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lbvjy [14]
3 years ago
15

Actual fixed overhead is $33,300 (12,000 machine hours) and fixed overhead was estimated at $34,000 when the predetermined rate

of $3.00 per machine hour was set. If 11,500 standard hours were allowed for actual production, applied fixed overhead is:____.
a. 33,300.b. 34,000.c. 34,500.d. not determinable without knowing the actual numbers of units produced.
Business
1 answer:
Anuta_ua [19.1K]3 years ago
3 0

Answer:

C. $34,500

Explanation:

Given the above information, applied fixed overhead is computed as;

= Standard hours allowed for actual production × Predetermined rate

Standard hours allowed for actual production = 11,500

Predetermined rate = $3 per hour

Then,

Applied fixed overhead

= 11,500 hours × $3 per hour

= $34,500

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8 0
3 years ago
Bellingham Inc had the following activity last year:
Pepsi [2]

Answer:

The net cash flow of the year amounts to $32,000

Explanation:

The net cash flow of the year is computed as:

Net cash flow = Net income + Depreciation

= $7,000 + $25,000

= $32,000

Where

Net Income is computed as:

Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense

= $300,000 - $170,000 - $25,000 - $95,000 - $3,000

= $7,000

8 0
3 years ago
Mary's Cookies submitted an ad to the local newspaper with a coupon stating that a dozen cookies cost $2.99. The newspaper inste
Fed [463]

Answer:

Noise

Explanation:

Communication represents the means of passing information from the sender through an appropriate channel or medium to the receiver. An effective communication is the ability to adequately transmit the intentions of the sender to be adequately received by the receiver.

Noise is anything that has the ability to disrupt the adequate flow of information from the sender to the receiver. Noise can affect any  of the following: Sender, Message, Transmission Channel and the receiver.  

Communication Noise in the context of the question is described as any influence on communication that affects or distorts the right interpretation of the message a sender is transmitting to a receiver.

In the context of the question, the noise is indicated in the error of printed price. Instead of #2.99, the interpretation for the consumers is $29.99. The consumers will therefore, consider the cookies to be too expensive. This is noise in the message as a result of an error in the transmission channel.

4 0
3 years ago
Longley Trucking is issuing a 20-year bond with a $2,000 face value tomorrow. The issue is to pay an 8% coupon rate, because tha
Katen [24]

Answer:

Longly will receive $1,817.43 from selling the bond.

Explanation:

As the coupon rate is 8%; we have annual coupon payment = 2,000 x 8% = $160.

The price of the bond Longly will receive is equal to the present value of 20 annual coupon payment plus the present value of $2,000 face value repayment in 20 years time; with the two streams of cash flow discounting at the market rate at the date of issuing 9%; which is calculated as:

[ ( 160/9%) x [ 1 - 1.09^(-20) ] ] + ( 2,000 / 1.09^20 ) = $1,817.43.

So, the answer is $1,817.43.

7 0
3 years ago
Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began th
Brilliant_brown [7]

Answer:

b.$127,500 increase

Explanation:

Using Accounting Equation we can find thetotal increase in total assets:

Assets = Equity + Liabilities

Change in Assets = Change in Equity + Change in Liabilities

Change in Assets = $37,500 + $90,000

Change in Assets = $127,500

Total Change in equity and liabilities will be equal to the change in Assets.

So, the correct answer is b.$127,500 increase.

7 0
3 years ago
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