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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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Conduct research and create a 5 paragraph essay that explains how consumers can protect themselves from fraudulent and deceptive
snow_lady [41]

Answer: Reading the fine print: the producer would always make available fine print on their products which distinguishes them from other's, the consumer is expected to take note of that.

Explanation:

Fraudulent practise are being on the increase in business now, as many want to imitate firms and make gains out of their products. The following are what consumers can look out for to help them against this fraudulent practise.

1) Do not call list; the producer would make available how they can be reached and would want the consumer to reach them by such ways.

2) Reading the fine print: the producer would always make available fine print on their products which distinguishes them from other's, the consumer is expected to take note of that.

3) Terms and conditions: although this can be imitated but the producer has a unique way they would do theirs which the consumer should be aware of.

4) Personal information disclosures: when considering services, there will be need for releasing personal information, the customer should verify who they release information to.

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3 years ago
Using information about customers to create marketing strategies that develop and sustain desirable long-term customer relations
stiv31 [10]
Relationship markting

5 0
3 years ago
Which of the following statements is true with regard to the departmental overhead rate method? a. It is logical to use this met
baherus [9]

Answer:

b. It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments.

Explanation:

The departmental overhead rate method -

It refers to the expense rate charged for the specific department of the factory for the goods and services produced , is referred to as the departmental overhead rate method.

It is a type of some standard charge imposed for the particular activity produced, for each and every step of the production of the goods and service, until the final product is produced, at various level a specific rate is applied, i.e. , the departmental overhead rate method.

Hence, from the given information of the question,

The correct answer is b.

6 0
3 years ago
Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from cus
LiRa [457]

Answer:

Explanation:

How to add a great answer

Add your answer

Question

Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from customers, $325,000; Cash paid for rent, $37,000; Cash paid to employees for services rendered during the year, $117,000; Cash paid for utilities, $47,000. In addition, you determine that customers owed the company $57,000 at the end of the year and no bad debts were anticipated. Also, the company owed the gas and electric company $1,700 at year-end, and the rent payment was for a two-year period. Calculate accrual net income for the year.

4 0
3 years ago
suppose that the marginal benefit per dollar spent on bicycles exceeds the marginal benefit per dollar spent on skateboards. the
torisob [31]

More bicycles and fewer skateboards.

For example, consumers are willing to pay $5 for ice cream, so the marginal utility of eating ice cream is $5. However, consumers may be significantly less willing to buy additional ice cream at that price and will be tempted to buy another ice cream just by spending $2.

Limit Utility is the maximum amount a consumer will pay for an additional good or service. In general, marginal utility decreases as consumption increases. The marginal cost of production is the change in the cost of producing additional units of goods or services.

In general, marginal utility decreases as consumption increases. When consumers are willing to pay more for goods and services than the market price, this is known as consumer surplus. The marginal utility of some commodities such as B. Medications does not decrease over time.

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4 0
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