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aliya0001 [1]
3 years ago
14

Martinez, Inc. manufactures a set of high-end computer storage systems for use by offices around the city. At the start of 2021,

management built the budget for the upcoming year. The manufacturing department of Martinez, Inc. estimated 12,000 units to be produced, $1.69 per unit of production in variable manufacturing overhead and $360,000 in total fixed costs for 2021. Assuming Martinez, Inc. applies manufacturing overhead based on the actual number of units produced, what is the predetermined overhead rate for the year? Round your final answer to two decimals.
Business
1 answer:
Margarita [4]3 years ago
4 0

Answer:

$30 per unit

Explanation:

Predetermined overhead rate for the year is computed as;

= Estimated manufacturing overhead / Estimated units to be produced

Given that;

Estimated manufacturing overhead = $360,000

Estimated units to be produced = 12,000 units

Predetermined overhead rate = $360,000/12,000 = $30 per unit

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You have just finished preparing a formal report on a proposed company merger. You are about to complete your title page. What s
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Answer:

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Some of them include an <em>abstract </em>at the bottom of the page adding a brief summary of the content, usually to attract the reader.

7 0
3 years ago
The expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is 0.8 and the beta of B is 1.5.
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Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

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4 years ago
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8 0
3 years ago
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