Calculate marginal cost

A company incurs $2,700,000 of overhead each year in three departments: Ordering and Receiving, Mixing,?

Digiron [165]

Answer:

Total allocated overhead= $1,840,000

Explanation:

Giving the following information:

Department Expected use of Driver Cost

Ordering and Receiving 2,000 $800,000

Mixing 50,000 1,000,000

Testing 1,500 900,000

Production information for Slime is as follows:

Expected use of Driver

Ordering and Receiving 1,600

Mixing 30,000

Testing 1,000

First, we need to calculate the predetermined overhead rate for each activity:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Ordering and Receiving= 800,000/2,000= $400 per order

Mixing= 1,000,000/50,000= $20 per mixing hour

Testing= 900,000/1,500 = $600 per test

Now, we can allocate overhead:

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

Ordering and Receiving= 400*1,600= 640,000

Mixing=20*30,000= 600,000

Testing= 600*1,000= 600,000

Total allocated overhead= $1,840,000

6 0

3 years ago

During the year, Rajeev makes the following transfers. $6,625 to his mayor's reelection campaign. $24,500 to his aunt, Ava, to r

SSSSS [86.1K]

Answer:

its rajeevs problem not mine or ur

3 0

3 years ago

FOOT CREAM MINI CASE: Athlete's Aid is a foot cream designed to prevent athlete's foot with once- daily application after shower

alex41 [277]

Answer:

The correct answer is: negative message framing.

Explanation:

Negative message framing refers to the type of advertisement in which it is exposed benefits of a product in a very aggressive manner, showing proof of what the beneficial results of that product are or what the consequences of not having that product could lead to. As part of the marketing strategy, the advertisement is repeatedly prompted during events related to the use of the product.

3 0

4 years ago

The following transactions occurred during 2014. Assume that depreciation of 10% per year is charged on all machinery and 5% per

serg [7]

Answer:

Here are your general entries:)

Profit and loss account $19,800

Accumulated depreciation $112,200

To Building $132,000

( Building torn down recorded)

Building torn down expense $5,100

To cash $5,100

(paid to contractor)

Cash $2,100

Accumulated depreciation $11,200

Profit and loss account $1,900

To machinery $16,000

(disposal of machine recorded)

Freight expense $300

To cash $300

(freight paid recorded)

Repairs of machinery $2,000

To cash $2,000

(New gear brake added to machinery)

Profit and loss account $1,400

Accumulated depreciation $2,100

To old base $3,500

(old base expensed out)

Machinery account $5,500

To cash $5,500

(New base constructed)

Depreciation of base $550

To accumulated depreciation $550

Paint of building expense $6,900

To cash $6,900

Explanation:

Addition of gear brake not added to cost of machinery because it does not extend the useful life of machine.

4 0

3 years ago

Question 222 pts Underground activities are not counted in GDP because Group of answer choices some underground activities are i

bearhunter [10]

Answer:

There are no written records of underground activities.

Explanation:

There are different acts and jobs that make up for underground economy. It is primarily referred to as money earned from illicit activities like prostitution and the sale of illegal drugs. But it also broadly refers to any unreported income, such as undeclared tips or gambling winnings, or under-the-table payments made to laborers like house painters and construction workers, whose wages may go unreported to tax authorities. Unreported income paid to illegal aliens or migrant workers also contributes to the underground economy.

The underground economy also causes billions of dollars in lost taxes.

The Underground Economy and GDP

Due to its cloaked nature, it's difficult to gauge the true extent of the money that changes hands through the underground economy (sometimes referred to as the shadow economy).

5 0

4 years ago