The predetermined overhead rate of department A per machine hour is $6.00
The predetermined overhead rate of department B per machine hour is $3.00
The predetermined overhead rate of the plant as a whole per machine hour is $5.00
What does predetermined overhead rate mean?
The predetermined overhead rate indicates the overhead cost per unit of cost driver, in essence, the overhead costs incurred by each activity which is machine hour in this case, which can be determined as the total overhead divided by the machine hours both in the individual departments and company-wide
predetermined overhead rate =overhead cost/machine hours
Department A:
overhead cost=$720,000
machine hours=120,000
predetermined overhead rate=$720,000/120,000
predetermined overhead rate=$6.00
Department B:
overhead cost=$180,000
machine hours=60,000
predetermined overhead rate=$180,000/60,000
predetermined overhead rate=$3.00
plant as a whole:
total overhead costs=$720,000+$180,000=$900,000
total machine hours=120,000+60,000=180,000
predetermined overhead rate=$900,000/180,000
predetermined overhead rate=$5.00
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the total assets of berber comany 900000 and liabilities are equal to one half of its total assets what is the amount of Berber company owner equity
Total liabilities of the Berber company are equivalent to half of its total assets, which are 900000, and owner equity is 450000.
The fundamental accounting formula is: Asset = Liabilities + Owner's Equity.
Let A represent assets.
Liabilities in L
A is the owner's equity
The equation reads as follows:
Assets = Liabilities + Equity
A = $900000 + (1/2)A
A – (1/2)A = $900000
1/2(A) = $900000
A = $450000
The primary distinction between equity and liabilities in accounting is that whereas liabilities are the debts or obligations that a firm owes to third parties, equity is the ownership position that shareholders have in a corporation. Liabilities from assets are subtracted to determine equity.A company's assets are any possessions that have the potential to provide future financial gain. Your debts to other people are called liabilities. In other words, assets increase your wealth while obligations decrease it.To know more about Assets Liabilities and Equity visit: https://brainly.com/question/20942930
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Question 6 of 20
Which action is most likely to lead to success in the workplace?
OA. Following the workplace dress code
OB. Only working individually on projects
C. Avoiding conversations with coworkers
D. Arriving at work whenever you want
SUBMIT
Answer: it’s A
Explanation: Took da test
Following the dress code at work is the course of action that will most likely result in success. Therefore, option A is correct.
What is the workplace environment?It refers to a company's working environment or attitude, which employees may find emotionally supportive or unsupportive.
A workplace is a location, social dynamics, and physical surroundings where you carry out your duties. These traits can have an impact on employee health, relationships at work, teamwork, and overall well-being.
Your attitude, drive, mental health, and performance are all affected by your work setting. Employees who work in a drab environment with unwelcoming coworkers are unlikely to feel confident or satisfied enough to speak up. Because of this, the success of your business depends on creating a favorable work atmosphere.
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By what nickname is the USDA commonly referred to?
The bureau of agriculture
The farmer’s agency
The people’s agency
The farmer bureau
What are four cWhy is time of the essence? What small change do you need to implement immediatelyauses of loss in job satisfaction
The phrase “time is of the essence” means that timing is the material to the performance of the contract.
Who use the phrase “time is of the essence”?"Time is of the essence" phrase is a term that is used in the contract law in England and Wales. Canada, Australia, New Zealand, other Commonwealth countries as well.
The phrase "time is of the essence" comes from the construction of the transcontinental railroad. At that time, the project was considered impossible in construction, many people were sure it could be done.
A person should set clear expectations, goals and objectives with the proper timeline in order to increase job satisfaction.
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The interpersonal perspective on authentic leadership views leadership as
A). a leader's collection of life experiences
B). something that develops over a leader's lifetime
C). a skill set that is influenced by a leader's personality traits
D). emerging out of the interactions between leaders and followers
Help me ASAP!! Which one!
Classify the responsibilities based on the roles of each staff member.
front office manager
reservations agent
reservations manager
front desk clerk
maintains an up-to-date inventory of rooms,
the rooms sold, and those that are available
arrowRight
greets guests on arrival and handles guest
check-ins and check-outs
arrowRight
handles all calls regarding room bookings
arrowRight
in charge of reservations, the front desk,
uniformed services, and telecommunications
A staff manager is a qualified individual who manages a group of workers while advising and educating them. They are employed by numerous departments and industries. They are in charge of generally ensuring that their team remains inspired and operates at its peak.
