If you case a car accident, which type of insurance will require you to pay the least out of pocket?

The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.

katen-ka-za [31]

Answer:

Allocated MOH per unit= $45.94

Explanation:

Giving the following information:

Product Number of Units Labor Hours Per Unit

Blinks 1,178 2

Dinks 2,060 3

Estimated overhead costs for the period= 108,300 + 87,800= $196,100

Total direct labor hours= (1,178*2) + (2,060*3)= 8,536

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 196,100 / 8,536

Predetermined manufacturing overhead rate= $22.97 per direct labor hour

Now, we allocate overhead to Blinks:

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

Allocated MOH= 22.97*2= $45.94

5 0

3 years ago

As a manager, two of Sylvia's strengths are her ability to communicate goals clearly, and her ability to guide, coach, and motiv

lesya692 [45]

Answer:

D, Leading

Explanation:

If Sylvia excels in communicating goals, guiding, coaching, and motivating, I would say that she would be best at D, leading. Leading is a synonym for guiding.

3 0

2 years ago

The break-even tax rate between a taxable corporate bond yielding 7 percent and a comparable nontaxable municipal bond yielding

finlep [7]

Answer:D. 0.05 x (l-t*) = 0.07

Explanation: The break even tax rate is the tax rate at which industry players don't find it advantageous or disavantageous to invest in an economy, any tax rate higher than the break even tax rate will cause investors to loss certain amount of profits.

A tax rate below the break even tax rate will cause investors to want to make investment decisions as it will be beneficial and profitable to invest more money into the economy.

Calculation:

7/100=5/100(I-t*),the break even tax rate can be expressed as

=0.07=0.05*(I-t).

7 0

3 years ago

Indigo Company invests $11,700,000 in 4% fixed rate corporate bonds on January 1, 2020. All the bonds are classified as availabl

IceJOKER [234]

Answer:

a. Indigo do not elect fair value option

Journal entries

Date Description DR CR

2020

Jan 1 Bonds-available for sale asset $11,700,000

Cash book 11,700,000

Being the amount paid on acquisition

Dec 31

Interest receivable (4%*11,700,000) 468,000

Income statement 468,000

Being the interest due on the bond at the year end

b. Indigo elect the fair value option

Date Description DR CR

2020

Jan 1 Bond-available for sale asset 11,700,000

cash book 11,700,000

Being the amount paid on acquisition

Dec 31 Interest receivable 468,000

Income statement 468,000

Being the interest due on the bond at the year end

Dec 31 Bond 687,000

Revaluation surplus 687,000

Being the excess of fair value over the book value

Explanation:

3 0

3 years ago

1)Which describes a benefit from government regulation of a natural monopoly?

Licemer1 [7]

B. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

3 0

3 years ago

Read 2 more answers