Answer:
The correct answer is $28.
Explanation:
According to the scenario, the given data are as follows:
Estimated indirect cost = $170,000
Direct labor hours = 6,000 hours
Direct hour rate = $250
So, we can calculate the predetermined overhead allocation rate per direct labor hour by using following formula:
Predetermined Overhead allocation Rate per direct labor hour = Estimated Indirect cost / Total direct labor hour
= $170,000 / 6000 hours
= $28.33 per hour
= $28 per hour.
Hence, the predetermined overhead allocation rate per direct labor hour is $28.
Answer:
$71,340
Explanation:
The computation of the cost of inventory is shown below:
= Purchase value of inventory - discount charges + freight charges
where,
Purchase value of an inventory = $72,000
Discount charges = $72,000 × 3% = $2,160
Freight charges = $1,500
So, the cost of inventory is
= $72,000 - $2,160 + $1,500
= $71,340
The discount terms is 3% if payment is made within 10 days and total time of payment is 30 days instead of 33%
Answer:
$186,750
Explanation:
Urgent Messenger Service,INCOME STATEMENT for the year ended
Fees Earned 724,500
Less Expenses:
Salaries expenses 393,100
Rent expenses 75,000
Utilities expense 41,200
Depreciation expenses 10,650
Miscellaneous expenses 6,650
Supplies expense 6,150
Insurance expense 5,000
Net income (724,500-537,750 ) 186,750
Answer:
B
Explanation:
i think that is it but if I am wrong sorry
The bundle that is going to maximize profit is going to be Late
<h3>How to find the bundle that would maximize profit</h3>
we have the net profit from early to be 7 + 5 = 12
We have the net profit from late to 6 + 10 = 16
We can see that the value for late is greater at 16 compared to that of the early.
Hence we can say that late has the greatest profit.
Next we have to solve for the profit that is made. This is the net profit.
The solution is given as 16 - 12 = 4
<h3>What is profit maximization</h3>
This is the process where by businesses would try to get the best output possible from the given inputs that they would use in the business. It goal is to be able to maximize the returns that they would make.
Read more on profit maximization here:
brainly.com/question/13464288
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