Answer:
The answer is: The predetermined overhead rate is $10 per machine hour.
Explanation:
We must first determine the total overhead cost:
total overhead = fixed overhead cost + (variable overhead x machine hours)
total overhead = $300,000 + ($4 x 50,000) = $500,000
To get the predetermined overhead cost we divide the total overhead cost over the estimated machine hours.
Predetermined overhead cost = $500,000 / 50,000 = $10 per machine hour
It still hasn't been perfected
Answer:
Explanation:
Overhead allocation:
Unit level = $35,960/5800 * 480 = 2,976
Batch level = 13,052/260 * 27 = 1355.4
Product level = 3,988*40% = 1595.2
Facility level = 45,600/38,000 * 12,000 = 14,400
Total overhead allocated 20,326.6
Answer:
It is important to reconcile your banking account because you want to make sure that your amount in your account is correct. By reconciling, you are verifying that your statements are correct.
I hope this helped!
Answer: Market penetration
Explanation:
Market penetration can be defined as the comparison of the assessment of how much product has been sold relative to the total market has been estimated to be covered for that particular product. It is expressed in percentage. The market penetration can be enhanced by increasing the advertisement of the product and promoting the sales.
Hence, market penetration is the growth strategy, which JC Penney is applying.