ABC Company estimates total overhead costs to be $1,200,000 and will apply overhead to units produced based on 200,000 estimated machine hours. During the year ABC Company incurred actual overhead costs of $1,250,000 and achieved 250,000 machine hours. ABC Company's predetermined overhead rate is:

Answers

Answer 1

Answer:

$6 per machine hour

Explanation:

Predetermined overhead rate=Estimated total overhead/Estimated machine hours

Predetermined overhead rate = $1,200,000 / 200,000 hours  

Predetermined overhead rate = $6 per machine hour.

Thus, the predetermined overhead rate is $6 per machine hour


Related Questions

Which root of insurgency discusses how foreign businesses can dominate critical portions?

Answers

Answer: Occupation or exploitation

Explanation:

The root of insurgency that discusses how foreign businesses can dominate critical portions is referred to as occupation or exploitation.

Foreign business should exploit the local market and take advantage of economies of scale in order to break into such market. One way to exploit I by studying the local market very well and understanding what it entails and what it needs ti further develop which they can use to their advantage.

Shivaram and Kiran are buying a home in a new subdivision. Due to all of the subdivisions in the area, a new elementary school is being built. Additionally, a new area park is planned. Shivaram and Kiran have been informed the taxes on their new home are substantially higher than their previous property. Why

Answers

Answer:

The Mello-Roos Community Facilities Act of 1982

Explanation:

The Community Facilities Act enacted in 1982 with the motive to generate the alternative method of financing required to improve every type of services with respect to schools, areas, etc

Here in the question, it is mentioned that there is plan of new area park and also the new home taxes are more than the last property they have. This is done due to this above act

hence, the same is to be considered

If a short-run equilibrium occurs at a level of output above the natural rate, then in the transition to the long run prices will ______, and output will ______.

Answers

Answer: increase; decrease

Explanation:

An economy is said to be in short run equilibrium when when the quantity of the total output that is supplied by the producers in the economy is equal to the quantity of the aggregate output that is demanded by the consumers.

If short-run equilibrium occurs at a level of output above the natural rate, then in the transition to the long run prices will increase and output will decrease.

The type of layout where similar activities are grouped together in departments or work centers according to the function they perform is known as a

Answers

Answer: process layout

Explanation:

Process layouts has to do with the grouping of resources based on their similarity in processes.

It is the type of layout where similar activities are grouped together in departments or work centers according to the function they perform.

During a resuscitation, the team leader assigns team roles and tasks to each member. You recognize that a task has been overlooked. Which is the most appropriate action

Answers

Answer:

fill that overlooked role

Explanation:

In a scenario such as this one, the most appropriate action would be to fill that overlooked role. During a resuscitation, every second counts and all the members of a team are trained to handle these situations, therefore if a role has been overlooked by the team leader the other members need to fill that role as quickly as possible as long as they are not currently occupied with another role. Doing so will save time and potentially a life.

Gundy Company expects to produce 1,200,000 units of Product XX in 2017. Monthly production is expected to range from 80,000 to 120,000 units.
Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1.
In March 2017, the company incurs the following costs in producing 100,000 units: direct materials $520,000, direct labor $596,000, and variable overhead $805,000. Actual fixed costs were equal to budgeted fixed costs.
Required:
1. Prepare a flexible budget report for March.
2. Were costs controlled?

Answers

Answer:

Gundy Company

Flexible production budget report

For the month of March, 202x

                                               budgeted        actual            variance

                                               costs                costs

Units produced                      100,000           100,000              -

Variable costs:

direct materials              $500,000       $520,000      $20,000 Udirect labor                     $600,000       $596,000        $4,000 Fvariable overhead          $800,000       $805,000       $5,000 U

Fixed costs:

Depreciation                   $200,000       $200,000            -Supervision                     $100,000        $100,000             -

Generally when we say that costs were controlled or under control, we mean that actual costs were equal or less than the budgeted costs. Only direct labor and fixed costs can be considered controlled, since we have unfavorable variances for direct materials and overhead.

A quantitative method used to evaluate multiple locations based on total cost of production or service operations is called:

Answers

Answer:

Load-distance method.

Explanation:

Load-distance method is a technique of making facility location decisions by an organization. In this method, different facility locations are assigned a load-stance value (it is a measure of the weight of the load to be transported and the distance) and the different facilities are evaluated on the basis of this value. The location with the minimum load-distance will have minimum transportation cost; so, this location will be preferred over the other locations.

The break-even analysis is a financial calculation that calculates the cost of the new business and services against the units sold to determine the point of the break-even.

