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Vera_Pavlovna [14]
3 years ago
13

The predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find ______.

Business
1 answer:
MAVERICK [17]3 years ago
4 0

Answer:

overhead applied to the job.

Explanation:

The formula to determine the predetermined overhead rate is given below:

Predetermined overhead rate is

= Estimated manufacturing overhead ÷ estimated activity level

Now when the predetermined overhead rate calculated after that we multiplied the rate with the actual allocation base in order to determine the applied overhead to the job

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Variable interest rate mortgage loans have an interest rate that varies depending on the level of current interest rates.

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A variable interest rate has the obvious advantage that if the underlying rate or index decreases, so do the borrower's interest payments. On the interest rates other hand, if the underlying index increases, interest payments rise. Fixed interest rates are stable, as opposed to variable interest rates.

Variable interest rate mortgage loans have an interest rate that varies depending on the level of current interest rates.

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8 0
1 year ago
From the following particulars of Purple New Co., prepare the bank reconciliation statement as on May 31, 2016.
juin [17]

Answer:

Explanation:

Bank reconciliation statement:

Cash account balance $3950

Less: Deposit in transit ($900)

Less: Bank service charges ($75)

Add: Interest added to the checking account by the bank $150

Add: Checks outstanding $960

Less: Check drawn incorrectly charged by the bank ($85) [150-65]

Adjusted balance $4,000

5 0
3 years ago
Valley spa purchased $7,800 in plumbing components from tubman co. valley spa signed a 60-day, 10% promissory note for $7,800. i
lapo4ka [179]

Answer:

The journal entry is given as follows;

Explanation:

Accounts Receivable-Valley Spa           Dr.$7,930

Interest Revenue         (7,800*10%*2/12) Cr.$130

Notes Receivable                                    Cr.$7,800

8 0
2 years ago
Casper and cecile are divorced this year. as part of the divorce settlement, casper transferred stock to cecile. casper purchase
andre [41]

<span>Separate maintenance payments and alimony are deductible by the party creating the payments and are includible in the gross income of the party getting the payments. Therefore, income is shifted from the income earner to the income beneficiary, who is better able to pay the tax on the amount received.</span>

6 0
3 years ago
Using the payoff​ matrix, and assuming no collusion between X and​ Y, what is the likely pricing​ outcome? A. Both firms will se
jeka57 [31]

Answer:

A- Both firms will set the price at $35

Explanation:

When there is no collusion,

When Y charges $40, X's best strategy is to charge $35 since payoff is higher ($59 > $57).

When Y charges $35, X's best strategy is to charge $35 since payoff is higher ($55 > $50).

When X charges $40, Y's best strategy is to charge $35 since payoff is higher ($69 > $60).

When X charges $35, Y's best strategy is to charge $35 since payoff is higher ($58 > $59).

Therefore Nash equilibrium is: ($35, $35).

7 0
3 years ago
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