Front Office Manager responsibilities are:
Helping and educating the office workers. managing customer inquiries and grievances. Keeping an eye on the supply, ordering office supplies, and troubleshooting emergencies distribution of mail management.
Reservation agent responsibilities are:
Arranging reservations for clients depending on their unique needs and available funds. determining if lodging or transportation will be available during the clients' preferred travel dates. suggesting local tourist attractions and points of interest to assist in the planning of vacation plans.
Reservations manager front desk clerk responsibilities are:
A reservation manager is in charge of giving out travel details like costs and itineraries, dealing with client problems and complaints, advising clients on the terms and conditions of booking travel arrangements, and sending confirmation emails.
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Bill George suggests that spending time with diverse others and taking part in community service helps a person develop which characteristic of authentic leadership?
A). consistency
B). connectedness
C). compassion
D). passion
Which one makes sense? Help me on test!!
Which of the following is an example of a trend in ethics and social responsibility?
O strategic giving
O the addition of a fifth level to the social responsibility pyramid
O limits placed on employee empowerment
O decreased concern about international ethics
O all of the above
Strategic giving can be defined to be an example of a trend in ethics and social responsibility.
What is ethics and social responsibility?This can be defined as the ethical theory that has it that people should have to be held accountable for the ways that would have to fulfill their civic duties. It has to do with all of the actions that a person would perform in the society that is capable of benefitting the entire society at large.
Hence we can say that strategic giving can be defined to be an example of a trend in ethics and social responsibility.
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Hello I like pizza what about you?
factors retailers should consider when setting the advertisement including market competition
Answer:
fffgg
Explanatio
28) LMX theory is primarily concerned with how well leaders and followers ______.
A) maintain high commitment levels
B) achieve work-related goals
C) work together
D) create peer relationships
Which is correct!
LMX theory is primarily concerned with how well leaders and followers create peer relationships. Option D is an appropriate response.
What is LMX theory?
Leader–member exchange (LMX) theory, enables leaders to develop different quality relationships with followers in their team.
The focus in LMX theory is on how leaders and followers engage together to generate high quality work relationships that allow them to produce effective results.
It is a relationship based approach that enables to create peer relationships in the workplace to achieve work related goals. It is concerned the importance of communication in leadership by the . Leaders and followers can develop, evolve, and continue mutually beneficial exchanges through communication.
Hence, Option D is an appropriate response.
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If the demand for coffee decreases as income decreases, coffee is a(n)
a. complementary good.
b. normal good.
c. inferior good.
d. substitute good.
question 4
Answer: B
Explanation: normal good
A meeting of the minds refers to
A meeting of minds refers to an agreement between two or more parties where they promise to either do something, or not to do it.
What is a meeting of minds?A meeting of minds refers to when two or more parties come together to make an arrangement regarding a subject of interest to all of them.
In this meeting of minds, an agreement is struck between the parties that defines their roles. This therefore means that all parties will promise to do certain things and to avoid others.
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Describe the long-run impact of a decline in defense spending by 1 percent of GDP on interest rates and on consumption, investment, and net exports as a share of GDP. Consider the following case:
The funds saved from the defense cut are used to increase government expenditures on roads and bridges.
Select all that are true.
Responses
There is no effect.
There is no effect.
NG/Y* increases as the real interest rate declines.
NG/Y* increases as the real interest rate declines.
The increases in C/Y*, I/Y*, and X/Y* depend on the sensitivity of each to the interest rate.
The increases in C/Y*, I/Y* , and X/Y* depend on the sensitivity of each to the interest rate.
All of the variables increase as the real interest rate declines.
Answer:
The long-run impact of a decline in defense spending by 1 percent of GDP on interest rates and on consumption, investment, and net exports as a share of GDP would be an increase in NG/Y* as the real interest rate declines. The increases in C/Y*, I/Y*, and X/Y* would depend on the sensitivity of each to the interest rate. All of the variables would increase as the real interest rate declines.
Explanation:
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You use your working memory when you:
A) store knowledge
B) remember a phone number
C)long enough to dial it
D) retrieve information
E) none of these
You use your working memory when you: A) store knowledge.
