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sergij07 [2.7K]
3 years ago
14

One of the biggest mistakes new business owners make is

Business
1 answer:
Eduardwww [97]3 years ago
7 0

Answer:

Failing to plan for taxes. Underestimating personal expenses. Underfunding the business.

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In the seven step military problem solving process you have identified the problem. what is the next step?
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The next step is Gather information. The objective is to have high caliber, satisfactory choices made in battle and preparing circumstances. The Military Problem Solving Process enables pioneers to confront complex issues in circumstances where data may be restricted. 
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How will eat my ball
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3 0
3 years ago
SartainC orporation is planning its annual budget and has the following beginning and ending inventory levels planned for the ye
torisob [31]

Answer: c. 530,000 grams

Explanation:

Finished goods that should be produced in the year;

= Units to be sold + ending inventory - beginning inventory

= 170,000 + 32,000 - 22,000

= 180,000 units of finished goods.

Each unit of finished good requires 3 grams of raw material;

= 180,000 * 3

= 540,000 grams

Raw materials to be purchased;

= Raw materials needed + ending inventory - beginning inventory

= 540,000 + 42,000 - 52,000

= 530,000 grams

7 0
3 years ago
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the be
eduard

a.  The plantwide predetermined overhead rate is $8.7 per machine hour.

b. The Overhead applied is 296.

c.  The total manufacturing cost assigned to Job 400 is $896.

d.  The unit product cost for this job is $14.93.

<h3> Predetermined overhead rate </h3>

a. Predetermined overhead rate

Predetermined overhead rate = Variable overhead cost per machine hour + Fixed manufacturing overhead cost/Estimated machine hours

Predetermined overhead rate= 4.60 + 652,000/159,000

Predetermined overhead rate= 4.60 + 4.10

Predetermined overhead rate= $8.7 per machine hour

b. Overhead applied

Overhead applied = Actual machine hours used x  Predetermined overhead rate

Overhead applied = 34x 8.7

Overhead applied= $295.8

Overhead applied= $296 (rounded to nearest whole dollar)

c.  Total manufacturing cost assigned to Job 400.

Job cost sheet

Direct material $370

Direct labor $230

Overhead applied $296

Total manufacturing cost $896

d. Unit product cost = Total manufacturing cost/Number of units

Unit product cost = 896/60

Unit product cost = $14.93

Inconclusion the plantwide predetermined overhead rate is $8.7 per machine hour and the Overhead applied is 296.

Learn more about  plantwide predetermined overhead rate here:brainly.com/question/13341171

8 0
3 years ago
K Company estimates that overhead costs for the next year will be $2,400,000 for indirect labor and $900,000 for factory utiliti
Leviafan [203]

Answer:

Estimated manufacturing overhead rate= $30 per direct labor hour

Explanation:

Giving the following information:

Indirect labor= $2,400,000

Factories utility= $900,000

Total overhead= 3,300,000

Direct labor hours= 110,000

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

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

Estimated manufacturing overhead rate= 3,300,000/110,000= $30 per direct labor hour

3 0
3 years ago
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