Business, 10.10.2019 00:30 kenleighbrooke67
Trust company applies overhead based on direct labor hours. at the beginning of the year, trust estimates overhead to be $700,000, machine hours to be 200,000, and direct labor hours to be 35,000. during february, trust has 5,000 direct labor hours and 10,000 machine hours. what is the predetermined overhead rate? a.$15.00 per machine hour b.$18.00 per machine hour c.$20.00 per direct labor hour d.$14.00 per direct labor hour e. none of these choices are correct.
Answers: 3
Business, 21.06.2019 21:00
Exercise 8-6 goods in transit [lo8-2] the kwok company's inventory balance on december 31, 2016, was $190,000 (based on a 12/31/16 physical count) before considering the following transactions: 1. goods shipped to kwok f.o.b. destination on december 20, 2016, were received on january 4, 2017. the invoice cost was $35,000. 2. goods shipped to kwok f.o.b. shipping point on december 28, 2016, were received on january 5, 2017. the invoice cost was $22,000. 3. goods shipped from kwok to a customer f.o.b. destination on december 27, 2016, were received by the customer on january 3, 2017. the sales price was $45,000 and the merchandise cost $27,000. 4. goods shipped from kwok to a customer f.o.b. destination on december 26, 2016, were received by the customer on december 30, 2016. the sales price was $25,000 and the merchandise cost $18,000. 5. goods shipped from kwok to a customer f.o.b. shipping point on december 28, 2016, were received by the customer on january 4, 2017. the sales price was $30,000 and the merchandise cost $17,000. required: determine the correct inventory amount to be reported in kwok's 2016 balance sheet.
Answers: 1
Business, 21.06.2019 22:00
The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?
Answers: 1
Business, 22.06.2019 00:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
Trust company applies overhead based on direct labor hours. at the beginning of the year, trust esti...
Computers and Technology, 06.11.2020 20:10
Geography, 06.11.2020 20:10
Mathematics, 06.11.2020 20:10
Mathematics, 06.11.2020 20:10
Business, 06.11.2020 20:10
SAT, 06.11.2020 20:10
English, 06.11.2020 20:10
Mathematics, 06.11.2020 20:10
Geography, 06.11.2020 20:10
Biology, 06.11.2020 20:10
History, 06.11.2020 20:10