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4 years ago

Use the following information to answer questions 1-3.

Business

1 answer:

Tom [10]4 years ago

5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Christine Corporation manufactures baseball uniforms and uses budgeted machine-hours to allocate variable manufacturing overhead.

Budgeted Machine-Hours= 15,000 hours

Overhead Costs for 15,000 hours= 180,000

1) To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 180,000/15,000=$12 per machine hour

2) Manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity

Manufacturing overhead spending variance= (12 - 180,000/14,000)*14,000

Manufacturing overhead spending variance= $12,000 unfavorable

3) Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 12*14,000= $168,000

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Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data perta

Ganezh [65]

Answer:

Activity Rates

Consultation $150

Drawings $58

Modeling $0.7

supervision $190

Billings $1037.5

Collections $1642.5

Total overhead allocated: $ 126,826

Explanation:

First, we divide the cost of each activity over the base total to get the rate.

$\left[\begin{array}{ccccc}$Activity&Driver&cost&Total&Rate\\$Consultation&$contact hours&315000&2100&150\\$Drawings&$desing hours&104400&1800&58\\$Modeling&$square feet&32200&46000&0.7\\$supervision&$days&228000&1200&190\\$Billings&$jobs&8300&8&1037.5\\$Collections&$jobs&13140&8&1642.5\\\end{array}\right]$

Now we apply this rate against the job activity measurement:

$\left[\begin{array}{ccccc}$Activity&Job&$Rate&$Allocated\\$Consultation&410&150&61500\\$Drawings&352&58&20416&\\$Modeling&7400&0.7&5180&\\$supervision&195&190&37050&\\$Billings&1&1037.5&1037.5&\\$Collections&1&1642.5&1642.5&\\$Total&&&126826&\\\end{array}\right]$

3 0

4 years ago

Write an essay corruption is the root cause of the social ills plague the society

Inga [223]

Answer:

corruption is the root of social ills because those that are in power take money for their own use and that money was supposed to buy medication for the country

6 0

3 years ago

Selling price per unit = £0.63

ikadub [295]

Answer:

368 units

Explanation:

The Break-even point is calculated by dividing fixed cost by the contribution margin per unit.

Fixed cost = £140

Contribution margin per unit = Selling price per unit - variable cost per unit

Selling price = £0.63 : Variable cost : £0.25

Contribution margin per units =£0.63 - £0.25

=£0.38

Break-even point = £140 / £0.38

=368.42

=368 units

5 0

3 years ago

The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations: Jan. 20 Purchased 400 units

viva [34]

Answer:

WA 1,682

LIFO 910

FIFO 2,260

Explanation:

$\left[\begin{array}{cccc}Date&Cost&Units&Subtotal\\$Jan 20th&8&400&3200\\$April 21th&10&200&2000\\$July 25th&13&280&3640\\$Sept 19th&15&90&1350\\$Total&10.51&970&10190\\\end{array}\right]$

We add the units purchase and the subtotal to get the total units available for sale.

Ending inventory physical units: 970 - 810 = 160 units

<u>Then, we calculate for each method:</u>

Weighted average:

cost of goods / available units = 10,190 / 970 = 10.51

160 units x 10.51 = 1,681.6‬

LIFO:

Ending inventory will be the oldest units:

160 units x 8 = 960

FIFO:

Ending inventory will be the newest units as the units are sold as soon as they come in

90 x 15 = 1,350

70 x 13 = 910

Total 2,260

5 0

4 years ago

mcdonalds, burger king, pizza hut and KFc retaurastand all operate in different countries are best characterized as what kind of

Papessa [141]

Answer:

multi-domestic corporation

Explanation:

A multi-domestic corporation are the localized form of multinational corporations. They operate through domestic channels. The management is headed by the domestic operations. The managers and operations are the local personnel who make the decisions and make significant changes in the respective countries. The management of McDonalds, Burger King, Pizza Hut and KFC comprises of the local team in every country. The decisions and regulations are termed in accordance to the culture, environment and market of the particular country.

7 0

3 years ago