The analysis is thus a method to evaluable the multiple locations on the total oats of the production nd the operations.

Learn more about the used to evaluate multiple locations based.

https://brainly.com/question/9787034

According to Accenture's Technology Vision 2014, becoming a(n) _______ is crucial to how enterprises innovate and differentiate from competitors.

Answers

Answer:

Truly digital business.

Explanation:

Accenture's technology team are seen to take researches on companies that have technological features are most times results from their desk are set to be criterion or bench mark to tech development to ever company that wants/have dealings with technological materials.

Their approach compels firms to savage tech opportunities, utilizing them for the growth of their companies. Therefore companies that aim at growing further in this form in era like this details that everyone has an app. Furthermore, companies that are dominating in the mobile space don’t stop at offering. Also companies that put digital at the center of what they do know where their customers are attacking them rightly or not.

Match each example of a study to the type of method used. researchers develop a survey and ask the same questions to 40,000 randomly selected people. researchers interview or survey the same 1,000 families every 5 years over a 40-year period. researchers conduct long interviews with open-ended questions with 40 couples. researchers observed 15 families in their homes over a period of 1 year. researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week.

Answers

Answer:

1. Researchers develop a survey and ask the same questions to 40,000 randomly selected people. - Sample Survey

Sample surveys involve using a subset of the population that is randomly selected as the basis for the research.

2. Researchers interview or survey the same 1,000 families every 5 years over a 40-year period. - Longitudinal survey

In a Longitudinal survey, participants are observed and studied at regular intervals over a period of time which can either be long or short term.

3. Researchers conduct long interviews with open-ended questions with 40 couples. - In-depth Interviews

In-depth interviews aim to find out as much on a topic as possible and as such can take some time to complete. Questions are usually open ended so subjects can express themselves fully.

4. Researchers observed 15 families in their homes over a period of 1 year. - Observation

Observational study involves observing the subjects often in their natural settings.

5. Researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week. - Time use studies.

Time use studies are studies on the way people spend their time which is what the researchers here hope to find out.

"For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the:"

Answers

Answer:

ability of the program to generate losses for tax purposes but provide positive cash flow.

Explanation:

A business impact analysis (BIA) identifies threats, vulnerabilities, and potential attacks to determine what controls can protect the information.

Answers

Answer:

The correct answer is: False.

Explanation:

To begin with, the name of "Business Impact Analysis" or BIA, in the field of business, refers to the strategy or process that focus on the analysis of the organization when an emergency happens and to see how that surprise event has affected the company's operations. So that is why that this method determines and evaluates all the potential effects that the disaster had on the structure of the organization and how that impact could be resolve by the managers and the whole crew of employees.

Sam filed a discrimination case against his employer with the Equal Employment Opportunity Commission (EEOC). The EEOC sent a notice of charge to Sam's employer. In this scenario, which of the following is most likely to be the immediate next step in the process of bringing a discrimination claim with the EEOC?

a. Both Sam and his employer will receive a referral to mediation from the EEOC, if appropriate.
b. The EEOC will issue a right-to-sue letter to Sam.
c. Both Sam and his employer will have to offer evidence to the U.S. Supreme Court as soon as the notice of charge is issued.
d. The EEOC will immediately investigate the claim.

Answers

Answer:

The correct answer is the option A: Both Sam and his employer will receive a referral to mediation from the EEOC, if appropiate.

Explanation:

To begin with, the U. S. Equal Employment Opportunity Commission or EEOC is the name given to a federal agency in the United States whose main purpose is to manages and enforces civil rights laws against workplace discrimination that people might suffered from their employers. Therefore that in the cases where the employee presents a discrimination case against his employer, then after the receival from both parties of the notice of charge from the EEOC, the Commission will send a referral to mediation due to the fact that is the most easy and cheap way to continue the case from both sides, thanks to that maybe an agreement between them could be arranged.

To satisfy their economic wants, people ______ goods and services.

Answers

Answer: Consume.

Explanation: To satisfy their wants humans tends to consume goods and services. consumes in this sentence is used to indicate the Human purchasing power to sati their needs. And what are human needs this are what we need to survive on a daily basis mainly food, clothes and shelter. So by consuming goods and services we are satisfying our need.

Answer:

Answer: Consume.

Explanation:

"A Registered Investment Adviser has a retired client who wishes to put aside funds for the purchase of a car 5 years from now. Preservation of capital is important to this client. The RIA should recommend investments in:"

Answers

Answer:

C. I, II, III

Explanation:

As it is mentioned that the customer wants the funds for the 5 years and the preservation of the capital is significant to the client.

