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steposvetlana [31]
3 years ago
15

Work-in-Process Inventory for Wendall Productions has a balance of $2,600 at the end of the accounting period. The cost summarie

s for the uncompleted jobs showed direct materials of $1,200 and direct labor of $800. Wendall applies manufacturing overhead on the basis of direct labor cost. The company's predetermined overhead rate is:
A. $1.00 per direct labor dollar
B. $0.65 per direct labor dollar
C. $0.50 per direct labor dollar
D. $0.75 per direct labor dollar
Business
1 answer:
soldi70 [24.7K]3 years ago
8 0

Answer:

D. $0.75 per direct labor dollar

Explanation:

Total work in process = $2,600

- Direct materials cost = ($1,200)

- Direct labor cost = ($800)

Manufacturing overhead = $600

Predetermined overhead cost = total overhead cost / total direct labor costs = $600 / $800 = $0.75 per direct labor dollar

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zaharov [31]

Answer:

$18,250

Explanation:

In this question, we are asked to calculate the net operating income for a division of a firm.

We proceed as follows;

Turnover=Sales/Average operating assets

Average operating assets=(730,000/2)=$365000

Return on investment=net operating income/Average operating assets

Hence Average operating assets=($365000*5%)

which is equal to

=$18250.

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Millions of West Africans who migrated to Nigeria during the 1970's, when the country's economy expanded, were expelled during t
lorasvet [3.4K]

Answer:

Pull factor becoming a push factor

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N.B: look up Ghana-must-go bags on google.

Cheers.

8 0
4 years ago
Partnership XYZ distributed a piece of land in a nonliquidating distribution to Bob, a 50% partner, during the current taxable y
andrezito [222]

Answer:

a. Partnership XYZ's recognized gain (loss)

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b. Bob's taxable gain (income)

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