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Lera25 [3.4K]
3 years ago
12

Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct

labor-hours were 21,980 hours and the total estimated manufacturing overhead was $540,708. At the end of the year, actual direct labor-hours for the year were 21,950 hours and the actual manufacturing overhead for the year was $540,708. Overhead at the end of the year was:
Business
1 answer:
algol133 years ago
8 0

Answer:

under-applied with $738

Explanation:

<em>If Actual Overheads > Applied Overheads, we have under-applied overheads.</em>

<em>and</em>

<em>If Applied Overheads > Actual Overheads, we have over-applied overheads.</em>

<u>From the question amounts for overheads are as follows :</u>

Actual Overheads = $540,708 (given)

Applied Overheads = $540,708 / 21,980 hours x 21,950 hours = $539,970

Therefore,

Since Actual Overheads > Applied Overheads

Under-applied Overheads = $540,708 - $539,970 = $738

Conclusion :

Overhead at the end of the year was: under-applied with $738

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A

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An investment of $40,000 to generate 2,000 conversions and a CPA of $20 will help Molly with her marketing goal to generate more sales than other investment plan

4 0
3 years ago
Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million. How much m
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Answer:

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Explanation:

Giving the following information:

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n= 15 years

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A= $188,842.66

3 0
3 years ago
Gabbe Industries is a division of a major corporation. Last year the division had total sales of $31,098,000, net operating inco
miskamm [114]

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I. 14.50%

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6 0
3 years ago
Earleton Manufacturing Company has $2 billion in sales and $600,000,000 in fixed assets. Currently, the company's fixed assets a
bearhunter [10]

Answer:

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Explanation:

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7 0
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Why do you think pmi created a separate knowledge area for stakeholder management?
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