In this, the certificate of bank and the money market is relevant, also the 5 year treasury bond is considered as the fund is required for 5 years so it would be matured till that time

But the treasury strips for the 30 days is not considered as the given time period is 5 years but it is only for 30 days

Hence, the correct option is C.

For Feigenbaum, quality criteria always constitute… Group of answer choices a moving target in a competitive world a function of variation in measurable parameters a set of objectifiable product parameters some combination of reliability and validity

Answers

Answer:

a moving target in a competitive world

Explanation:

Armand Feigenbaum was widely known as an American quality control expert, who in his book, titled "Total Quality Control" suggested that quality is a productive system for incorporating the product and service development, quality sustenance and development actions for the purpose of providing products and services at the largely inexpensive degrees, which give full customer satisfaction.

He concluded that quality and accordingly customer value judgments are a moving target in a competitive market.

Therefore, For Feigenbaum, quality criteria always constitute "a moving target in a competitive world."

Kayden decided to attend college and gain a degree in accounting. He is now starting his degree. The yearly cost of tuition is $10,000 and he left his auto mechanic shop management job giving up a $32,000 a year to attend college. Kayden’s decision resulted in

Answers

Answer:

opportunity cost of $32,000

explicit cost of $10,000

Explanation:

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

the decision to leave his job is the opportunity cost of attending college. So, the opportunity cost is the income he would be forgoing to attend college.

the tuition fee he pays is the explicit cost. explicit cost is the actual cost incurred in carrying out a particular action

five type of advertising​

Answers

Answer:

The types of advertising are many but i grouped them into 5 ;

Media Advertising : Through Television  , radioPrint advertising : Through newspaper , flyers , brochures  magazinesSocial media advertising ; Online Display advertising : Through billboards and Signboard Directories

Explanation:

Mary was shopping in a clothing store. She had $100 to spend. She found three items she liked: $99 for a pair of shoes, $98 for a jacket, and $96 for a dress. After over an hour of shopping, she decided to buy the jacket for $98. What was her opportunity cost?

Answers

Answer:

    She have two opportunity cost: 1. Shoes

                                                          2. Dress

   With the return back money of $2

            Opportunity cost is the return of a foregone option less than the return on your chosen option.

Presented below is net asset information related to the Marin Division of Santana, Inc.

Cash $64
Accounts receivable 213
Property, plant, and equipment (net) 2,608
Goodwill 214
Less: Notes payable (2,603)
Net assets $496

The purpose of the Larkspur Division is to develop a nuclear-powered aircraft. If successful, traveling delays associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding whether a write-down at this time is appropriate. Management estimated its future net cash flows from the project to be $410 million. Management has also received an offer to purchase the division for $335 million (deemed an appropriate fair value). All identifiable assets’ and liabilities’ book and fair value amounts are the same.

Required:
Prepare the journal entry to record the impairment at December 31, 2017.

Answers

Answer:

Entry is given below

Explanation:

Loss on impairment can be calculated bt deducting the carrying value of goodwill which is 214m here from the implied goodwill

ENTRY  

                                      Debit           Credit

Loss on impairment      $161  

To goodwill                                          $161

Working

The Fair value of division                                                    $335

Less: carrying amount net of goodwill ($496-$214)          ($282)

Implied goodwill                                                                    $53

Less: carrying value of goodwill                                        ($214)

Loss on impairment                                                              $161 m

.

ou work for a company that manufactures food products. A new "wonder food" contains only carbon, oxygen, and hydrogen. At this point, your research can say with certainty that the food ______.

Answers

Answer: B)does not include proteins or nucleic acids.

Explanation:

Carbon, oxygen, and hydrogen are very important elements in the production of various compounds that result in food for the human race and perhaps the most popular of those is carbohydrates.

They are also important in the formation of Proteins and nucleic acids. In these two however, the aforementioned elements need another element to form them. That element would be Nitrogen. As this new wonder food is lacking in nitrogen it can be confidently said that it does not include any proteins or nucleic acids.

Marlene works in a manufacturing facility, Carz Parts. Throughout the building there were posters and calendars of a sexually explicit nature, making Marlene very uncomfortable. Carz Parts:________

a. Practices sexual discrimination.
b. has no legal worries because Marlene is not suffering any economic injury.
c. has no legal worries because none of the offensive materials are directed at Marlene.
d. has a hostile work environment.
e. is engaging in quid pro quo harassment.

Answers

Answer:

d. has a hostile work environment.

