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
densk [106]
3 years ago
13

Privack Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours

allowed for the actual output of the period. Data concerning the most recent year appear below:
Budgeted variable overhead cost per direct labor-hour $2
Total budgeted fixed overhead cost per year $250,000
Budgeted direct labor-hours (denominator level of activity) 40,000
Actual direct labor-hours 39,000
Standard direct labor-hours allowed for the actual output 38,000

Required:
a. Compute the predetermined overhead rate for the year.
b. Determine the amount of overhead that would be applied to the output of the period.
Business
1 answer:
MAXImum [283]3 years ago
3 0

Answer:

See below

Explanation:

A. Predetermined overhead

First, we all calculate total overhead cost at the denominator level

Total overhead cost = total fixed overhead + total variable overhead

= $250,000 + (40,000 × $2)

= $250,000 + $80,000

= $330,000

Predetermined overhead rate = Total overhead cost at the denominator level / Budgeted standard direct labor hour

= $330,000 / 40,000

= $8.25

B. Overhead applied

= Standard direct labor hour allowed for actual output × Predetermined overhead rate

= 38,000 × $8.25

= $313,500

You might be interested in
An investment offers a total return of 13.8 percent over the coming year. You believe the total real return will be only 9.4 per
Ahat [919]

Answer:

you would believe that the exact inflation rate will be 4.02% for the next year.

Explanation:

exact inflation rate = (1 + nominal return)/(1 + real return) -1

                                = 1.138/1.094 -1

                                = 4.02%

Therefore, you would believe that the exact inflation rate will be 4.02% for the next year.

5 0
3 years ago
To help understand why attendance at the team's games was so poor, the Atlanta Falcons used marketing research to gather factual
klio [65]

Answer: (D) Descriptive role

Explanation:

The descriptive is one of the role of the marketing research and its main function is that it helps in gathering all the facts or factual statement for explaining the current situation of the marketing program.

The descriptive marketing research is one of the method that basically describe various types of characteristics of the group such as education, income and the age of the members of group in an organization.

Therefore, Option (D) is correct.

7 0
3 years ago
On January 1, 2019, Providence, Inc., issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal
Anna35 [415]

Answer:

                                   Dr.                Cr.

January 1, 2019

Cash                     $1,000,000

Note Payable                             $1,000,000

Explanation:

Bond issued for $1,000,000 and cash received against it. So, cash id debited and a liability is created in this event. Interest accrued will be charged as interest expense at the end of period.

6 0
3 years ago
Decide which account is best for each person. Becky wants an account that will let her spend her money as much and as often as s
Kobotan [32]

Becky wants an account that will let her spend her money as much and as often as she needs. <u>Checking Account</u>

A checking account allows a person to make as many withdrawals as may be necessary. They may or may not earn some interest on the balance.

Sanjay wants an account that will earn interest but still let him make withdrawals. <u>Interest (Dividend) Checking Accounts.</u>

Interest (Dividend) Checking Accounts offer combined features of a checking account and a savings account. The interest rate on the balance is higher than a regular checking accounts, but an individual can withdraw money without any penalties. This account requires that an individual maintain a higher minimum balance.

Neveah has some money she wants to save until she goes to college in two years. She wants an account that will earn a little more interest. <u>Savings Accounts.</u>

Savings Accounts are interest bearing accounts and designed to encourage savings. Hence, withdrawals from such accounts may not be possible until a certain pre-agreed withdrawal date. Withdrawals before the pre-agreed date attract a large amount of penalty. Such accounts are usually used to build wealth.

8 0
4 years ago
Read 2 more answers
PAKSA : ANG PAGHAHANAP BUHAY NG MGA INA SA TAHANAN ANG SINASABING DAHILAN SA PAGKALIGAW NG LANDAS NG MARAMING ANAK O KABATAAN. S
Fed [463]
That looks uhhh cool ig.
8 0
3 years ago
Other questions:
  • Create an outline of your paragraph about your participation in the economy this week. describe how you were a consumer or produ
    10·2 answers
  • Janice would like to send her parents on a cruise for their 25th wedding anniversary. She has priced the cruise at $15,000 and s
    5·1 answer
  • If you've been a victim of identity theft, what should you do after contacting the company that reported the suspicious charge a
    6·1 answer
  • Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $195,000 of raw materials on credit
    15·1 answer
  • Why is silk smooth ? A long thin fibers B genetic engineering C being harvested in the wild D being made by worms
    9·2 answers
  • Consider the elements of cost in Geordie Ltd, namely, the cost of a product, the cost of direct labour and the cost of non-labou
    12·1 answer
  • What are examples of postsecondary education? Check all that apply.
    15·2 answers
  • The expen Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even t
    9·1 answer
  • The growth of industrial manufacturing affected skilled tradesmen by:.
    14·1 answer
  • Naples corporation has an unfunded pension liability of $327 million that must be paid in 16 years. what is the present value of
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!