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sleet_krkn [62]
3 years ago
8

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

t labor-hours were 11,200 hours and the total estimated manufacturing overhead was $259,840. At the end of the year, actual direct labor-hours for the year were 10,800 hours and the actual manufacturing overhead for the year was $254,840. Overhead at the end of the year was:
Business
1 answer:
Yuliya22 [10]3 years ago
4 0

Answer:

$4,280 under applied

Explanation:

Given that;

Estimated direct labor hours = 11,200

Estimated manufacturing overhead = $259,840

Estimated rate per hour = $259,840 ÷ 11,200 = $23.2

Actual labor hours = 10,800

Estimated overhead for actual hours

= 10,800 × $23.2

= $250,560

Actual overheads incurred = $254,840

Hence, actual overheads are under absorbed by

= $254,840 - $250,560

= $4,280

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Explain how the following event would affect the cost curves A company's primary supplier of resources implements a 3 percent pr
Alenkasestr [34]

Answer:

Marginal cost, average variable cost, and average total cost will increase. Average fixed cost will not change.

Explanation:

Marginal Cost is the change in total cost as a result of producing one extra unit of output.

Variable cost is cost that varies with output level. Average variable cost = variable cost / quantity produced

Fixed cost is cost that doesn't vary with the level of output produced. Average fixed cost = Fixed cost / quantity produced.

Total cost is the sum of fixed and variable cost. average total cost is total cost / quantity produced.

If the price of supplies increase, the cost of production increases and average total cost, average variable cost and marginal cost would increase.

Fixed cost would remain the same.

I hope my answer helps you

5 0
3 years ago
Reporting Uncollectible Accounts and Accounts Receivable
hjlf

Solution :

                                                         Account          Estimated           Estimated          

                                                         receivable          loss%               bad debts

Current                                              250,000              0.5                     1250

1-30 days of past due                       90,000                 1.0                       900

31-60 days of past due                     20,000                  2.0                     400

61-120 days of past due                    11,000                    5.0                      550

121-180 days of past due                   6,000                    10.0                     600

Over 180 days of past due                4,000                    25.0                   1000

Total account receivable                 381,000                                             4700

a). The amount for the bad debts expense is = 4700 - (4350 - 3830)

                                                                          = 4180

b). Balance in the accounts receivable

     Accounts receivable                                              =   381,000

     Less : allowance for bad debts                             =      - 4180

     Net realizable value of the accounts receivable =  376,820

c).      Bad debts expense

     a).           4180

     Balance: 4180

The allowance for un-collectible account

Beg. Bal   :       4350    

write off   :        3830

a).                     4180

Balance            4700                      

6 0
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when the parent company of a foreign subsidiary believes that all of its investment in the subsidiary is exposed to foreign exch
katrin [286]

Answer:

Current rate method

Explanation:

Translation is defined as the conversion of financial statement of a foreign subsidiary from the foreign currency to local currency.

This is done to reduce the effect of foreign exchange risk.

If a foreign subsidiary is exposed to foreign exchange risk the best translation method is the current rate method.

Current rate method uses the current exchange rate in translation.

Translation is used when the local currency is the functional currency of the company.

7 0
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When a manufacturer directs the promotional mix to final customers to gain their attention and build demand for the product, it
zepelin [54]

When a manufacturer directs the promotional mix to final customers to gain their attention and build demand for the product, it is using a <u>pull</u> <u>marketing</u> strategy.

The goal of pull marketing is to create loyal customers by providing marketing materials that showcase what they’re looking for. As it is best for when you want to draw attention of the consumers to your product.

A pull marketing requires high spending on advertising and consumer promotion to build up consumer demand for a product. For instance, to spend on heavy advertising of new launches of gadgets.

Hence, in the age of consumers educating themselves on products and services, pull marketing has become vital to markets with heavy saturation, like new apps or clothing companies.

To learn more about pull marketing here:

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6 0
2 years ago
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Talja [164]

Answer:  Power  

                                           

Explanation: In simple words, power refers to the need in which one aims to gain authority and recognition in which their subordinate and colleagues values them and behaves with them in utmost respect.

Usually, such need brings conflicts in group as if any issue arises the one in the power always wins and the other will always loose no matter who was wrong and who was right.

People in this category usually employs high discipline and remain inn need for a tweeter personal recognition.

5 0
3 years ago
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