Explanation:

Based on this scenario, it seems that Carz Parts has a hostile work environment. This is a work environment that is created by a boss or coworker whose actions, communication or behavior make doing your job impossible by altered the terms, conditions, and/or reasonable expectations of a comfortable work environment. Which in this scenario, the sexually explicit posters were put up and/or allowed by the boss, and since the posters make Marlene very uncomfortable which prevents her from doing her job correctly the boss has therefore created a hostile work environment.

Why is a football game on ESPN a quasi-public good but a game on the NBC, CBS, or ABC is a public good

Answers

Answer:

The correct answer is explained below.

Explanation:

To begin with, the concept of a "Quasi-public good" refers to the type of good  that has the characteristics of both the private goods and the public goods. A common example of them are the roads and the tunnels. These goods has partial excludability, partial rivalry, partial diminishability and partial rejectability and the market for them are considered to be incomplete markets.

Secondly, when it comes to the football game on ESPN the good is considered to be a quasi-public one due to the fact that the channel is only for sports and the company provides the service to the operator who provides it to the consumer who wants that specific service and it does it after collecting some charges for telecasting the channel and that is why the good is quasi-public.

Capital budgeting decisions include ______. increasing the salary of the current company president hiring new factory workers acquiring a new facility to increase capacity deciding to replace old equipment purchasing new equipment to reduce cost determining which equipment to purchase among available al

Answers

Answer:

a.) acquiring a new facility to increase capacity

b.) deciding to replace old equipment

c.) purchasing new equipment to reduce cost

e.) determining which equipment to purchase among available alternatives

f.) choosing to lease or buy new equipment

Explanation:

Capital budgeting refers to the process in which the business analyzed which planned fixed asset should be purchased or not.

The decision is based on whether the fixed asset should provide you better return after invested it or not and choose that fixed asset that generated a better return at minimum cost

Therefore it includes the above answers

West Corp. issued 16-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM?

Answers

Answer:

the YTM of the bond is 9.63%.

Explanation:

Bonds price in most countries is usually expressed per $100. Taking this price into account, the Yield to Maturity (YTM) would be calculated as follows :

Pv = $100 × 99% =  - $99

n = 14 × 2 = 28

pmt = ($100 × 9.5 %) ÷ 2 = $4.75

p/ yr = 2

Fv = $100

YTM = ?

Using a Financial Calculator, the yield to maturity, YTM is 9.6316 or 9.63%.

If the market price of a product is between the minimum average variable cost (AVC) and minimum average total cost (ATC) of a firm, that firm will:___________
a) always shut down.
b) always continue to produce.
c) produce in the short run but shut down in the long run.
d) produce in the long run but shut down in the short run.
e) make positive economic profits.

Answers

Answer:

c) produce in the short run but shut down in the long run.

Explanation:

Option C is correct because the price charged is above the average variable cost which means the firm is still covering its variable cost of production. Moreover, if the firm still continues the same in the long run then it will shut down its operation. But if the price charged is below or equal to average variable cost then the firm will shut down its production even in the short run.

Suppose demand is given by Qxd = 50 − 4Px + 6Py + Ax, where Px = $4, Py = $2, and Ax = $50. A is the amount of the advertising. What is the quantity demanded of good x?

Answers

Answer: 96

Explanation:

Since the demand is given by:

Qxd = 50 − 4Px + 6Py + Ax,

where Px = $4,

Py = $2, and

Ax = $50.

where A is the amount of the advertising.

The quantity demanded of good x will be:

Qxd = 50 − 4Px + 6Py + Ax

= 50 - 4(4) + 6(2) + 50

= 50 - 16 + 12 + 50

= 1112 - 16

= 96

WalMart grants credit to consumers who purchase for personal or family use. This type of credit is called:

Answers

Answer:

consumer credit

Explanation:

The type of credit being mentioned is known as consumer credit. This is a personal debt taken on by the future consumer in order to be able to purchase goods and/or services. This includes any type of personal loan used for this reason such as a credit card, mortgage loan, or even a store grant like the one that WalMart is providing in this scenario. Such store loans are usually given to individuals which will buy the goods and services from the store that provided the loan.

To maximize profit, a monopolist will produce and sell a quantity such that for the last unit sold, marginal revenue equals marginal cost, and charges a price given by the demand curve at that output level.

a. True
b. False

Answers

Answer:

True.

Explanation:

True, the statement given is true because the profit maximization condition of the monopolist is “MR=MC” and it charges the price that is derived from the demand curve. For a monopolist, the demand curve and the marginal revenue (MR) curve is downward sloping. Therefore, the point where the marginal cost (MC) curve cuts the marginal revenue (MR) curve is the profit-maximizing point.

Which of the following contributed most to early people’s ability to produce food?

