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Margaret [11]
3 years ago
11

The management of Blue Ocean Company estimates that 50,000 machine-hours will be required to support the production planned for

the year. It also estimates $300,000 of total fixed manufacturing overhead cost for the coming year and $4 of variable manufacturing overhead cost per machine-hour. What is the predetermined overhead rate?
Business
1 answer:
bezimeni [28]3 years ago
6 0

Answer:

The answer is: The predetermined overhead rate is $10 per machine hour.

Explanation:

We must first determine the total overhead cost:

total overhead = fixed overhead cost + (variable overhead x machine hours)

total overhead = $300,000 + ($4 x 50,000) = $500,000

To get the predetermined overhead cost we divide the total overhead cost over the estimated machine hours.

Predetermined overhead cost = $500,000 / 50,000 = $10 per machine hour

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Holton Company has the following equivalent units for July: materials 20,000 and conversion 18,000. Production cost data are:
miskamm [114]

Answer:

$3.55; $3.13

Explanation:

Calculation to determine what The unit production costs for July are:

Using this formula

Unit product cost = (Beginning work in progress + Cost added) / Number of units

MATERIALS

Unit product cost=($8000+$63,000) / 20,000 units

Unit product cost=$71,000/20,000

Unit product cost=$3.55

CONVERSION

Unit product cost = ($3750+$52500) / 18,000

Unit product cost=$56,250/18,000

Unit product cost=$3.125

Unit product cost=$3.13 (Approximately)

Therefore The unit production costs for July are:$3.55; $3.13

6 0
2 years ago
A _____ is an organizational group responsible for coordinating the project management function throughout an organization. a. P
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Answer:

Project Management Office is the correct answer.

Explanation:

Project Management Office is a department that focuses on and maintains the quality and overview of project management throughout the organization.

The objective of the Project Management Office is to give a platform that supports all the project teams to achieve and improve the chances of successful outcomes.

5 0
3 years ago
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Lesechka [4]

Answer:

fixed-position

Explanation:

3 0
2 years ago
Joseph owns a small business in his hometown, he but would like to expand his
Alja [10]

Answer:

i guess its letter D.

D. Advertising because he can have commercials on all the local TV or radio stations to attract

new customers.

Explanation:

#HOPE IT HELPS

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7 0
2 years ago
Suppose you have $100 in a saving account earning 2 percent interest a year.after five year how much would you have
arlik [135]

Answer: Roughly $110.40

Explanation:

100 x (1.02)^5

The 1.02 is just 100 percent of the number plus the 2 percent interest you make.

6 0
2 years ago
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