Based on the labor hours and the overhead rate as well as the fixed cost, the total budgeted overhead cost will be $12,500.
<h3>What is the budgeted overhead cost?</h3>
This can be found as:
= (Variable cost per labor hour x Number of labor hours) + Fixed overhead cost
Solving gives:
= (20 x 600) + 500
= 12,000 + 500
= $12,500
In conclusion, the total overhead cost that would be budgeted is $12,500.
Find out more on budgeted costs at brainly.com/question/25406806.
The cost of goods manufactured during the period would be the $15000 + $28000 + $23000 is $66000. In other words, the costs are the total amount of costs added up for all three of the projects since goods were presumably produced by all three projects.
Answer:
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Answer:
D.) producer surplus equals the total amount firms receive from consumers minus the cost of production
Answer:
a. Realized gain = $45,330
Recognized gain = $0
b. $302,200
Explanation:
a. The realized gain is the increase in Camilo's economic position, that is, the difference between the fair market value of both properties. The recognized gain is the taxable gain, which is zero in this situation, since the new property is a compensation.
b. Since there is no recognized gain, the new property must have the same basis as the previous condemned property, which is $302,200.
