1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleksandr-060686 [28]
3 years ago
5

g Westvaco Inc. manufactures two different sizes of monitors: small and large. Currently, its total manufacturing overhead cost

of $80,000 is allocated on the basis of direct labor dollars. Small monitors Large monitors Direct labor hours 6,000 10,000 An ABC analysis shows that its total manufacturing overhead cost is a mixture of batch-level and product line costs. The following information has been assembled regarding overhead. Activity Total overhead Activity measure Small monitors Large monitors Batch-level overhead $50,000 batches 12 batches 38 batches Product line overhead $30,000 Product lines 10 lines 30 lines 1. Determine the total manufacturing overhead for small monitors, using the current cost system. Ans: $________________ total manufacturing overhead for the small monitors
Business
1 answer:
umka2103 [35]3 years ago
5 0

Answer:

Allocated overhead= $30,000

Explanation:

<h3>First, we need to calculate the plantwide predetermined overhead rate:</h3>

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

Predetermined manufacturing overhead rate= 80,000/16,000

Predetermined manufacturing overhead rate= $5 per <u>direct labor hour</u>

<u>Now, we can allocate overhead to Small Monitors:</u>

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

Small Monitors:

Allocated overhead= 5*6,000= $30,000

You might be interested in
Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,350, $1,550, $1,550, a
igor_vitrenko [27]

Answer:

The present value of cash flows is $ 5,292.13  

Explanation:

The present value is today's equivalence of the company's future cash flow discounted using the 7% interest rate as a discount rate.

Formula for pv of a cash flow=cash flow/(1+r)^n

r is the 7% interest rate

n is the relevant year each cash flow relates to

PV=$1,350/(1+7%)^1+$1550/(1+7%)^2+$1550/(1+7%)^3+$1850/(1+7%)^4=

$ 5,292.13  

6 0
3 years ago
Assuming a speed limit is 105 km/hr, what is this in miles per hour? A. 55.247 mph B. 50.247 mph C. 60.247 mph D. 65.247 mph
Scilla [17]
In the question we are given 105 km/hr
One mile = 1.60934 km
105/1.60934 = 65.244.
Thus, 105 kilometer = 65.24 mile.
The correct option is D.
3 0
3 years ago
Which two investment options would be best if you are 20 year old, just starting to save, and want to retire when you are 70? Co
Murljashka [212]

Answer:

Diverisify

Explanation:

The best option would be to diverisify between various things. Part into a promising crypto such as Ethereum or Bitcoin. Part into some basic index funds such as the SPY (S&P500), some bigger tech companies such as Apple and finally a more risky investment into a stock or crypto which is only in the beginning of its age. If you would like protection against a crisis or similar you could buy some Put options for your stocks.    

3 0
2 years ago
Which is not a determinant of demand?
barxatty [35]

B is the correct answer

Hope this helps

6 0
3 years ago
Read 2 more answers
Suppose the demand function (D) for golf clubs is: Q = 240-1.00P, where P is the price paid by consumers in dollars per club and
bogdanovich [222]

Solution :

According to the theory of demand and supply, the equilibrium price and the quantity is established where both the demand and supply curves intersect.

From the graph, we can see that the point of equilibrium is at the intersection of D and S.

At this point, mathematically, D = S. In order to determine the price and quantity which exists at this point, we need to equate the demand as well as supply functions to calculate the equilibrium values.

∵ D is equal to S, we have

$240-1.00P=1.00P$

240=2P

120=P

Now substituting this value of the equilibrium price in to any of the functions, we get the equilibrium quantity at this price.

$Q=240-1.00P$

$Q=240-1.00(120)$

$Q=240-120$

$Q=120$

This is the equilibrium quantity. At this point, equilibrium price as well as the quantity is the same. Let the price of the golf club increases from $120 to $140. So substituting the value to the function above to determine the new quantity.

$Q = 240-1.00(140)$

   = 100

Therefore, when the demanded quantity decreases from 120 thousand clubs to 100 thousand clubs. This increases the price and decreases the quantity as the supply curve moved to the left. The demand remains constant.

4 0
2 years ago
Other questions:
  • At the end of the year, assume the balance of Inventory is $109,225 and physical inventory on hand is $106,320. The adjusting jo
    5·1 answer
  • A company’s weighted average cost of capital is 10.8% per year and the market intrinsic value of its debt is $33.1 million. The
    8·1 answer
  • Sales revenues are usually considered earned when an order is received. cash is received from credit sales. adjusting entries ar
    12·1 answer
  • What best determines whether a borrower's investment on an adjustable rate loan goes up or down?
    7·1 answer
  • Marsh uses a perpetual inventory system. On December 29, Marsh, Inc. sold inventory for $5,500 on account with terms 2/10 n/30.
    11·1 answer
  • Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years, because
    6·1 answer
  • Selected sales and operating data for three divisions of different structural engineering firms aregiven as follows: Division A
    15·1 answer
  • Osage Corporation issued 2,000 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit acco
    5·1 answer
  • Claudia, a legal assistant, has been vested by her employer after having worked with the employer for ten years. This implies th
    8·1 answer
  • Question 18 of 20
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!