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Dafna1 [17]
2 years ago
15

Departmental Overhead Rates Lansing, Inc., provided the following data for its two producing departments:

Business
1 answer:
QveST [7]2 years ago
4 0

Answer and Explanation:

The computation is shown below:

1. Overhead rates

For Molding Deptt

= Total Estimated overhead ÷ Total Machine hours

= $400,000 ÷ 5,000

= $80 per machine hour

For Polishing Deptt

= Total Estimated overhead ÷ Total Labor hours

= $80,000 ÷ 20,000

= $4 per machine hour

2. Overheads assigned to Form A is

= (80 × 3500) + (4 × 5000)

= $300,000

Overheads assigned to Form B is

= (80 × 1500) + (4 × 15000)

= $180,000

Now

Overhead cost per unit

Form A = $300,000 ÷ 30,000 = $10 per unit

Form B = $180,000 ÷ 50,000 = $3.6 per unit

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Klio2033 [76]
The house plan drawing titled elevation shows the outside views of the house.
8 0
3 years ago
CL Inc., a new firm, used mass media to gain traction among customers. The company used sales promotions and public relations to
uysha [10]

Answer: Integrated marketing communications

Explanation: It is a system of brand messaging used by several organisations nowadays. In such a system all the branches of marketing such as advertising, promotions, public relations etc are molded together to increase the potential of the business.

In the given case CL inc. used both sales promotion and public relation for making their potential and existing customers more aware.

Hence, from the above we can conclude that Option C is correct.

5 0
3 years ago
If the mps in an economy is 0.1, government could shift the aggregate demand curve rightward by $40 billion by question 3 option
ikadub [295]

Answer:

increasing government spending by $4 billion.

Explanation:

A rightward shift of aggregate demand means that aggregate demand is increasing.

When the government increases spending, the effect on aggregate demand is given by ⇒ total change in spending x government spending multiplier

  • total change in spending = $4 billion
  • government spending multiplier = 1 / MPS = 1 / 0.1 = 10

effect on aggregate demand = $4 billion x 10 = $40 billion

7 0
2 years ago
Central City was awarded two state grants during its fiscal year ending September 30, 2020: a $2 million block grant that can be
Monica [59]

Answer:

$1 million

Explanation:

The computation of the grant revenue recognized in the fund financial statement is presented below;

Given that

The $2 million could be used for covering up the operating expense and $1 million could be used for purchasing an equipment

So as per the given situation, the $1 million should be recognized

Therefore the same should be considered

3 0
2 years ago
You are an astronaut on a deep space mission. You are in suspended animations for 40 years before you return to earth. Your pare
Harlamova29_29 [7]

Answer:

you should choose the Roth IRA

Explanation:

we have to calculate after tax return in order to determine which option is better:

  • traditional IRA account: after tax return = $2,500,000 x (1 - 30%) = $1,750,000
  • Roth IRA account: after tax return = $2,000,000, since Roth IRA's distributions are tax free

Roth IRA contributions are not tax deductible, that is why their distributions are tax free. While traditional IRA contributions are tax deductible, that is why their distributions are taxed at marginal tax rate.

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3 years ago
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