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miv72 [106K]
3 years ago
13

Carradine Corporation uses a job-order costing system with a single plantwide predetermined

Business
1 answer:
lyudmila [28]3 years ago
5 0

Answer:

Answer:

Amount of overhead applied is  $270

correct option is  (a) $270

Explanation:

given data

overhead cost = $105,000

overheat rate = $3 per machine hour

manufacturing overhead = 70000 machine hour

required = 60 machine hours

to find out

The amount of overhead applied to Job P 233 is closest to

solution

we find manufacturing overhead rate here that is

manufacturing overhead rate =  

put here value

manufacturing overhead rate =  

manufacturing overhead rate = 1.5 per machine hour  

and

Total manufacturing overhead rate will be for overheat rate $3

Total manufacturing overhead rate = (3 + 1.5) = $4.5 per machine hour

so we can say that Amount of overhead is job P 233 is

Amount of overhead applied = 60 × $4.5 = 270

so here correct option is  (a) $270

Explanation:

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Donna is a very smart accountant. She is friendly and outgoing but sometimes she gets distracted and does not turn in her work o
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X Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Truck 1 costs $31,
Lady_Fox [76]

Answer:

C: 4

Explanation:

The computation of the payback period is shown below:

Incremental investment in truck 2 is

= $44,000 - $31,000

= $13,000

Now

Year        Cash saving in cost    Cumulative

1                   -$1,000                    -$1,000

2                  $4,000                      $3,000

3                  $5,000                      $8,000

4                 $5,000                       $13,000

5                  $3,000                      $16,000

6                 $3,000                       $19,000

7                 $2,000                        $21,000

7 0
3 years ago
Dietterich Electronics wants its shareholders to earn a return of 15​% on their investment in the company. At what price would t
sattari [20]

Answer:

A.) $1.667

B.) $6.667

C.) $11.667

D.) $16.667

Explanation:

GIVEN ;

Rate of return(r) = 15% = 0.15

Calculate what the stock price should be today if:

A.) ​$0.25 constant annual dividend​ forever

Dividend = payment per period

Therefore,

Price = (payment per period ÷ rate)

Price = ($0.25 ÷ 0.15) = $1.667

B.)$1.00 constant annual dividend​ forever

Price = (payment per period ÷rate)

Price = ($1.00 ÷ 0.15) = $6.667

C.)$1.75 constant annual dividend​ forever

Price = (payment per period ÷rate)

Price =($1.75 ÷ 0.15) = $11.667

D.)$2.50 constant annual dividend​ forever

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Price = ($2.50 ÷ 0.15) = $16.67

6 0
3 years ago
Read 2 more answers
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