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-BARSIC- [3]
3 years ago
12

Brown Corporation uses a job-order costing system with a single plant-wide predetermined overhead rate based on machine-hours. T

he company based its predetermined overhead rate for the current year on the following data: Total machine-hours 40,000 Total fixed manufacturing overhead cost $344,000 Variable manufacturing overhead per machine-hour $3.9 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places).
Business
1 answer:
asambeis [7]3 years ago
8 0

Answer:

See below

Explanation:

With regards to the above, first we need to compute the fixed manufacturing overhead.

Fixed manufacturing overhead

= Total fixed manufacturing overhead ÷ Total machine hours

= $344,000 ÷ 40,000

= $8.6 per machine hour

Calculation of overhead applied to Job M759

Variable manufacturing overhead

= 60 machine hours × $3.9

= $234

Fixed manufacturing overhead

= 60 machine hours × $8.6

= $516

Therefore, total overhead applied to job M759 is $750

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In the process of benchmarking for a variable expense such payroll the typical metrics use are Total dollars and dollars per ava
AlexFokin [52]

Answer:

False

Explanation:

Benchmarking is a process of evaluating the overall or segmental performance of a business by comparing the performance in the relevant segment to the industry standard or to the performance of a competitor in order to identify opportunities for improvement that are within control, using .

In payroll benchmarking , relative metrics can be total cost to payroll , cost per $1000 revenue to manage payroll and others.

Total dollars and dollars per available rooms are not good metrics for payroll benchmarking.

7 0
4 years ago
In a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and selle
irina [24]

Answer: False

Explanation:

A perfectly competitive market has the following characteristics,

a. Free entry and Exit

b. Sellers sell identical goods and services

c. Sellers and buyers are price takers

d. Many buyers and sellers

e. Perfect information

Gas and Electricity do not exhibit the two primary characteristics of perfectly competitive markets. This market has characteristics of a monopoly. Entry is restricted and the there are not many sellers.


5 0
3 years ago
The first category of start-up businesses are those formed as high-growth, often high-tech, ventures and are referred to as ____
Cloud [144]

The first category of start-up businesses are those formed as high-growth, often high-tech, ventures and are referred to as venture capital-backed firms.

<h3>What is venture capital?</h3>

Venture capital can be defined as a business financing strategy meant for startups which require high capital but also have high risk in return.

It is to be noted that a venture capital firms use their control of the companies they invest in to protect those investments.  

Learn more about venture capital here : brainly.com/question/15381642

#SPJ1

3 0
2 years ago
Certain real options allow companies to change capacity output in response to changing market conditions. True or False: The pre
docker41 [41]

Answer:

True

Explanation:

Real options include basically the option to get involved in projects involving real assets, as like building, land, machinery that is tangible assets or there is an option to choose securities.

These options provide for the growth of company by increasing their capacity to produce and that the company shall grow with the aim of producing and doing the business with more capacity to generate revenue.

8 0
4 years ago
Katie dislikes almost everything about her job. the only reason she continues to work at mace auto body is the excellent benefit
irakobra [83]
Hi there!

Katie is driven by money, or her financial needs. 

Since she has no reason to work at her job if she doesn't like working there other than her salary, this means that she is driven by the amount of money she earns, not her passion or like. 

Hope this helps!
7 0
3 years ago
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