The government claimed that, to illegally control the market, Microsoft used

Trust Company applies overhead based on direct labor hours. At the beginning of the year, Trust estimates overhead to be $700,00

Svetradugi [14.3K]

Answer:

$100,000

Explanation:

Data provided in the question:

Estimated overhead = $700,000

Estimated machine hours = 200,000

Estimated Direct labor hours = 35,000

Direct labor hours for February = 5,000

Now,

The Predetermined Overhead Rate is calculated as

= ( Estimated Overhead Cost ) ÷ ( Estimated Direct Labor hour )

or

Predetermined Overhead Rate = $700,000 ÷ 35,000

or

Predetermined Overhead Rate = 20 per direct labor hour

Therefore,

The amount of overhead applied for February

= Predetermined Overhead Rate × Direct labor hours for February

= 5,000 × $20

= $100,000

6 0

3 years ago

When projecting the balance sheet, what happens when the initial balance sheet yields estimated total assets greater than the su

Furkat [3]

Answer:

The correct answer is E

Explanation:

Assets is the one, which is any kind of resourced owned by the business and could be used in future for the benefit of the business. So, in this case, the balance sheet, states that the estimated total assets are more than the total equity and the liabilities, which represent that the company or the business is in good state that the liabilities of the company are paid off and the equity is also balanced, the company is still in good situations as have the total assets.

3 0

3 years ago

Which scenario best describes purchasing property insurance? Mitchell buys insurance to protect his new stereo system. Carmen ge

Yuki888 [10]

Answer:

Lee buys insurance to protect her home after crime rates go up

Explanation: Property insurance gives protection against majority of risks that can occur to a property.

Homeowners and Renters insurance are two types of property insurance. They usually provide insurance against personal property.

Carmen insuring her car is known as motor vehicle insurance.

4 0

4 years ago

Read 2 more answers

Mcclelland's research suggests that the need for achievement is?

goldenfox [79]

It is the desire to attain an aim that pushes a person to work and even fight. People with high success needs strive to attain their goals by avoiding low-reward, low-risk scenarios and difficult-to-achieve, high-risk ones.

<h3>When was McClelland's theory of needs developed?</h3>

In the 1960s, American psychologist David McClelland established his needs theory, now known as the Achievement Theory of Motivation.
This idea is still widely used in psychology and academics, but it is also beneficial to business leaders and managers.
The more you understand about the psychology of human motivation, the more prepared you will be to motivate your staff effectively.
According to McClelland's thesis, everyone is motivated by one of three needs: success, affiliation, or power.

Learn more about McClelland's theory refer

brainly.com/question/16002769

#SPJ4

4 0

2 years ago

Which of the following is not a positive of having a large trade deficit? A. A large trade deficit can signal the positive expe

krok68 [10]

The answer for this one is B

3 0

3 years ago