1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lubov Fominskaja [6]
3 years ago
5

Jones Company allocates manufacturing overhead based on machine hours. Each chair produced should require 3 machine hours. Accor

ding to the static budget, the following is expected to incur: 1,200 machine hours per month (400 chairs x 3 hours per chair) $6,000 in variable manufacturing overhead costs $8,400 in fixed manufacturing overhead costs During January, Jones Company actually used 1,100 machine hours to make 410 chairs. The company spent $5,800 in variable manufacturing overhead costs and $8,100 in fixed manufacturing overhead costs. What is the fixed manufacturing overhead allocation rate (to the nearest cent)
Business
1 answer:
mars1129 [50]3 years ago
6 0

Answer:

the fixed manufacturing overhead allocation rate is $7 per hour

Explanation:

The computation of the fixed manufacturing overhead allocation rate is shown below;

Fixed manufacturing overhead allocation rate is

= Budgeted Fixed overhead  ÷ Budgeted allocation base

= $8,400 ÷ 1,200 budgeted machine hours

= $7.00 per hour

Hence, the fixed manufacturing overhead allocation rate is $7 per hour

You might be interested in
Receiving provides 12,000 receiving hours and costs $60,000 per year. What is the activity rate for receiving?
Vsevolod [243]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

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

Receiving provides 12,000 receiving hours and costs $60,000 per year.

Estimated manufacturing overhead rate= 60,000/12,000= $5 per hour

7 0
3 years ago
These types of goals help make up the framework for long-term goals
Juli2301 [7.4K]
There are different types of goals like the short and long term goals. Short term only applies on specific schedule or a target time. Long term goals is more based on security like retirement plans, insurance, savings, health plans, home for the family an many more. These are some factors that can indicate stability and are the long term goals that had to be met.
6 0
2 years ago
Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded s
kiruha [24]

Answer:

Future Value= $156,901.16

Explanation:

Giving the following information:

Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded semi-annually.

To calculate the future value of this investment, we need to use the following formula:

FV=PV*(1+i)^n

PV= 98,000

i= 0.08/2= 0.04

n= 6*2= 12

FV= 98,000*(1.04^12)= $156,901.16

6 0
3 years ago
When the seller requires that only certain dealers carry its products and also that these dealers not handle competitors' produc
RUDIKE [14]

Answer:

exclusive dealing

Explanation:

Exclusive dealing -

It is the method , where a deal is set up between a specific supplier and the wholesaler or the retailer , where the no other distributor would be able to receive the supply , is referred to as exclusive dealing.

In this scenario no other dealer can not handle the product in any case.

Hence , from the scenario of the question,

The correct option is exclusive dealing .

3 0
3 years ago
Todd Haitz is the marketing manager for the National Basketball Association. Todd analyzes and tracks his marketing campaigns to
Troyanec [42]

Answer:

Which of the below would be an internal KPI Todd would use to track his marketing campaigns?

marketing campaign ROI

Explanation:

The basic way to calculate the ROI of a marketing campaign is to integrate it into the overall business line calculation.

You take the sales growth from that business or product line, subtract the marketing costs, and then divide by the marketing cost.

6 0
3 years ago
Other questions:
  • A weaker dollar benefits ---------- and hurts-----------
    5·1 answer
  • It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and
    11·1 answer
  • Does walmart have wheelchairs for customers to use
    6·1 answer
  • Which of the following are assumed to remain unchanged along a given short run aggregate supply curve?
    13·1 answer
  • MySpace is a social network that is targeted primarily to people under the age of 25 years old. In 2005, when MySpace was the le
    7·1 answer
  • Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt’s investm
    6·1 answer
  • Regression analysis models helped Avon realize that employee benefits and the appointment fee that representatives pay for mater
    11·1 answer
  • How is nominal gdp converted to real gdp?
    14·1 answer
  • Which set of materials includes the fewest number of ingredients that are needed to make a lemon into an effective battery that
    15·1 answer
  • barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!