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photoshop1234 [79]
2 years ago
13

Predetermined Factory Overhead Rate Exotic Engine Shop uses a job order cost system to determine the cost of performing engine r

epair work. Estimated costs and expenses for the coming period are as follows: Engine parts $556,200 Shop direct labor 406,000 Shop and repair equipment depreciation 37,900 Shop supervisor salaries 105,300 Shop property taxes 19,100 Shop supplies 14,600 Advertising expense 11,100 Administrative office salaries 47,800 Administrative office depreciation expense 6,100 Total costs and expenses $1,204,100 The average shop direct labor rate is $14.00 per hour. Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent. $fill in the blank 1 per direct labor hour
Business
1 answer:
bazaltina [42]2 years ago
4 0

Answer: $6.10 per direct labor hour

Explanation:

Predetermined shop overhead rate = Estimated Overhead costs / Estimated Direct labor hours

Estimated overhead costs:

= Shop and repair equipment depreciation + Shop supervisor salaries +  Shop property taxes + Shop supplies

= 37,900 + 105,300 + 19,100 + 14,600

= $176,900

Estimated direct labor hours

= Shop direct labor / Average Direct labor rate

= 406,000 / 14

= 29,000 hours

Predetermined shop overhead rate = 176,900 / 29,000

= $6.10 per direct labor hour

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At the beginning of the year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and plac
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Answer: See attachment

Explanation:

a. What is Poplock’s year 1 depreciation expense for each asset?

See attachment. Note that the depreciation for the assets were calculated as the original basis × the rate. e.g for Computer equipment, the Depreciation was, the original basis of $5000 × the rate of 20% which equals $1,000.

b. What is Poplock’s year 2 depreciation expense for each asset?

Check attachment.

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6 0
3 years ago
The percentage change in the quantity demanded of film divided by the percentage change in the price of cameras indicates:
beks73 [17]
The percentage change in the quantity demanded of film divided by the percentage change in the price of cameras indicates:

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7 0
3 years ago
Elliot wants to open a checking account.
Paraphin [41]

Answer:

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5 0
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(01.02 mc) which of these actions was an economic cause of increased tensions between the north and south?
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The correct option is (b) Protective tariffs

Protective tariffs aim to make imported goods more expensive while protecting domestic producers from overseas rivalry.

<h3 /><h3>What is protective tarrifs?</h3>
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Learn more about the Tarrifs with the help of the given link:

brainly.com/question/11672570

#SPJ4

I understand that the question you are looking for is "Which of these actions was an economic cause of increased tensions between the North and South?

(a) Dred Scott decision

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(c) Bleeding Kansas

(d) Lincoln’s election"

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