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
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.

You might be interested in
A registered investment adviser and its representatives have been registered in a State for the past 5 years. The current regist
n200080 [17]
D neither the investsmeant advice nor the investment adviser representatives are required to reregister
in the state
8 0
3 years ago
Assume that your firm consists of Division 1 (40 percent of the firm) and Division 2 (60 percent of the firm). The capital struc
tresset_1 [31]

Answer:

Division 1's WACC - Division 2's WACC = 11.752% - 14.6656% = - 1.9136% or Division 1 has the lower cost of capital of 1.9136% in absolute term comparing to Division 2.

Explanation:

Before starting, we need to convert unlevered beta into levered beta:

Levered beta of Division 1: 1.2 x ( 1 + (1-40%) x 0.25) = 1.38

Leverage beta of Division 2: 1.46 x ( 1+ (1-40%) x 0.25) = 1.679

Then, we start step by step as below:

First, using the CAPM model: Cost of equity = risk-free rate of return +  beta *(Market Rate of Return – Risk-free Rate of Return) , we find the cost of equity for Division 1 and Division 2.

  - Division 1's cost of Equity = 4% + 1.38 x( 12% -4%) = 15.04%

  - Division 2's cost of equity = 4% + 1.46 x (12% - 4%) = 17.432%

Second, determine the post-tax cost of debt applied for both Division: 6% x (1-tax rate) = 6% x (1 -40%) = 3.60%

Third, calculate the WACC for each Division:

  - Division 1's WACC = % of debt in capital structure x cost of debt + % of equity in capital structure x cost of equity = 20% x 3.6% + 80% x 15.04% = 11.752%;

  - Division 2's WACC = % of debt in capital structure x cost of debt + % of equity in capital structure x cost of equity = 20% x 3.6% + 80% x 17.432% = 14.6656%;

Finally, compare the WACC between the two Division:

Division 1's WACC - Division 2's WACC = 11.752% - 14.6656% = - 1.9136% or Division 1 has the lower cost of capital of 1.9136% in absolute term comparing to Division 2.

6 0
3 years ago
Read 2 more answers
A plan to exploit experience-based cost and location economies, transfer core competencies with the firm, and pay attention to l
ikadub [295]

Answer:

D) transnational strategy.

Explanation:

A transnational strategy is more personalized or custom fit than other global or international strategies. When corporations follow this approach, they will generally coordinate the subsidiary's operations with the headquarters, and will work closely together. Generally it focuses on marketing and operational activities, e.g. international retail stores.

8 0
4 years ago
Within the​ growth-share matrix,​ "cash cows" are​ __________.
Flura [38]

Within the​ growth-share matrix,​ "cash cows" are low-growth, high-share businesses or products.

4 0
3 years ago
A partial listing of costs incurred during March at Febbo Corporation appears below: Factory supplies $ 9,000 Administrative wag
Anika [276]

Answer:

$ 68,000

Explanation:

The total manufacturing overhead costs should include the following heads:

Factory Supplies                                           $    9,000

Factory depreciation                                    $   33,000

Indirect labor                                                 $  26,000

Total manufacturing overhead                    $  68,000

The direct materials and direct labor are not part of the manufacturing overhead. though they are part of the manufacturing costs.

The admin  wages and salaries, corporate headquarters rent and the marketing costs are not manufacturing costs

7 0
3 years ago
Other questions:
  • i don't have an assignment rather a life question, i'll be back here though. I'm 17 and i'm going to be applying for college in
    15·1 answer
  • 1. ________ dictate the terms and conditions state governments would have to meet in order to qualify for financial assistance i
    13·1 answer
  • If the cpi was 95 in 1955 and is 475 today, then $100 today purchases the same amount of goods and services as
    14·1 answer
  • QUESTION 01 (10 points) ‐ Coefficient of Variation (CV) We need to compare volatility of multiple assets. As the assets have dif
    15·1 answer
  • The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previ
    8·1 answer
  • Another name for a mutual fund that doesn't charge a sales load or a contingent deferred sales fee, but does charge an ongoing h
    10·1 answer
  • You are writing an e-mail to a potential employer about a job opportunity. what can you do to make sure the e-mail reflects your
    6·1 answer
  • Wood Incorporated factored $165,600 of accounts receivable with Engram Factors Inc. on a without recourse basis. Engram assesses
    6·1 answer
  • Based on the following data, what is the current ratio? Accounts payable………………………….. $ 64,000 Accounts receivable….………………….. 114
    5·1 answer
  • The corporate staff in the accounting department at ABC Corporation went on 12-hour days during the holiday season, just like th
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!