What is meant by working memory?This is the term that is used to refer to the memory that a person has that is helpful when they are trying to retain a small amount of information in such a way that it would be readily available to them. This is the memory that is used for planning comprehension and also for solving of problems.
Hence we can say that you use your working memory when you store knowledge.
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Exercise 4-37 (Algo) Application of Overhead [LO 4-4, 4-6]
Progressive Painting Company (PPC) is a successful company in commercial and residential painting. PPC has a variety of jobs: new construction, repair and
repainting of existing structures, and restoration of very old buildings and homes. The company is known for the quality and reliability of its work, and customers
expect to pay a little more for those benefits. One of the company’s core values is sustainability, and it insists on using the most environmentally friendly paints
and materials in its work; it has refused jobs where the client required a more environmentally harmful paint than PPC thought was appropriate for the application.
The company’s commitment to sustainability has lost PPC some jobs, but it has also attracted a loyal and growing customer base.
The company uses job costing and applies overhead on the basis of direct labor hours. Overhead for the company consists of painting equipment, trucks,
supervisory labor, supplies, and administrative operating costs. The total budgeted costs for the year are shown below:
Budgeted Data
Direct materials $ 3,040,000
Direct labor hours 38,500
Direct labor dollars $ 820,000
Gallons of paint 34,000
Total overhead $ 417,725
PPC has just completed two jobs:
Job
Direct
Materials
Gallons of
Paint
Direct Labor
Hours
Direct Labor
Cost
Prevette $ 5,200 22 34 $ 925
Harmon 6,000 36 58 1,534
Required:
1. Determine the total cost of each job. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)
Total Job Cost
Prevette
Harmon
The determination of the total cost of each job is as follows:
Total Job Cost:Prevette = $6,493.90
Harmon = $8,163.30
What is the total cost of a job?The total cost of a job is the sum of the direct materials, labor, and overhead costs.
Data and Calculations:Budgeted Data
Direct materials $ 3,040,000
Direct labor hours 38,500
Direct labor dollars $ 820,000
Gallons of paint 34,000
Total overhead $ 417,725
Predetermined overhead rate = $10.85 ($417,725/38,500)
Overhead Costs:Prevette $368.90 (34 x $10.85)
Harmon $629.30 (58 x $10.85)
Total Cost Schedule:Job Direct Gallons D/Labor Direct Labor Overhead Total
Materials of Paint Hours Cost Cost Costs
Prevette $ 5,200 22 34 $ 925 $368.90 $6,493.90
Harmon 6,000 36 58 1,534 $629.30 $8,163.30
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What is the difference between supply and quantity supplied?(1 point) Responses Supply is the total amount of goods available; quantity supplied is how much is made available at each price level. Supply is the total amount of goods available; quantity supplied is how much is made available at each price level. Supply deals with the decisions of consumers and quantity supplied deals with the decisions of a producer. Supply deals with the decisions of consumers and quantity supplied deals with the decisions of a producer. Supply and quantity supplied are the same. Supply and quantity supplied are the same. Supply is how much consumers are willing to buy; quantity supplied is how much is made available.
Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.
What is the difference between quantity supplied and quantity demanded?Excess demand occurs when there is more demand for a good or service than there is supply for the price being asked. A shortage is another name for this. Excess Supply: When the quantity delivered at the agreed-upon price is greater than the quantity required. A surplus is another name for this.
What is difference between supply and quantity supplied?Supply is a measure of how much the market can provide at various prices. Quantity supplied, on the other hand, shows the volume of goods that producers will offer at a given cost. The commodity's supply is shown by the supply schedule or supply curve.
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Which of the following is true of the credit and debit columns in the
adjusted trial balance?
OA. The credit should be larger than the debit.
B. The debit should be larger than the credit.
O C. The credit and debit should match.
O D. Together they should equal owner's equity.
Answer:
C.
Explanation:
Top hedge fund manager Sally Buffit believes that a stock with the same market risk as the S&P 500 will sell at year-end at a price of $53. The stock will pay a dividend at year-end of $2.30. Assume that risk-free Treasury securities currently offer an interest rate of 2.3%.
