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ArbitrLikvidat [17]
3 years ago
12

Stanford enterprises has provided its manufacturing estimated and actual data for the year end. the controller has asked you to

compute the predetermined overhead rate, the schedule of cost of goods manufactured, and the schedule of cost of goods sold. use the information included in the excel simulation and the excel functions described below to complete the task.
Business
1 answer:
Dovator [93]3 years ago
7 0

Answer:

Predetermined Overhead Rate = $11 per labor hour

Explanation:

The predetermined Overhead rate for Stanford Enterprise is calculated by dividing the estimated manufacturing overheads with estimated total direct labor hours.

Actual manufacturing overhead = $302,750

Actual direct labor hours = 27,760 hours

Estimated/ budgeted labor hours = 25,000 hours

budgeted manufacturing overheads = $275,000

Predetermined OH rate = $275,000 / 25,000 = $11 per hour

Actual OH rate = $302,750 / 27,760 hours = $10.91 per hour

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11111nata11111 [884]

Employee theft is the most common type of fraud.

<h3>What is fraud?</h3>

Fraud is a deliberate act of deception intended to give the offender an unauthorized benefit or to deny the victim of a right. Tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud are all examples of fraud. Fraudulent conduct can be committed by a single person, a group of people, or an entire company.

<h3>How does financial fraud work?</h3>

Financial fraud is a crime that involves hacking into accounts and transactions in order to benefit the perpetrator financially. People must be aware of financial fraud because it has become more prevalent as a result of the growing payments sector and widespread usage of credit and debit cards.

<h3>What is phishing?</h3>

The growth of online banking and the overall expansion of the cyber world have made it possible for fraudsters to use online channels to target online bankers. Phishing emails can be sent to online bankers under the guise of being from a bank, allowing them to seek users' login information and passwords without coming off as unusual. All of the financial information of online bankers who fall for this phishing email will be stolen for the scammer's gain.

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7 0
2 years ago
Domain name extensions occur _____ the period in the domain name.
Shalnov [3]

Answer:

after

Explanation:

Domain name extension is a TLD or top level domain.

For google.com the domain name extension is 'com'

This comes after the period.

8 0
4 years ago
Read 2 more answers
Suppose for some year the income of a small company is ​$100 comma 000100,000​; the expenses are ​$75 comma 00075,000​; the depr
boyakko [2]

Answer:

$23,950

Explanation:

Income  ​$100,000​  

Expenses ​$75,000​

Depreciation $22,000​

income tax rate = 35​%

Income  ​$100,000​  

Expenses (​$75,000​)

Depreciation ($22,000​)

EBT          $3,000

Income Tax $3,000 * (35/100) = $1,050

Net Income $1,950

ATCF  

=Earnings Before Tax + Depreciation

=$1,950 + $22,000  = $23,950

8 0
3 years ago
In microeconomics, a demand curve in the coordinate system relates the quantity purchased of a certain good, x, to the price of
Oksi-84 [34.3K]

Answer:

The change in the revenue is $100,000

Explanation:

The quantity when the price is $1.50 is 60,000(1.50)-10,000=80,000. The revenue when the price for the price of $1.50 is 1.50*80,000 = 120,0000.

Now for the new price of $2.00, the quantity is 60,000(2)-10,000=110,000, and the revenue is 2*110,000=220.000.

With the revenues from when the price is $1.50 and $2.00, the change is the diference $220,000-$120,000=$100,000.

When the price increases from $1.50 to $2.00 the revenue increases $100.000

6 0
3 years ago
On December 31, 2015, Peligrino Co. has a long term note payable of $800,000. Of that balance, $100,000 will be paid within one
Studentka2010 [4]

Answer:

$700,000

Explanation:

The portion of the long term note payable that is due within one year must be reported as current portion of long term debt (CPLTD) and must be included under current assets. In this case, the current portion of the long term debt is $100,000, so the portion that must be reported as long term debt is $800,000 - $100,000 = $700,000.

3 0
3 years ago
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