies and rule
1 answer:
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Answer:
$339,600
Explanation:
The internal rate of return is the relationship between the price of the equipment and their yearly cash flow. the IRR makes the net present value equal to zero thus, it makes the present value of the yearly cashflow equal to the cost:
C 60,000.00
time 12
rate 0.14
PV $339,617.5275
<em><u>From the given option:</u></em>
$ 339,600 is the closest option.
Answer:
a) Standard WIP 75,000 debit
factory overhead 75,000 credit
b) applied to deluxe model 28 setups x $ 400 = $ 11,200
c) total overhead to deluxe: 35,200
Explanation:
expected overhead: 120,000
total labor hours: 375 + 22 = 600
overhead rate: 120,000 / 600 = 200
applied to Standard model: 375 hours x $ 200 = 75,000
overhead cost for setups: $ 20,000
total setups (cost driver) 22 + 28
activity rate: $ 20,000 / 50 setups = $ 400
applied to deluxe model 28 setups x $ 400 = $ 11,200
overhead cost for component: $40,000
total components: 8 + 12 = 20
activity rate: 40,000 / 20= 2,000
applied to deluxe model: 12 x 2,000 = 24,000
<u>Overhead cost into deluxe model under ABC:</u>
setup overhead applied to deluxe model 28 setups x $ 400 = $ 11,200
component overhead applied to deluxe model: 12 x 2,000 = 24,000
Total: 35,200