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borishaifa [10]
3 years ago
13

Thomlin Company forecasts that total overhead for the current year will be $15,030,000 with 167,000 total machine hours. Year to

date, the actual overhead is $8,184,000, and the actual machine hours are 93,000 hours. The predetermined overhead rate based on machine hours is Round the answer to the nearest dollar. a.$49 per machine hour b.$88 per machine hour c.$90 per machine hour d.$162 per machine hour
Business
1 answer:
sergiy2304 [10]3 years ago
5 0

Answer: c.$90 per machine hour

Explanation:

The predetermined overhead rate is the forecasted cost per (in this case) machine hour.

Formula is:

= Forecasted total overhead / Forecasted total machine hours

= 15,030,000 / 167,000

= $90 per machine hour

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What is the future value of a $500 annuity payment over eight years if interest rates are 14 per 14 percent
Charra [1.4K]

Answer:

FV= $6,616.38

Explanation:

Giving the following information:

Annual cash flow= $500

Number of periods (n)= 8

Interest rate= 14%

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {500*[(1.14^8) - 1]} / 0.14

FV= $6,616.38

6 0
4 years ago
Janice always makes the first offer during salary negotiations because that number will become the starting point for any furthe
Ira Lisetskai [31]

Answer:

b. anchoring and adjustment heuristic.

Explanation:

Anchoring and adjustment heuristic is a Psychological heuristic in which a person or individual influences others by suggesting a starting point. The other person will then rely on the first information offered and an anchor is then placed. The further judgment is made around that anchor which created a bias toward interpretation of information.  

Janice also used a strategy of anchoring and adjustment bias by giving first offer of salary. This will be considered as anchor which is placed and all the other negotiations will be around that salary anchor which will be used as starting point.

8 0
3 years ago
Omar is covered by a disability income policy. he is hurt while performing an occupation more hazardous than the occupation list
Alex73 [517]

I believe the answer is: Reduce the benefit level

If the individual performing an occupation more hazardous than the occupation listed in his policy, The insurance company had the right to perceive that the individual is involving himself in necessary risk, which provide them with a legal ground to reduce his benefit level.

6 0
3 years ago
Which might be an oppotunity cost of the city of aloharetta decision to construt the gateway and green way projects
nirvana33 [79]

An opportunity fee of the metropolis of Alpharetta's choice to construct the gateway and green way tasks: adopted in 2015, the plan proposes a series of small parks and inexperienced spaces that connect to each different, and could help make Downtown Alpharetta amusing.

Alpharetta is a town placed in northern Fulton County, Georgia, USA, and is part of the Atlanta metropolitan region. As of the 2010 census, Alpharetta's populace became 57,551. The populace in 2020 became 65,818. Alpharetta is a colorful Southern city with a great nice of lifestyles, making it a super region to live, paint and visit.

Alpharetta is a city in Georgia with a population of 66,566. Alpharetta is in Fulton County and is one of the best locations to stay in Georgia. dwelling in Alpharetta gives citizens a dense suburban feel and maximum citizens very own their houses. In Alpharetta, there are a whole lot of restaurants, espresso stores, and parks. Alpharetta is now Georgia's twelfth most populous town, boasts some of the great schools in the USA, and is understood far and extensive because of the generation metropolis of the South because of the huge quantity of tech-focused organizations that call Alpharetta home.

Learn more about Alpharetta here: brainly.com/question/25870256

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8 0
1 year ago
Global Corporation had 58,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors
wolverine [178]

Answer:

Jul-01

Dr Retained Earnings $324,800

Cr Common stock dividend distributable $232,000

Cr Paid-in capital in excess of par value - Common stock 92,800

Explanation:

Preparation of the journal entry to record the dividend declaration is:

Jul-01

Dr Retained Earnings $324,800

(58,000 shares x 20% x $28)

Cr Common stock dividend distributable $232,000

(58,000 shares x 20% x $20)

Cr Paid-in capital in excess of par value - Common stock 92,800

(58,000 shares x 20% x $8)

8 0
3 years ago
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