Answer:
80
Explanation:
128/40= 3.2
3.2x 25= 80
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Complete question:
Compton Corporation, with operations throughout the country, will soon allocate corporate overhead to the firm's various responsibility centers. Which of the following is definitely not a cost object in this situation?
A) The maintenance department.
B) Product no. 675.
C) Compton Corporation.
D) The Midwest division.
E) The telemarketing center.
Answer:
Compton Corporation is definitely not a cost object in this situation
Explanation:
A cost object is a concept commonly used in financial reporting to describe the costs. Definitions commonly found in expense items include: product lines, geographical areas, clients, teams or anything else handling the costs.
Any object to which costs are independently calculated is a cost entity. In an organization, an expense item can be, for example a team, workmanship, production line or procedure.
For example, the costs of construction, customer support or revamping of a returned product may be tracked.
At the end of the month, Trighton will record <u>$600</u> in warranty expenses.
Expenses is a term used in economics that can be described as the amount that is incurred in making a commodity or a product. These are the basic inputs that the firm has to acquire to maintain a particular product or products.
Trighton anticipates a return of 2% and will have a warranty cost of $100 per trailer. As Victor sold 300 trailers for a total of $255,000, the total cost that would be incurred will be with respect to the anticipated return of 2% on the warranty cost and the number of the visitors or the seller have sold to the customer. Therefore the amount Trighton will record in warranty expenses is calculated as follows;
= 300 x.02 x $100
= $600
Although a part of your question is missing, you might be referring to this question:
Trighton's Trailer Co. sells all kinds of trailers and provides a one-year warranty on all new trailer sales. Based on history, Trighton anticipates that 2% of trailers will be returned and will have a warranty cost of $100 per trailer. During the month, Victor sold 300 trailers for a total of $255,000. At the end of the month, Trighton will record $____________ in warranty expense.
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Holding all else equal, will increasing the efficiency units of labor lead to sustained growth? Why? Yes, although it will lead to sustained growth only if individuals learn the correct skills as determined by the type of physical capital available.
Answer:
$4,200 over applied
Explanation:
For computing the over applied overhead, first we have to find out the predetermined overhead rate which is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $327,080 ÷ 14,800 hours
= $22.1
Now we have to find the actual overhead which equal to
= Actual direct labor-hours × predetermined overhead rate
= 13,900 hours × $22.1
= $307,190
So, the overhead over applied would be
= Actual manufacturing overhead - applied overhead
= $302,990 - $307,190
= $4,200 over applied