Based on the risk-free rate, the ending price of the similar stock, and the year end dividend, the price of the stock is $40.32.
What is the price of the stock?First, find the discount rate as:
= risk free rate + risk premium
= 2.3% + 7.6%
= 9.9%
The price of the stock is:
= (2.30 + 53) / (1 + 9.9%)
= $40.32
In conclusion, the price of the stock is $40.32.
Rest of the question is:
Find the price of the stock
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How does quality management enhance market shares
Answer:
Improvements in performance, features, or other dimensions of quality lead to increased sales and larger market shares. Quality management helps companies improve their products' reliability, durability and performance. These factors help differentiate a business from its competitors.
What is the difference between ethnocentrism and patriotism?
Explanation:
Ethnocentrism is the tendency to look at the world primarily from the perspective of one's own culture while patriotism is love of country; devotion to the welfare of one's compatriots; the virtues and actions of a patriot; the passion which inspires one to serve one's country,.
An employer has a “no-beard” policy, which applies across the board to all employees. A black employee tells the employer he cannot shave without getting severe facial bumps from ingrown hairs. The employer replies that the policy is without exception and the employee must comply. The employee refuses and is later terminated. The employee brings suit under Title VII on the basis of race discrimination. Does he win? Why? Why not?
The employee wins the action under Title VII on the basis of racial discrimination because the company's policy has a disparate impact, that is, it may discriminate against a group.
What is disparate impact?It corresponds to the set of US labor rules and policies that can directly or indirectly negatively impact certain groups, generating exclusion, discrimination and other types of problems. This is due to the policy that, even if it has general application, does not understand the characteristics and diversity of the groups, privileging in some way only a part of the employees.
It is essential that labor legislation understands diversity and equity among workers, protecting their human and civil rights.
Therefore, according to Title VII of Civil Rights, discrimination against an individual based on their physical, social, economic and cultural characteristics is an illegal practice.
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For the year 2021, Jones Company budgeted $170,000 for direct labor and $360,000 for factory overhead. Jones also budgeted 9,000 direct labor hours. Jones applies overhead based on direct labor hours. What is the standard overhead rate per hour for 2021? Round answer to closest cent.
The standard overhead rate per hour for 2021 is $40.
A Company budget price range is a spending plan for your enterprise day-to-day in your income and expenses. It identifies your daily capital, estimates your spending, and enables you are expecting revenue. A budget will let you everyday plan your business activities and can act as a yardstick for setting up monetary desires.
A Company budget facilitates creating financial stability. through monitoring costs and following a plan, a price range makes it less difficult daily pay payments on time, construct an emergency fund, and store for most important prices which include a vehicle or domestic. standard, a budget puts someone on a stronger financial footing for both the and the long time.
It allows a business daily cut costs, reach enterprise goals and count on any operational modifications as had to aid the commercial enterprise. A price range facilitates an enterprise to recognize its running costs and may be used every day to tune overall performance.
The computation of the standard overhead rate per hour for 2021 is shown below:-
Standard overhead rate per hour for 2021 = Factory overhead / Direct labor hours
= budgeted $170,000
= $360,000 / 9,000
= $40 (Rounded to closest cent)
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QUESTION 4
Will a 15% credit card rate cap likely make it easier or harder for low income Americans to obtain a credit card?
A. it will have no impact on low income Americans
B. It will affect all income groups equally
C. harder
D. easier
Indeed, a 15% credit card rate cap will likely make it D. easier for low-income Americans to obtain a credit card.
What is a credit card rate cap?A credit card rate cap is a limit or ceiling placed on credit card rates. According to the Card Act, there is no credit card rate cap.
In 2022, the average credit card interest rate is 16.65%. In 2020, the average credit card interest rate was 20.5%.
With a credit card rate cap, borrowers' (cardholders') liability rates for interest expenses will be limited. However, higher interest rates are meant to discourage non-payment.
With a rate cap, there will be a limit to which credit card rates can adjust higher during the adjustment period.
Low-income Americans will be enabled to borrow on credit cards, knowing that there exists an upper limit to which the credit can be subjected to interest rates.
Thus, the advantage of a 15% credit card rate cap is Option D.
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describel 2 faxtorswe should consider when evaulatingva argument
Clarity and relevancy are two things to look at while analyzing an argument. Clarity is necessary so that we can correctly recognize each premise and the argument's conclusion.
