1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spayn [35]
3 years ago
10

MC Qu. 157 West Company estimates that overhead costs... West Company estimates that overhead costs for the next year will be $3

,600,000 for indirect labor and $880,000 for factory utilities. The company uses machine hours as its overhead allocation base. Of 125,000 machine hours are planned for this next year, what is the company's plantwide overhead rate
Business
1 answer:
Slav-nsk [51]3 years ago
4 0

Answer:

$35,84 per machine hour

Explanation:

Plantwide overhead rate = Budgeted overheads ÷ Budgeted Activity

where,

Budgeted overheads = $3,600,000 + $880,000 = $4,480,000

Budgeted Activity = 125,000 machine hours

therefore,

Plantwide overhead rate = $4,480,000 ÷ 125,000

                                         = $35,84 per machine hour

You might be interested in
You record the credit entry for transaction (A) 5/1 in the journal as Date Description Debit Credit
-BARSIC- [3]
I think the answer is B. hope i helped
3 0
4 years ago
Read 2 more answers
If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency
yan [13]

Answer:

the banks will eventually make new loans totaling 9,000 and the money supply will increase by 10,000

Explanation:

The money multiplier is 1/0.10= 10. If 1,000 new dollars of currency are deposited in the banks, they must hold $100 as required reserves and can lend out $900. Through the money multiplier, loans will increase by $900*10= $9000. The expansion of the money supply is the original deposit + the increase in loans or $1,000+ $9,000= $10,000

5 0
3 years ago
A product has annual demand of 100,000 units. The plant manager wants production to follow a four-hour cycle. Based on the follo
vova2212 [387]

Answer: The options are given below:

A. $18.00

B. $1,036.80

C. $2.00

D. $7.20

E. $64.00

The correct option is D. $7.20

Explanation:

From the question above, we were given:

Annual demand = 100,000 units

Production = 4 hour cycle

d = 400 per day (250 days per year)

p = 4000 units per day

H = $40 per unit per year

Q = 200

We will be using the EPQ or Q formula to calculate the cost setup, thus:

Q = √(2Ds/H) . √(p/(p-d)

200=√(2x400x250s/40 . √(4000/(4000-400)

200=√5,000s . √1.11

By squaring both sides, we have:

40,000=5,550s

s=40,000/5,550

s=7.20

4 0
4 years ago
What is the taxable amount of social security income reported on the tax return if a single taxpayer's income included only $9,4
maw [93]

Answer:

$0

Explanation:

If an individual's total income (including Social security benefits + all other types of income) is less than $25,000, or $32,000 for married couples, then he/she will not have to pay any taxes on their Social Security benefits. Only if total income is higher than the current thresholds, should Social Security benefits be taxed. Depending of the individual's total income, between 50-85% of Social Security benefits must be taxed at the individual's tax bracket.

6 0
3 years ago
A monopoly is considering selling several units of a homogeneous product as a single package. a typical consumer's demand for th
just olya [345]

Answer:

A. 15 units

B. $130

Explanation:

In order to solve this, we need to use the profit maximization condition for monopoly.

MR = MC will give us the optimal quantity and price for the monopolist.

The consumer's demand for the product is:

Qd = 80 - 0.5P

Therefore, we have:

P = (80 / 0.5) - (Qd / 0.5)

P = 160 - 2Qd

Recall that, Total Revenue:

TR = P * Q

So, in this case TR = 160Q - 2Q^2

MR = d(TR) / dQ = 160 - 4Q

Now, MR = MC

160 - 4Q = 100

4Q = 160 - 100

4Q = 60

Q = 60 / 4

Q = 15 units.

Now, P =160 - 2Q

P = 160 - 2(15)

P = 160 - 30 = 130

The optimal number of units to be placed in a package will therefore be 15 units while the firm should charge $130 for this package.

7 0
3 years ago
Other questions:
  • Moroni Industries has the following inventory information. July1Beginning Inventory40 units at $120 5Purchases240 units at $112
    12·1 answer
  • Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price
    15·1 answer
  • Which of the following goals does the government pursue in a socialist economic system
    5·1 answer
  • The difficulty of converting savings and investments to cash is referred to as ____________ risk.
    8·1 answer
  • The balance sheet of Indian River Electronics Corporation as of December 31, 2020, included 12.25% bonds having a face amount of
    14·1 answer
  • Some companies want to get their products into as many outlets as possible. These companies understand that the more exposure th
    9·1 answer
  • Robert only consumes X and Y, and his indifference curves have the usual convex shape. Consider the consumption bundles (3, 9),
    14·1 answer
  • the pure expectations theory holds, which of the following statements is CORRECT? a. The maturity risk premium would be zero. b.
    8·1 answer
  • Shelby traveled to Mexico to a resort and took $100 in U.S. currency. When she exchanged it for pesos, she received A) 10.3 peso
    6·1 answer
  • How can manage my budget?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!