BUSINESS COLLEGE

Before the year​ began, Butler Manufacturing estimated that manufacturing overhead for the year would be​ $176,400 and that​ 13,800 direct labor hours would be worked. Actual results for the year included the​ following: Actual manufacturing overhead cost ​$185,000 Actual direct labor hours ​ 14,600 The predetermined manufacturing overhead rate per direct labor hour is closest to

Answers

Answer 1
Answer:

Answer:

manufacturing overhead rate =$12.78

Explanation:

Giving the following information:

Butler Manufacturing estimated that:

Manufacturing overhead $176,400

Direct labor hour 13,800.

Actual results for the year:

The actual manufacturing overhead costs ​$185,000.

Actual direct labor hours ​ 14,600.

We need to calculate the predetermined manufacturing overhead rate per direct hour

manufacturing overhead rate = 176400/13800hours= $12.78

Related Questions

Demonstrate your knowledge of a depreciation adjusting entry by completing the following sentence. A depreciation adjustment would include a debit to _________(depreciation expense/accumulated depreciation/building) and _________(debit/credit) to ____________(depreciation expense/accumulated depreciation/building).
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QUESTION 16 Which of the following will cause the equilibrium price of widgets to fall and the equilibrium quantity to rise? A. Widget workers agree a large wage decrease so that none of them will have to be laid off. B. A decrease in the price of an item that consumers consider a substitute. C. The government raises taxes on widget firms. D. An increase in the price of an item that producers consider a substitute
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Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. Required:
For each of the following costs incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object by listing the number and a "D" for direct or an "I" for indirect. For example: 1D, 2D, etc.

a. The wages of pediatric nurses / The pediatric department
b. Prescription drugs / A particular patient
c. Heating the hospital / The pediatric patient
d. The salary of the head of pediatrics / The pediatric patient
e. The salary of the head of pediatrics / The particular pediatric patient
f. Hospital chaplain's salary / A particular patient
g. Lab tests by outside contractor / A particular patient
h. Lab tests by outside contractor / A particular department

Answers

Answer:

Northwest Hospital

aD

bD

cI

dI

eI

fI

gD

hD

Explanation:

Direct costs are costs that are directly traceable to the production of goods and services and can be identified with a unit of production.  While direct costs are usually variable, some direct costs can be fixed.

Indirect costs are costs that support the operation of the company.  They cannot be traced to any unit of production.  Similarly, some indirect costs are variable while others are fixed.

Gilligan Co.'s bonds currently sell for $1,150. They have a 6.75% annual coupon rate and a 15-year maturity, and are callable in 6 years at $1,067.50. Assume that no costs other than the call premium would be incurred to call and refund the bonds, and also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future. Under these conditions, what rate of return should an investor expect to earn if he or she purchases these bonds, the YTC or the YTM?(A) 3.92%
(B) 4.12%
(C) 4.34%
(D) 4.57%
(E) 4.81%

Answers

Answer:

(E) 4.81%

Explanation:

See the image below to get the explanation

Arco Corporation declared a cash dividend on June 2 of $6 per common share. The company has 2,000 shares of common stock authorized, 1,000 shares issued, and 200 in the treasury. The entry to record the declaration of the cash dividend increases a(n)

Answers

Answer:

The journal entry to record the dividend declaration is:

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Answers

Answer:

$149,000

Explanation:

Data provided as per the question below

Cost of goods sold = $982,000

Inventory = $186,000

Purchase = $945,000

The computation of amount of ending inventory is shown below:-

Cost of goods sold = Inventory + Purchase - Ending inventory

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= $982,000 = $1,131,000 - Ending inventory

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What are 3 benefits of the Pay down credit card feature in Quickbooks Online?A. It allows users to electronically pay their credit card balances from within QuickBooks Online


B. It prevents miscategorization of credit card payment transactions


C. It helps users identify which credit cards have interest rates that are too high


D. It provides easy-to-understand language for non-accountant users


E. It prevents common errors that affect the company's financial statements


F. It compares your client's credit card balances side by side

Answers

The  3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F

B. It prevents miscategorization of credit card payment transactions

E. It prevents common errors that affect the company's financial statements

F. It compares your client's credit card balances side by side

•It help to prevents miscategorization of credit card payment transactions as it enables all the credit card payment transaction to designated or allocated to the right person who made the transaction.

• It help to prevents common errors that affect the company's financial statements such as error of  reversal  example is recording a transaction amount as $25 instead of $52.

• It help to compares your client's credit card balances side by side which help to prevent error as the credit card are easily evaluated.

Inconclusion The  3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F

Learn more about Quickbooks here:

brainly.com/question/17321949

Answer:

b or e

Explanation:

Your boss at Xiangling Hu Products, Inc., has just provided you with the schedule and lead times for the bracket in Problem 3. The unit is to be prepared in week 10. The lead times for the components are bracket (1 week), base (1 week), spring (1 week), clamp (1 week), housing (2 weeks), handle (1 week), casting (3 weeks), bearing (1 week), and shaft (1 week).a) Prepare the time-phased product structure for the bracket.
b) In what week do you need to start the castings?

Answers

Answer:

Explanation:

A) The time-phased product structure for the bracket is attached as a document.

B) The casting will start on week 5 and week 9.
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