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labwork [276]
3 years ago
15

ackson Inc. listed the following data for 2019: Budgeted factory overhead $1,530,000 Budgeted direct labor hours 90,000 Budgeted

machine hours 42,500 Actual factory overhead 1,250,000 Actual direct labor hours 87,800 Actual machine hours 40,900 Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 (round calculations to 2 significant digits) is:
Business
1 answer:
Anastaziya [24]3 years ago
5 0

Answer: $36 per machine hour

Explanation:

Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 would be calculated by dividing the budgeted factory overhead by the budgeted machine hours. This will be:

= $1,530,000 / 42,500

= $36 per machine hour

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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders’ equity 12/31/20
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Answer:

17 million

Explanation:

The computation of the outstanding common shares is shown below:

= Number of common shares outstanding - treasury common stock

where,

Number of common shares outstanding = Total value of the common shares ÷ par value of the share

=  $105 million ÷ $5

= 21 million

And, the  treasury common stock is 4 million

Now put these values to the above formula  

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3 years ago
Question 7
Katarina [22]
The correct answer would be A
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When a government limits imports via tariffs and quotas and subsidizes exports in order to maximize exports and minimize imports
Jlenok [28]

Answer:

The correct answer is letter "A": A mercantilist philosophy.

Explanation:

The mercantilist philosophy is the economic approach whereby governments control their economies to reduce imports and maximize exports. It is believed that by taking such a measure, the wealth of the nation would increase as a result of the surplus in the balance of trade of the country. The trade balance is calculated by subtracting imports from exports.

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3 years ago
One hypothesis for declining productivity growth rates since the Great Recession is that technological progress has been so rapi
Mice21 [21]

Answer:

False

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From past records it is known that 10% of items from a production line are defective. If two items are selected at random, what
nadya68 [22]

Answer:

0.2

Explanation:

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