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3 years ago

Summer 20 Corp estimates overhead based on direct labor hours and has given you the following information:

Business

1 answer:

Akimi4 [234]3 years ago

6 0

Answer:

Results are below.

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 405,000 / 220,000

Predetermined manufacturing overhead rate= $1.841 per DLH

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.841*202,000

Allocated MOH= $371,882

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 380,000 - 371,882

Underapplied overhead= $8,118

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3 years ago

Cool Air Inc., manufactures single room sized air conditioners. The cost accounting system estimates manufacturing costs to be

Tcecarenko [31]

Answer:

Selling price= $172.8

Explanation:

Giving the following information:

Manufacturing costs to be $ 240.00 per air conditioner

Consisting of 60% variable costs and 40% fixed costs.

Selling price= 20% markup to full costs.

Because it is a special offer and there is unused capacity, we will not take into account the fixed costs:

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Selling price= 144*1.2= $172.8

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4 years ago

Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreci

PIT_PIT [208]

Answer:

$3,210.94

Explanation:

The NOPAT of the Edwards electronics can be determined through the following mentioned method.

Sales: $11,250

Operating costs: ($5,500)

Depreciation: ($1,250)

Interest payment ($218.75)

($3,500*6.25%)

Profit before tax $4,281.25

Taxes(25%) ($1,070.31)

NOPAT $3,210.94

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4 years ago

List and briefly explain five storage management responsibilities of a typical os

ZanzabumX [31]

The five major responsibilities of storage management of OS are
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3. Modular Programming Support: Through the memory the module of the program and application must be defined by programmers.
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5. Long-term storage: This is the basic need of many programs developed by the programmers.

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4 years ago

Assume that all fast-food restaurants employ many minimum-wage workers. Suppose 20000 people in West Virginia work in fast-food

Aleks [24]

Answer:

Some minimum wage workers will be better off since they will earn a higher salary, people are happy when they earn more money.

But other minimum wage workers may be worse off, since the quantity demanded for minimum workers will decrease, so it will be harder for them to find new jobs and some currently working might even get fired.

Basically all the fast food restaurant owners will be worse off, since they are forced to pay a higher than equilibrium price for labor, so their profit margins will be reduced.

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4 years ago