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Virty [35]
3 years ago
9

XYZ Co. is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10

,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $113,000 and 10,900 total direct labor-hours during the period. The predetermined overhead rate is closest to: Group of answer choices
Business
1 answer:
stira [4]3 years ago
6 0

Answer:

the predetermined overhead rate is $12.10

Explanation:

The computation of the predetermined overhead rate is shown below:

The Predetermined overhead rate is

= (Estimated total fixed manufacturing overhead ÷ Estimated direct labor hours)

= ($121,000 ÷ 10,000)

= $12.10

hence, the predetermined overhead rate is $12.10

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The United States enjoys a free market economy in which _____.
Mnenie [13.5K]
Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers
4 0
3 years ago
If individuals pursue their own interests when participating in the markets, per Adam Smith, those individuals are being guided
docker41 [41]

Answer:

Self Interest & Invisible Hand of Laissez Faire Policy

Explanation:

Adam Smith Laissez Faire Policy - suggests that free markets are the best approach for welfare maximisation of a society, based on self interest guiding best decisions by individuals, and individual wealth & welfare maximisation implies society wealth & welfare maximisation.

The Invisible Hand of free markets corrects all the discrepancies (if any), re-guides self interest forming the basis of over all social interest. Government intervention is unnecessary & distortionary as per the theory

7 0
3 years ago
Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with la
mrs_skeptik [129]

Answer:No, Lake source cooling is not economically advantageous.

Explanation:

The cost of the lake source cooling is S30 greater than the cost of the refrigerator.

Though the lakes source option will bring additional income of S2400 for ten years this will only reduce it's cost to S2900 and this is still higher than the total cost of the refrigerator option of S2,120.

The straight line depreciation option on both options will not change this decision since it will have the same effect on both options.

7 0
2 years ago
The deans' suite hoped to cut costs and decided to perform a total cost analysis on its vodka supplier. Consumption was currentl
Paladinen [302]

Answer:

$55,200

Explanation:

Consumption = 6000 bottles

Cost per bottle = $9

Consumption Cost = 6000*$9 = $54,000

No of crates = 6000/100 = 60 crates

Cost pet crate = $20

Crate cost = $1,200

Total annual cost = Consumption Cost + Crate cost

Total annual cost = $54,000 + $1,200

Total annual cost = $55,200

So, the total annual cost to supply vodka from their current supplier is $55,200

4 0
2 years ago
Steven's Co. provides the following sales forecast for the next three months: July August September Sales units 5,000 5,700 5,56
Ipatiy [6.2K]

Answer:

d. 5,175 units.

Explanation:

The computation of the budgeted production units for July is shown below:

= Sale units + ending inventory units - beginning inventory units

where,  

Sale units is 5,000 units

Ending finished inventory units = 5,700 units × 25% = 1,425 units

Beginning finished inventory units = 1,250 units

Now put these units to the above formula  

So, the units would equal to  

= 5,000 units + 1,425 units - 1,250 units

= 5,175 units

5 0
2 years ago
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