Answers

Answer:

The answer is "The end of the Ice Age."

Explanation:

Answer:

B for the end of the ice age

Explanation:

hope you do good on your test.

Which of the following is true about competitive pricing? a. It is set by covering costs only. b. It is set by figuring out just how much a customer is willing to pay and pricing near that mark. c. It is at a medium level, somewhere in between extremes, using competitors’ prices as a starting point, and adjusting from there. d. It is set by covering costs and then adding some margin.

Answers

Answer: c. It is at a medium level, somewhere in between extremes, using competitors' prices as a starting point, and adjusting from there.

Explanation:

There is a lot of competition going on in most markets as this competition continues brands begin to look at what each other is doing to be able to beat themselves in the market. They understand that a good price and assured product will make them either loose or gain more clients and customers. This makes them focus on the price of each other and adjust or make out their own price from there.

Companies and firms often engage in competitive pricing. The true statement about competitive pricing is that It is at a medium level, somewhere in between extremes, using competitors’ prices as a starting point, and adjusting from there.

Competitive pricing is simply known as the act of selecting strategic price points to use in taking a degree of advantage of a product or service based market when compared to its competition.

It is a pricing method that is often used by businesses selling similar products

This type of pricing strategy is often used when a price for a product or service has attained a level of equilibrium.

Learn more from

https://brainly.com/question/9210877

Other Questions
$33 for 6 sandwiches find the unit rate What is the value of x + y Sole the triangle by finding the length of DF and the measures of all the angles Presented below is income statement information of the Schefter Corporation for the year ended December 31, 2013. Sales revenue $ 492,000 Salaries expense 80,000 Interest revenue 6,000 Advertising expense 10,000 Gain on sale of investments 8,000 Cost of goods sold 284,000 Insurance expense 12,000 Interest expense 4,000 Income tax expense 30,000 Depreciation expense 20,000 Required:Prepare the necessary closing entries at December 31, 2013Record the closure of revenue accounts.Record the closure of expense accounts.Record the transfer of the net profit. How do you do this problem? See attached image 20. "Are you _?" she asked. The diameter of a circle has the endpoints of (2, 5) and (-8, 29). Find the center and radius of the circle. ANSWERS ATTACHED, due in 2 hours, will give BRAINLIEST! 15 points! Will give brainliest! Probability Which sentence best states the central idea of the first paragraph? A Life in New York was teetering between old and new. B People once traveled mostly by horse, carriage, and ship. C New engineering feats were being accomplished in the 1800s. D People crossed the East River by ferry-boat, night and day. What information can we learn from about prehistoric (time before writing) society that can help us today? Simplify this expression Which has a greater capacity: a bottle containing 32 ounces of iced tea, a bottle containing 1 Liter of iced tea, or a bottle containing 2 pints of iced tea?2 pintsThey are all the same capacity.32 ounces1 Liter For the equation r/4 = 16, select the appropriate property of equality to move the coefficient to the right side of the equation. A. Subtraction Property of Equality B. Addition Property of Equality C. Division Property of Equality D. Multiplication Property of Equality Whats f(g(x)) if f(x) = 3x + 7 and g(x) = 6x - 5 Ray and Max are playing a game with cards. At the end of the day Max has 5 cards. If the value of each card is -50 points, how many points does Max have? Explain. A) -250 B) - 10 C) 10 D) 250 Which common literary theme is best illustrated by this passage?A. The ineffectiveness of wordsB. The struggle against natureC. The coexistence of good and evilD. The pain of isolation Philip argues that the medical system's main goal is to make profits and not to benefit people who need help. He says that medical care is not equally accessible to all individuals and that it benefits only certain groups of people. Philip's ideas represent the _____ perspective.a. functionalistb. conflictc. symbolic interactionistd. constructiviste. sexist Which one of the following statements is most likely to be correct? A) The use of forward contract increases the short-run exposure to exchange rate risk. B) An exposure to exchange rate risk can be the risk that a positive net present value (NPV) project could turn into a negative NPV project because of changes in the exchange rate between two countries. C) Investing U.S. dollars when a project is launched and using the investment proceeds to pay the invoice is the primary way of reducing exposure to exchange rate risk. D) A firm can record a profit on its income statement from a foreign subsidiary even when that subsidiary has no profit thanks to exchange rate risk. E) A U.S. importer typically eliminates exposure to exchange rate risk by exchanging funds on the spot market at the time an order is placed with a foreign supplier. Use the table to find the number of miles x you need to bike on friday so that the mean number of miles biked per day is 5 5-7 please help BRAINLEST