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Tema [17]
3 years ago
5

Max Company allocates overhead based on direct labor hours. It allocates overhead costs of $13,800 to two different jobs as foll

ows: Job 1: (10 hours) = $6,900; Job 2: (10 hours) = $6,900 The production process for Job 2 was then automated. Now Job 2 requires only 2 hours of direct labor but 4 hours of mechanical processing. As a result, total overhead increases to $18,600. With the change in the production process for Job 2, the amount of overhead assigned to:
Business
1 answer:
zubka84 [21]3 years ago
4 0

Answer:

Allocated MOH= $1,380

Explanation:

<u>First, we need to calculate the predetermined allocation rate per direct labor hour:</u>

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

6,900 = Estimated manufacturing overhead rate*10

Estimated manufacturing overhead rate= $690 per direct labor hour

<u>Now, we can allocate overhead for Job 2:</u>

Allocated MOH= 690*2

Allocated MOH= $1,380

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Murrr4er [49]

Answer: Option B

Explanation:

A. Explicit cost are the cost paid to others in return of their service. Hence Option A is incorrect.

B. Revenue is the total amount of earnings a company have before deducting for expenses. Hence Option B is correct.

C. Accounting profit means (Revenue - explicit cost) . Hence Option C is incorrect.

D. Economic profit means (Revenue - explicit cost - implicit cost) . Hence Option  D is incorrect.

6 0
3 years ago
A process with no beginning work in process, completed and transferred out 85500 units during a period and had 49400 units in th
AlekseyPX

Answer:

C. 95380 equivalent units

Explanation:

Equivalent units is the term used for proportionately equally completed units. This is basically used for allocation of overheads.

Here, actually completed that is 100% complete units = 85,500 units

Further units under work in process = 49,400

Which are 20% complete.

This means that incomplete 49,400 units = 49,400 \times 20% = 9,880 units 100% complete

Thus, total equivalent units = 85,500 + 9,880 = 95,380 units.

8 0
3 years ago
What types of crime you experience most frequently?​
Ghella [55]

Answer:

well if you live in a safe country

Explanation:

u wont experience any crime

6 0
3 years ago
Read 2 more answers
Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials
Amiraneli [1.4K]

Answer:

$8.20 per pound

Explanation:

The computation of the actual price per pound is shown below:

Material price variance = (Standard price per pound - Actual price per pound) × Actual quantity purchased

-$7,000 = ($8.00 - Actual price per pound) × 35,000

$8.00 - Actual price per pound = -$7,000 ÷ 35,000

Actual price per pound = $8.20 per pound

Hence, the actual price per pound is $8.20 per pound

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago
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AfilCa [17]
I believe the answer is B! Let me know if I am right:)
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