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
yanalaym [24]
2 years ago
6

Custom Engines Company has the following estimated costs for the upcoming year: Direct labor costs $62,800 Direct materials used

$25,600 Salary of factory supervisor $37,800 Sales commissions $8300 Heating and lighting costs for factory $22,900 Depreciation on factory equipment $5500 Advertising expense $33,100 The company estimates that 2000 direct labor hours will be worked in the upcoming year, while 2800 machine hours will be used during the year. The predetermined manufacturing overhead rate per direct labor hour is closest to $33. $98. $31. $54.
Business
1 answer:
jenyasd209 [6]2 years ago
8 0

Answer:

Predetermined manufacturing overhead rate= $33.1 per direct labor hour

Explanation:

Giving the following information:

Salary of factory supervisor $37,800

Heating and lighting costs for factory $22,900

Depreciation on factory equipment $5500

The company estimates that 2000 direct labor hours will be worked in the upcoming year.

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

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

Predetermined manufacturing overhead rate= (37,800 + 22,900 + 5,500) / 2,000

Predetermined manufacturing overhead rate= $33.1 per direct labor hour

You might be interested in
Mountain water corp. issued common stock of​ $28,000 to pay off​ long-term notes payable of ​$28,000. in what​ section(s) would
navik [9.2K]
These transactions would be recorded in the <span>non-cash investing and financing activities. Since this that does not directly affect the cash on hand, instead, the</span> issuance of common stock to retire long-term debt is done. 
7 0
3 years ago
The qualities needed for effective leadership are the same as those needed to be an effective follower. Group of answer choices
enot [183]

It is true that the qualities needed for effective leadership are the same as those needed to be an effective follower.

<h3>Who is a leader?</h3>

A leader is someone who gets things done through others. A leader rely on his or her followers to be able to achieve an organizational' s goals and objectives.

For a leader to be able to deliver effectively, he or she must have followers who have similar goals and must be effective as well.

Hence, it is true that the qualities needed for effective leadership are the same as those needed to be an effective follower.

Learn more about leadership here : brainly.com/question/17306630

3 0
2 years ago
Which of the following does NOT hinder development for less-developed countries
boyakko [2]
What are the options?
4 0
3 years ago
Read 2 more answers
You work for a firm producing fitness equipment. You have been told that the demand curve for the​ firm's main​ product, a​ mult
kirill115 [55]

Answer:

b. quantity with price as the explanatory variable because the demand curve is linear.

Explanation:

A linear demand curve can be defined as the graphical representation of the relationship between the quantity of goods or services that are being demanded by the consumers and the price of the goods or services at a specific period of time.

Generally, the x-axis of the graph is used to represent the price of the goods or services while the y-axis of the graph is used to represent the quantity of goods or services that are being demanded by the customers at a specific period of time.

In this scenario, You work for a firm producing fitness equipment and have been informed that the demand curve for the​ firm's main​ product, a​ multi-station home​ gym, is linear. Also, you have been provided with price and quantity data obtained from focus groups and have been asked to run a regression of revenue on price.

Hence, a linear functional form can properly be used to​ estimate quantity with price as the explanatory variable because the demand curve is linear.

Additionally, according to the law of demand, as the price of a particular product or service increases, there will be a decrease in the quantity that is being demanded by the consumers.

4 0
3 years ago
Using fiscal policy to stabilize the economy is difficult because:a. potential income is known.b. the effects of policy changes
Ray Of Light [21]

Using fiscal policy to stabilise the economy is difficult because there are time lags involved in the use of fiscal policy.

Explanation:

Tax policy applies to the implementation of government spending and tax measures, including competition for goods and services, wages, inflation and economic development to affect the dynamics of the economy.

Taxes policy is decisions of the government on investment and taxes. When a government wants to promote economic growth, spending on goods and services must increase. The need for goods and services would then increase. A reduction in government expenditure would reduce the economy's total demand.

8 0
3 years ago
Other questions:
  • A call center has a total of 12 telephone lines coming into its customer service department, which is staffed by 5 customer serv
    7·1 answer
  • has an inventory of 500 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $ 80 comma 500. Prod
    11·1 answer
  • Which of the following statements about federal student loans is true
    15·1 answer
  • Evans Inc. had current liabilities at April 30 of $74,100. The firm's current ratio at that date was 1.7.Required:Calculate the
    7·2 answers
  • Which of the following transactions would be least likely to have an effect on the net income for 2020? A : Stock purchased in 2
    12·1 answer
  • The following events took place at a manufacturing company for the current year: (1) Purchased $96,300 in direct materials. (2)
    12·1 answer
  • craig thought he could earn $1,000 selling paintings in 6 months. instead, he made $1,200. what is the percentage difference?
    15·1 answer
  • The population of Djibouti is approximately 830,000. To serve the communication needs of this nation, there are two FM radio sta
    8·1 answer
  • When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 4 and 28 w
    8·1 answer
  • If Doria needs a short-term loan, what type of loan would you recommend she seek and from what type of financial institution? Ju
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!