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Georgia [21]
2 years ago
4

Ed was working on a custom-made workbench for a customer. The job, TB0414, was begun in November. At the end of November, the jo

b cost sheet for TB0414 showed direct materials of $215, direct labor of 14 hours at $18 per hour, and overhead of 50% of direct labor cost. During December, Ed’s time ticket showed 15 hours on Job TB0414, 25 hours on Job TB0614, 10 hours of maintenance on the lathe, and 40 hours on a new job, DR1014. What is the total amount of overhead applied to TBO414?
Business
1 answer:
shtirl [24]2 years ago
5 0

Answer:

Allocated MOH= $261

Explanation:

Giving the following information:

Predetermined overhead rate= 50% of direct labor cost

<u>To allocate overhead to Job TB0414, we need to use the following formula:</u>

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

<u>First, we need to determine the total labor cost:</u>

<u></u>

TB0414:

Direct labor hours= 14 + 15 = 29

Total direct labor cost= 29*18= $522

<u>Now, the allocated overhead:</u>

Allocated MOH= 522*0.5

Allocated MOH= $261

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Answer: Quick service

Explanation:

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The Quick service is one of the disadvantage method using in the management as it contain the fast serving of the food and lack of the various types of variety in the food menu.

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2 years ago
Suppose two​ countries, Country A and Country​ B, have a similar real GDP per capita. Country A has an average economic growth r
ozzi

Answer:

D

Explanation:

Many studies have found a positive correlation between economic growth and living standards. This means that empirical works have found that countries with higher economic growth, often have better living standards than the countries with less economic growth. In this case if real GDP per capita of both countries is similar, then they are comparable.

We can deduce that the country B will experience an increase in living standards much more rapidly in the long run because economic growth leads to an increase in profits for firms, there would be a better capital and labor return. This means that firms will pay more for capital and labor, if households are de owners of capital and labor, their rents and wages will increase. The disposable income will increase for households and they will consume more goods and services, then their living standards will increase.

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2 years ago
Suppose that $ 5 000 is invested at 3.9 % annual interest​ rate, compounded monthly. How much money will be in the account in​ (
BlackZzzverrR [31]

Answer:

(A) $5,131.5

(B) $12,729.5

Explanation:

The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.

As per given data

Invested amount = $5,000

Interest rate = 3.9%

Interest is compounded monthly

Monthly rate = 3.9% / 12 = 0.325%

Formula for the accumulated amount of investment

A = P ( 1 + r )^n

Accumulated Money when $5,000 is

(A) Invested for 8 months

A =  $5,000 ( 1 + 0.325% ) ^8

A = $5,131.5

(b) Invested for 24 years or 288 months (24 x 12)

A =  $5,000 ( 1 + 0.325% ) ^288

A = $12,729.5

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3 years ago
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Which ratio measures the number of dollars of operating cash available to meet each dollar of interest and other fixed charges t
dybincka [34]

Answer:

Fixed-charge coverage ratio

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