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slamgirl [31]
3 years ago
10

A manufacturer uses machine hours to assign overhead costs to products. Budgeted information for the next year follows. Budgeted

factory overhead costs $ 669,600 Budgeted machine hours 7,200 Compute the plantwide overhead rate for the next year based on machine hours.
Business
1 answer:
Anika [276]3 years ago
8 0

Answer: $93 per machine hour

Explanation:

The plantwide rate shows the cost per labor hour(machine hour in this case) for overhead incurred by the entire production plant.

Plantwide overhead rate based on machine hours:

= Budgeted factory overhead costs / Budgeted machine hours

= 669,600 / 7,200

= $93 per machine hour

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Pauline’s parents perform tasks of which order in this scenario? Pauline’s family is fairly liberal. Her parents have set certai
sdas [7]

Answer:

The reason is that the Pauline's parents are performing parental orders which includes the imposition of conditions. These imposed conditions and rules for the children are for their benefit and will help them in forming habits and protect themselves from the world evil beings. All the habits structuring of Pauline which her parent desire are of immense importance for her future life. Neither of the condition or rule mentioned in the case are unethical and are what a proactive person possesses and are also desirable. This shows that the parents are working hard with their children to let them have a good set of habits and reflects good parenting. Though initiallt it seems that the liberty of Pauline is diminished but will ensure its future safety and liberty in the long run. People have choice to drink wine but this doesn't mean that the childrem must also taste them. This is because its not good for health and that the lack of good parenting will affect them most.

3 0
3 years ago
In pioneer​ ville, the price elasticity of demand for bus rides is 0.5. when the price of a bus ticket rises by 5​ percent, ____
lianna [129]
The quantity of bus rides demanded decreases by 2.5 percent. Hope this helps. :)
4 0
3 years ago
Ivanhoe Company sublet a portion of its warehouse for five years at an annual rental of $71100, beginning on May 1, 2020. The te
Olenka [21]

Answer and Explanation:

The adjustment should be as follows

Unearned Rent Revenue    $47,400

    To Rent Revenue   $47,400

(Being recording of revenue earned is recorded)

Here unearned rent revenue is debited as it decreased the liabilities and the rent revenue is credited as it increased the revenue. Also liabilities and revenue contains the normal debit balance

The working is shown below:

= $71,100 × 8 months ÷ 12 months

= $47,400

The eight months are calculated from May 1 to December 31

8 0
3 years ago
The Graber Corporation’s common stock has a beta of 1.8. If the risk-free rate is 5.8 percent and the expected return on the mar
Murljashka [212]

Answer:

16.96%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 5.8% + 1.8 × (12% - 5.8%)

= 5.8% + 1.8 × 6.2%

= 5.8% + 11.16%

= 16.96%

The (Market rate of return - Risk-free rate of return)  is also called market risk premium

3 0
3 years ago
Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricat
Nataly [62]

Answer:

$2.90 per unit

Explanation:

The computation of the cost per equivalent unit of conversion is attached below:-

The formulas are shown below:-

Equivalent material = Direct material × Percentage completion

Equivalent conversion = Conversion × Percentage completion

The cost per equivalent unit come from

= Total cost ÷ number of equivalent units

hence, the cost per equivalent unit of conversion is $2.90 per unit

8 0
3 years ago
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