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Over [174]
3 years ago
11

Thomlin Company forecasts that total overhead for the current year will be $11,742,000 with 164,000 total machine hours. Year to

date, the actual overhead is $7,547,000 and the actual machine hours are 83,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a.$46 per machine hour b.$141 per machine hour c.$91 per machine hour d.$72 per machine hour
Business
1 answer:
Basile [38]3 years ago
3 0

Answer:

d.$72 per machine hour

Explanation:

Predetermined overhead rate = Budgeted Overheads ÷ Budgeted Activity

therefore,

Predetermined overhead rate = $11,742,000  ÷ 164,000

                                                  = $71.598 or $72

The predetermined overhead rate based on machine hours is $72 per machine hour.

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The face value of a bond is the ____.
defon

Answer:

c

Explanation:

3 0
3 years ago
The new fund had average daily assets of $3.8 billion in the past year. The fund sold $416 million and purchased $516 million wo
makvit [3.9K]

The excess of purchases over sales is most likely due to new inflows into the fund.

Therefore only $416 million of stock held by the fund was replaced by new holdings.

Turnover Ratio =  Total sales/ total assets = $416/$3,800 = 10.95% (Rounded to 2 decimals)

Turnover Ratio = 10.95%


4 0
4 years ago
Some operational risks in a supply chain are beyond the control of the purchaser or supplier, and some are within their control.
Yanka [14]

Answer:

Letter a. is correct. <u>TRUE.</u>

Explanation:

This statement is correct because a supply chain is part of the macroenvironment, and operational risk can be defined as different results than expected due to internal or external events.

The current economic scenario appears to be unstable, as political, economic, technological, social and other changes are occurring all the time, which can represent significant external risks in a supply chain, where there is no control by the buyer or supplier.

Some examples of uncontrollable operational risks are:

  • Fraud and misconduct;
  • Systemic failure;
  • Safety;
  • Human error.

For this reason, the importance of risk management, which includes planning, identification, qualitative and quantitative analysis, response planning and monitoring and control processes, which together will provide subsidies for less vulnerability in the supply chain and less risk.

8 0
4 years ago
Under the allowance method for estimating uncollectible​ accounts: A. a company sets up an Allowance for Uncollectible Accounts
mr_godi [17]

Answer:

D. all of the above.

Explanation:

Allowance for doubtful accounts or Uncollectible accounts: It is that account in which the estimation amount would be recorded which can be received or not depending upon the circumstances.  

It generally has a credit balance. Moreover, it also has a contra account as it deducted from the accounts receivable ending balance which is shown under the asset side of the balance sheet.  

Thus, all the given statements are true.

4 0
4 years ago
Answer the following question on the basis of the information about the hypothetical economy of Nanawaiya. All figures are in th
boyakko [2]

Answer:

102 million

Explanation:

Labor force is define as the sum of employed and unemployed in an economy.

Labor force = Employed+ Unemployed

Labor force = 95 million + 7 million

Labor force = 102 million

3 0
3 years ago
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