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jeka57 [31]
3 years ago
12

If estimated annual factory overhead is $480,000; overhead is applied using direct labor hours; estimated annual direct labor ho

urs are 200,000; actual March factory overhead is $41,000; and actual March direct labor hours are 17,000; then overhead is:
Business
1 answer:
VashaNatasha [74]3 years ago
4 0

Answer:

Undeapplied overhead= $200

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= 480,000 / 200,000

Predetermined manufacturing overhead rate= $2.4 per DLH

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

<u></u>

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

Allocated MOH= 2.4*17,000

Allocated MOH= $40,800

<u>Finally, the over/under allocation:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 41,000 - 40,800

Undeapplied overhead= $200

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Answer:

the present value is $467,335.2613

Explanation:

The computation of the value worth today is shown below:

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We simply applied the above formula so that the correct value could come

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8 0
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5 0
1 year ago
The full process to create a product or service is called a ___?
maw [93]

Answer:

D sole proprietorship I think

8 0
3 years ago
Myrtle Beach Pro-Shop receives information that requires the company to increase its expectations of uncollectible accounts rece
Lera25 [3.4K]

Answer:

b. Accounts receivables (gross) is reduced

Explanation:

As we know that

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Ilia_Sergeevich [38]

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The statement is: True.

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