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Anarel [89]
3 years ago
10

Bernson Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $49

2,000 and 30,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $517,000 and 28,300 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
saul85 [17]3 years ago
6 0

Answer: $‭464,120‬

Explanation:

Find the predetermined overhead rate:

= Estimated fixed manufacturing overhead / estimated machine hours

= 492,000/30,000

= $16.40

The actual machine hours for the period was 28,300 hours.

Manufacturing overhead applied would be:

= Predetermined rate * actual machine hours

= 16.4 * 28,300

= $‭464,120‬

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In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory of $24,000 and endin
Ipatiy [6.2K]

Answer:

b. $307,000

Explanation:

Costs to be accounted in cost reconciliation report = Opening balance of work in process + Cost of production added during the month

= $24,000 + $283,000

= $307,000

Cost reconciliation report shows what costs need to be accounted for in a month and the manner in which they are actually accounted for.

It is a step in preparation of production report which shows how beginning work in process inventory and the costs which are added to production during the period are recorded.

Hence in cost reconciliation report pertaining to the month of Aug, opening work in process and costs added to production during the month are recorded.

3 0
4 years ago
The maximum amount of time for which benefits will be paid to the injured or ill person for a disability is called the _____ per
VladimirAG [237]
The answer you are looking for is going to the benefit period. hope that helped
5 0
4 years ago
A __________ establishes a foreign subsidiary by building an entirely new operation in a foreign country.
professor190 [17]
The answer is greenfield venture.

The complete sentence is A greenfield venture establishes a foreign subsidiary by building an entirely new operation on a foerign country.


The term alludes to the fact that the parent company will start the operations from the ground and not by acquiring other companies that are already operating in the foreign country.

7 0
3 years ago
Which of the following is the term used to describe the excess of cash flows from operations over the amount of cash outflows us
horsena [70]

Answer:

C) Free cash flow

Explanation:

A free cash flow (FCF) is how much cash a company has left after paying all the expenses related to its operations and capital expenditures excluding depreciation.

FCFs are used to determine a company's value and to determine how profitable or not a new or existing project might be. The discounted FCF method is the most commonly used method to value a company.

6 0
3 years ago
Holding capital​ constant, when labor increases from 9 to 10​ units, output increases from 191 to 209 units. The marginal produc
Sophie [7]

Answer:

marginal product of n th worker =total output of n workers - total output of n-1 workers

MP(n)=TP(n)-TP(n-1)

MP(10)=209- 191

= 18

======

AP=TP/L

AP(10)=209/10=20.9 units

Explanation:

6 0
3 years ago
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