What usually happens as the initial stage in examining an argument?Establishing an inference connection is the initial stage in the evaluation of an argument. Asserting premise acceptance is the next stage. The first two things to consider are (1) Is this argument true? and (2) Is this argument sound or not?
Why is argument analysis crucial?Analyzing and exercising critical thought are necessary to judge the validity of these claims. You will, nonetheless, be much more able to understand what the text is attempting to convey and whether you concur with it if you evaluate what you have read.
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What are a few industries and/or organizations that are fitting well with their current environments? What are a few that are not? Why?
The organizations that have yielded good results from an apt organizational structure could be determined with the example of Amazon. An example of an organization whose success has suffered due to faulty organizational structure is Cisco.
Cisco Systems, Inc., unremarkably referred to as Cisco, is an Associate in Nursing American-based international technical chronology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications instrumentality, and alternative high-technology services and merchandise.
Cisco makes a specialty of specific tech markets, reminiscent of the web of Things (IoT), domain security, videoconferencing, and energy management with leading products as well as Webex, OpenDNS, Jabber, couple Security, and Jasper. Cisco is one of the most important technology corporations in the world ranking seventy-four on the Fortune hundred with over $51 billion in revenue and nearly 80,000 employees.
Cisco Systems was supported in Dec 1984 by Leonard Bosack and Sandy Lerner, 2 Stanford University pc scientists who had been instrumental in connecting computers at Stanford. They pioneered the conception of a neighborhood area network (LAN) being employed to attach distant computers over a multiprotocol router system.
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The commissioner obtains a restraining order against a person who has violated an insurance law. The person continues the violation for 10 days. The person has to pay a fine of, how much?
Based on the fact that the person continued to violate the restraining order, the fine that the person has to pay is $0.00.
How much should the person pay?When a restraining order is issued for insurance law, there is a period of 10 days that the fines would not take effect in.
This means that the person can keep committing the violation within those ten days without having to pay any fines so the amount this person will pay is $0.00.
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Over 50 percent of
can be traced back to unlawful use or mishandling of
non-public data within the workplace.
O A. piracy
B. licensing infringement
OC. identity theft
OD. technology misuse
Over 50 percent of identity theft can be traced back to unlawful use or mishandling of non-public data within the workplace.
Data is a collection of discrete values that bring facts, describing the amount, great, truth, information, different simple devices of that means, or truly sequences of symbols that may be in addition interpreted. A datum is a man or woman's country in a hard and fast of records.
Data typically are organized into structures inclusive of tables that offer extra context and that means, and which may additionally themselves be used as information in large structures. information may be used as variables in a computational system. information may also constitute abstract ideas or concrete measurements.
Data is generally used in medical studies, finance, and truly each different shape of the human organizational hobby. Examples of data sets consist of stock expenses, crime costs, unemployment quotes, literacy rates, and census facts.
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What is the impact on the national saving rate if the consumption and government share each increase by 5%?
Answer:
If the consumption and government share each increase by 5%, the national saving rate will decrease by 2.5%.
Explanation:
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One of your friends has opened a new wholesale
When there is a lack of control, wrongdoings occur quickly because the barrier to their work entails an end.
What is the Role of control?Internal controls have been put in place by management, among other things to guarantee the accuracy of the company's financial statements. Internal controls that are significant to an audit include bank reconciliations, password security systems for accounting software, and inventory observations.
Internal controls provide a believable assurance that objectives will be reached.
Thus, When there is a lack of control, wrongdoings occur quickly.
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The full question was missing-
One of your friends has opened a new wholesale electronics business and wants your help figuring out some inventory issues they are facing.One night last week, there seemed to be fewer HD televisions in the warehouse than they expected. The last time they were in the warehouse was
a week earlier, and they hadn't noticed anything amiss.
As they looked around, they saw that the evening warehouse worker was filling the last orders of the day. The delivery driver and day warehouse
worker were gone for the day, and the delivery van keys were on the desk that the warehouse workers shared. The doors to the loading dock were
open, as was the door to the office area where the accountant, two customer service specialists, and the owner worked.
Knowing that you are familiar with accounting principles, they asked for your help in figuring out how to prevent this in the future.
