Answer:
a. $7.75 per direct labor hour.
b. Job 200 = $19,375 and Job 305 = $23,250
c. Journal
Work In Process : Job 200 $19,375 (debit)
Work In Process : Job 200 $23,250 (debit)
Overheads $42,625 (credit)
Explanation:
Predetermined factory overhead rate = Budgeted Fixed Costs ÷ Estimated Direct Labor Hours
= $620,000 ÷ 80,000
= $7.75 per direct labor hour.
Application of Overheads.
Job 200 = Actual Labor hours × Predetermined factory overhead rate
= 2,500 hours × $7.75
= $19,375
Job 305 = Actual Labor hours × Predetermined factory overhead rate
= 3,000 hours × $7.75
= $23,250
Answer:
1287 spade flushes possible in a 52-card deck.
1287 flushes in any suit.
Explanation:
We have been given that a flush in a five-card poker hand is five cards of the same suit. The suits are spades, clubs, diamonds and hearts.
To find the number of possible spade flushes in a 52-card deck, we need to find choosing 5 cards from 13 cards as a standard deck has 13 spades altogether.
Therefore, there are 1287 spade flushes possible in a 52-card deck.
Since there 1287 possible suits in spade flushes and flushes of different suits are mutually exclusive events, therefore, there will be 1287 flushes in any suit.
Answer:
Economic profit= $214,000
Explanation:
Giving the following information:
Business:
Units= 28,000 a month
Hours= 224 hours
Total cost= 150,000 a month
Selling price per unit= $15
Other work:
Income= $250 an hour
E<u>conomic profit includes the opportunity cost.</u>
Economic profit= 28,000*15 - 150,000 - 250*224
Economic profit= $214,000
Answer:
HRA
Explanation:
HRA is health reimbursement accounts (or Health Reimbursement Arrangement). This is a type of employer-funded benefit that reimburse for medical expenses of employees in specific types of cases. Money in this account can be carried at the end of the current to the next year.
So that in the case of Jenna, her current corporate company is the one funding the account. So that, the money would lose when Jenna switches to another job.
