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
andrew-mc [135]
3 years ago
13

XYZ Co. uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. It based its

predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $440,000, variable manufacturing overhead of $2.20 per machine-hour, and 50,000 machine-hours. The estimated total manufacturing overhead is closest to:
Business
1 answer:
Iteru [2.4K]3 years ago
4 0

Answer:

the estimated total manufacturing overhead is $550,000

Explanation:

The computation of the estimated total manufacturing overhead is given below:

= Fixed manufacturing overhead + variable manufacturing overhead

= $440,000 + $2.20 × 50,000 machine hours

= $440,000 + $110,000

= $550,000

hence, the estimated total manufacturing overhead is $550,000

You might be interested in
Which entities constitute the primary and secondary stakeholders of a business, respectively? __________ are some of the primary
horsena [70]
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
3 0
3 years ago
Read 2 more answers
Marian Corporation has two separate divisions that operate as profit centers.Black Division Navy DivisionSales (net) $700,000 $3
Lyrx [107]

Answer:

The correct option is c. $482,000; $87,000

Explanation:

For computing the departmental income, the following formula is shown below:

= Sales - cost of good sold - salary expense - rent expense

For Black division,

The department income would be

=  Sales - cost of good sold - salary expense - rent expense

where,

rent expense = black division × (total rent expense ÷ sum of total square feet)

where,

sum of total square feet = black division square feet + navy division square feet

= 28,000 + 42,000

= 70,000 square feet

So, the rent expense for black division would be equal to

= 28,000 × (70,000 ÷ 70,000)

= 28,000

So, the departmental income for black division equal to

= $700,000 - 170,000 - 20,000 - 28,000

= $482,000

For Navy division,

The department income would be

=  Sales - cost of good sold - salary expense - rent expense

where,

rent expense = navy division × (total rent expense ÷ sum of total square feet)

where,

sum of total square feet = navy division square feet + navy division square feet

= 28,000 + 42,000

= 70,000 square feet

So, the rent expense for black division would be equal to

= 42,000 × (70,000 ÷ 70,000)

= 42,000

So, the departmental income for black division equal to

= $320,000 - 151,000 - 40,000 - 42,000

= $87,000

Hence, the departmental income for the Black and Navy Divisions is $482,000 and $87,000 respectively.

Therefore, the correct option is c. $482,000; $87,000

4 0
3 years ago
purchased equipment, a building, and land for one price of $6,050,500. The estimated fair values of the equipment, building, and
otez555 [7]

Answer:

the amount that the company would  record the building is $ 4,235,350

Explanation:

Because the Assets (Equipment, Building and Land) purchased will be depreciated diferently, there is need to allocate the purchase cost to the respective assets.

<u>Fair Values are used to Apportion cost of Assets as follows :</u>

<em>Equipment</em>

1,000,000/ 10,000,000 × $6,050,500 =  $605,050

<em>Buildings</em>

7,000,000/ 10,000,000 × $6,050,500 = $ 4,235,350

<em>Land</em>

2,000,000/ 10,000,000 × $6,050,500 = $1,210,100

7 0
3 years ago
Tattoo Tax Arkansas imposes a 6% tax on tattoos and body piercings to discourage this behavior, meaning that the people of Arkan
jenyasd209 [6]

Answer:

c

Explanation:

customers surplus is going to decrease due to the tax increase, some of the customers may not afford and that may affect Arkanas financial performance

6 0
3 years ago
Indirect labor includes:_________ (You may select more than one answer. Single click the box with the question mark to produce a
ch4aika [34]

Answer:

b labor of the maintenance employees

c labor of the clerical staff

Explanation:

During the production or composition of finished goods, some form of labors are directly or indirectly involved in the manufacturing of such finished product. Where labor is not readily traced to the manufacturing of finished product, such is known as indirect labor.

On the other hand, labor that is directly involved in the composition of finished product is known as direct labor. Examples of indirect labor are ; wages of supervisors , clerical staff, general helpers , material handlers and maintenance workers.

3 0
2 years ago
Other questions:
  • Technological disruption: a. mostly affects the new entrants. b. is a problem primarily in embryonic industries. c. is typically
    13·1 answer
  • Management of Plascencia Corporation is considering whether to purchase a new model 370 machine costing $512,000 or a new model
    5·1 answer
  • Moss County Bank agrees to lend the Ivanhoe Company $365000 on January 1. Ivanhoe Company signs a $365000, 6%, 9-month note. The
    14·1 answer
  • Wolf Pack Deli purchased $2,400 of supplies for cash. A month later Wolf Pack Deli purchased additional supplies on account for
    11·1 answer
  • Cat's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cat's enters into an agreement
    12·1 answer
  • What are some law enforcement reforms that either have been discussed or are underway?
    10·1 answer
  • What is the difference between password protection and encryption?
    13·1 answer
  • Based on this model, households earn income when firms __________ purchase goods and services ___________in markets for factors
    8·1 answer
  • 6. When as asset, such as a car, decreases in value over time what is it called?
    9·1 answer
  • Assume the manager is located at point B in the diagram above, and he is charging a price of P0. What does the demand for the fi
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!