Answer:
overhead rate will be equal to $62 per machine hour
So option (B) will be correct option
Explanation:
We have given total overhead for the current year will be $15500000 with total 250000 machine hours.
And actual overhead is $16000000 and actual machine hour is 330000 hours
We have to find the overhead rate based on machine hour
Overhead rate is the ratio of estimated overhead to estimated total machine hours
So overhead rate 
$ per machine hour
So overhead rate will be equal to $62 per machine hour
So option (B) will be correct option
Bad new it will show what happened too you because your insurance wants to know what happened too you. your in trouble man.he will find out pretty soon
Answer: Option B
Explanation:A walk through can be defined as a session done by managers or other such concerned individuals of authority in the organisation. This is done with the objective to verify if there are any requirements that need to be fulfilled.
This process helps the organisation to solve the problem before it gets out of control.
Thus, from the above we can conclude that the correct option is B.
Answer: The total expected cash receipts during March is $232000.
Explanation:
Given that,
Budgeted sales in January = $210000
Budgeted sales in February = $260000
Budgeted sales in March = $220000
40% of sales are for cash and rest 60% are on credit
Total cash receipts during march = cash sales in the month of march + Credit sales in the month of February + Credit sales in the month of march
= 40% of 220000 + 260000 × 60% × 50% + 220000 × 60% × 50%
= 88000+78000+66000
= $232000
Therefore, the total expected cash receipts during March is $232000.
Answer:
Objective function:
Maximize Z: 30P1 + 25P2 + 28P3
Subject to: 2.00P1 + 1.50P2 + 3.00P3 ≤ 450 (Department A constraint)
2.50P1 + 2.00P2 + P3 ≤ 350 (Department B constraint)
0.25P1 + 0.25P2 + 0.25P3 ≤ 50 (Department C constraint)
P1, P2, P3 ≥ 0 (Non-negativity)
Explanation:
The objective function is formulated from the contribution margin of the three products. For instance, the contribution of Product 1 is $30, the contribution of Product 2 is $25 and the contribution of Product 3 is $28. Thus, the objective function will be 30P1 + 25P2 + 28P3.
The constraints were obtained from the departmental labour hours requirements for each product. For instance, Product 1 requires 2 hours in department A, Product 2 requires 1.50 hours in department A and Product 3 requires 3 hours in Department A. Thus, the constraint will be 2.00P1 + 1.50P2 + 3.00P3.
