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Mariana [72]
3 years ago
5

Kirsten believes her company's overhead costs are driven (affected) by the number of direct labor hours because the production p

rocess is very labor intensive. During the period, the company produced 5,000 units of Product A requiring a total of 1,600 labor hours and 2,500 units of Product B requiring a total of 400 labor hours. What allocation rate should be used if the company incurs overhead costs of $20,000
Business
1 answer:
Vlad1618 [11]3 years ago
5 0

Answer:

Predetermined manufacturing overhead rate= $10 per direct labor hour

Explanation:

Giving the following information:

Product A:

Direct labor hours= 1,600

Product B:

Direct labor hours= 400

Estimated overhead= $20,000

<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= 20,000/2,000

Predetermined manufacturing overhead rate= $10 per direct labor hour

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Anthony has a college savings account with $8,657 in it. He has $347 in his checking account.
sasho [114]

Answer:

$13,363

Explanation:

Net-worth is the difference between an individual's assets and liabilities. In other words, net-worth is equal to assets - liabilities.

<u> Anthony's  assets </u>

College savings account  $8,657

checking account      $347

Cash          $45

Pair of Jordan's   <u>$4500</u>

Total assets     <u>$13,549</u>

<u>His liabilities </u>

A personal loan from Yenny $186

Net-worth = $13,549- $186

=$13,363

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Nadya [2.5K]

Answer:

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U. s. treasury securities are considered risk-free because they have minimal if any, default risk.

Given that the U.S. government stands behind them with its full faith and credit, Treasury securities are among the safest investments. According to the maturity period, Treasury securities are separated into three major groups:

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You can buy any of these Treasury securities directly from the US government, through a bank, or through a broker. Despite being low-risk, treasuries do have some risks, such as being affected by inflation and interest rate changes. Treasuries have low returns because they are a secure investment. Federal taxes must be paid on interest received on Treasury securities.

To know more about Treasury securities refer to:  brainly.com/question/15004124

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