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Temka [501]
3 years ago
6

Flambe Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning

of the most recently completed year, the company estimated the machine-hours for the upcoming year at 23,400 machine-hours. The estimated variable manufacturing overhead was $10.75 per machine-hour and the estimated total fixed manufacturing overhead was $648,180. The predetermined overhead rate for the recently completed year was closest to
Business
1 answer:
Alona [7]3 years ago
6 0

Answer:

$38.45

Explanation:

The computation of the predetermined overhead rate is shown below:

= Estimated variable manufacturing overhead per machine hour + estimated fixed manufacturing overhead per machine hour

where,

Estimated variable manufacturing overhead = $10.75

Estimated fixed manufacturing overhead is

= $648,180 ÷ 23,400 machine hours

= $27.70

So, the predetermined overhead rate is $38.45

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The following annual amounts pertain to the Wolf Company: Estimated Overhead Costs $ 101,988 Estimated Direct Labor hours 67,992
mezya [45]

Answer:

under applied by $1,000.

Explanation:

The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $101,998 ÷ 67,992 hours

= $1.50

Now we have to find the applied overhead which equal to

= Actual direct labor-hours × predetermined overhead rate

= 70,000 hours × $1.50

= $105,000

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $106,000 - $105,000

= $1,000 under-applied

8 0
3 years ago
Why are manufactured goods more valuable to the economy than services (select all that apply)
ahrayia [7]
The answer is no 2 and 4
5 0
2 years ago
Which is NOT one of the similarity between projects and operations Both are Performed by Individuals Both are Limited by constra
bonufazy [111]

Answer:

Both are ongoing

Explanation:

Remember, projects do not go on forever. Rather, projects are usually marked by deadlines. However, operations are simply ongoing activities in which resources are planned, executed, monitored and controlled by individuals.

which may be constrain

A none similarity between projects and operations is that, they both are not ongoing .

5 0
3 years ago
In a certain year, the aggregate amount demanded at the existing price level consists of $100 billion of consumption, $40 billio
valkas [14]

Answer:

The answer is: decrease government spending or increase tax rates.

Explanation:

Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).

Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.

5 0
3 years ago
Which of the following is not part of the role of a forester? a. develop sustainable practices b. prevent removal of timber c. d
Reptile [31]

Answer:

"b" is not part of the role of a forester.

Explanation:

8 0
3 years ago
Read 2 more answers
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