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Studentka2010 [4]
3 years ago
5

homeworklib Assume the following for White Top Inc. for the current fiscal year. White Top applies overhead on the basis of unit

s produced. Budgeted overhead $ 200,000 Actual overhead $ 222,000 Actual labor hours 15,000 Actual number of units sold 43,000 Underapplied overhead $ 20,000 Budgeted production (units) 50,000 Required: How many units were produced in the current fiscal year
Business
1 answer:
Naya [18.7K]3 years ago
6 0

Answer:

50,500 Units

Explanation:

The computation of the number of units produced is shown below:

Overhead rate is

= $200,000 ÷ 50,000 units

= $4 per unit

The Actual overhead is $222,000

So,

Under applied overhead is $20,000

Now

Applied overhead is

= $222,000 - $20,000

= $202,000

And, finally

Actual unit produced is

= $202000 ÷ 4

= 50,500 Units

You might be interested in
Flint Corporation is subject to a corporate income tax only in State X. The starting point in computing X taxable income is Fede
scZoUnD [109]

Answer:

b. $790,000.

Explanation:

The computation of the taxable income for X purpose is shown below:

Federal Taxable income $750,000  

Add: Deduction for state income taxes non-deductible $50,000  

Less: Interest on federal obligations i.e. deductible $10,000  

Taxable income $790,000  

Hence, option b is correct

7 0
3 years ago
Collings College has annual fixed operating costs of $12,500,000 and variable operating costs of $1,000 per student. Tuition is
hjlf

Answer:

2,575,0000

Explanation:

The Fixed cost will remain fixed i.e : $12500000.

The variable cost is $1000 per student and the projected enrollment is 1500 students, hence the total variable cost is: 1000*1500 = $1500000.

The tuition fee is $8000 per student and projected enrollment is 1500 students, hence the total tuition fee will be: 8000*1500 = $12000000.

Hence the total cost is : 12500000+1500000+12000000 = 26000000.

The College received grants equalled to = 250000.

Hence the required amount is = 26000000-250000 = 25750000.

Hope this Helps

Thank You.

5 0
3 years ago
Woodman Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the fo
ahrayia [7]

Answer:

(a) 72

(b) 57.6

(c) 46.08

Explanation:

Given that,

Units produced = 1

Marginal Labor Time = 112.50

Units produced = 2

Marginal Labor Time = 90.00

First, we need to calculate the learning rate.

Learning Rate:

= (Marginal labor time for producing 2 units ÷ Marginal labor time for producing 1 units) × 100

= (90 ÷ 112.50) × 100

= 80%

At production level of 1 unit:

Marginal Labor time = 112.5

At production level of 2 units:

Marginal Labor time:

= Marginal Labor time at 1 unit × Learning rate

= 112.5 × 80%

= 90

(a) At production level of 4 units:

Marginal Labor time:

= Marginal Labor time at 2 units × Learning rate

= 90 × 80%

= 72

(b) At production level of 8 units:

Marginal Labor time:

= Marginal Labor time at 4 units × Learning rate

= 72 × 80%

= 57.6

(c) At production level of 16 units:

Marginal Labor time:

= Marginal Labor time at 8 units × Learning rate

= 57.6 × 80%

= 46.08

5 0
3 years ago
Petra is paying her ten employees for 40 hours a week, 52 weeks each year. in 2007, petra spent on wages for her employees each
photoshop1234 [79]

In 2007, Petra spent <u>$2,340</u> on wages for her employees each week, and Petra increased her annual wage budget from 2008 by <u>$14,56</u>0.

<h3>Calculation of wages</h3>

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Petra owns a coffee shop. She has ten employees. In 2007, she paid her employees minimum wage ($5.85 an hour). In 2008, the minimum wage increased to $6.55 an hour. In 2009, the minimum wage increased to $7.25 an hour. Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___

We can now proceed as follows:

Weekly wage spent Petra in 2007 = 2007 minimum wage per hour * Number of employees * Number of hours per week = $5.85 * 10 * 40 = $2,340

Amount of increase in minimum wage per hour between 2008 and 2009 = $7.25 - 6.55 = $0.7/hour

Petra’s increase in annual budget for wages in 2009 = Amount of increase in minimum wage per hour between 2008 and 2009 * Number of employees * Number of hours per week * Number of weeks = $0.7 * 10 * 40 * 52 = $14,560

Learn more about wages here: brainly.com/question/15381069.

#SPJ4

6 0
2 years ago
_____ occurs when two brands receiving equal treatment borrow from each other's brand equity.
Evgen [1.6K]

Answer:

The answer is cooperative branding  

Explanation:

Cooperative brand entails a scenario where two brands fairly receiving equal treatment share a promotion. In sharing such a promotion, the brands benefit from each other’s marketing strength thereby improving public awareness of both brands.  When two brands shares a promotion, they end up saving on costs while at the same time ensuring that they receive an increased exposure.  

8 0
3 years ago
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