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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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What is a major advantage of globalization?
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Explanation:

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How might the inability to provide fringe benefits affect a sole proprietors ability to run a business
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Goods with many close substitutes tend to have a. more elastic demands. b. less elastic demands. c. price elasticities of demand
kotykmax [81]

Answer:

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Explanation:

There are some goods whose demand is very price sensitive, small variations in their price cause large variations in the quantity demanded. It is said of them that they have elastic demand. The goods that, on the contrary, are not sensitive to price are those of inelastic or rigid demand. In these large variations in prices can occur without consumers varying the quantities they demand. The intermediate case is called unit elasticity.

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