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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

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The choices can be found elsewhere and as follows:

<span>a) Summit
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I believe the correct answer is option D. The point on the business cycle where real GDP reaches its highest level is known as the Maximoid. Hope this answers the question. Have a nice day.
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3 years ago
A company produces 500 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactu
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Answer:

Operating income will be $6,000

Explanation:

The computation of the operating income is shown below:

= Total cost - outsourcing cost

where,

Total cost = Variable cost + fixed cost

Variable cost = Number of microwaves × variable cost per unit

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And, the fixed cost is $7,000

Now put these values to the above formula  

So, the value would equal to

= $13,000 + $7,000

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And, the outsourcing cost equal to

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= 500 × $28

= $14,000

So, the net income would be

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3 years ago
Who is affected by our government’s fiscal policies?
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The answer is C- The entire economy

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Blue Spruce, Inc. is considering purchasing equipment costing $72000 with a 6-year useful life. The equipment will provide annua
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The approximate internal rate of return for this investment is $0.054.

<h3><u>What is rate of return?</u></h3>
  • The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR).
  • You determine the percentage change from the start of the period to the end when computing the rate of return.
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Any asset can be used with the RoR as long as it is purchased once and generates cash flow at some point in the future. The attractiveness of various investments can be determined, in part, by comparing their historical rates of return to those of comparable assets.

We have, (Net Annual cash inflow x PV of an Annuity of 1 at 10%) - Initial Investment = Net present value (find closest to zero))

($17,514 x 4.111) = $72000.054 - $72,000 = $0.054 (closest to zero).

Know more about rate of return with the help of the given link:

brainly.com/question/24232401

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1 year ago
Identify the correct order of the four steps used to prepare a production cost summary (report). 1)Summarize the cost flow of ph
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Answer:

The answer is "Option C".

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