Mathematics, 02.10.2019 16:30 aronandalp3yep6
wheeler’s bike company manufactures custom racing bicycles. the company uses a job order cost system to determine the cost of each bike. estimated costs and expenses for the coming year follow:
bike parts $ 344,800
factory machinery depreciation 62,500
factory supervisor salaries 135,000
factory direct labor 210,780
factory supplies 36,900
factory property tax 25,750
advertising cost 21,500
administrative salaries 53,500
administrative-related depreciation 21,700
total expected costs $ 912,430
required:
1. calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.71 per hour. (round your answer to 2 decimal places.)
2. determine the amount of applied overhead if 18,300 actual hours are worked in the upcoming year. (round your intermediate calculations to 2 decimals. round your final answer to the nearest whole dollar.)
Answers: 3
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Four individuals pool money together to start a new business and agree to split the profits equally. n invests $6,000, x invests $2,000, y invests $8,000 and z invests $4,000. if the profits for the first month were $100,000, y receives than if the profits were divided in proportion to how much they invested.
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Scott’s bank account showed a balance of $750 on sunday. during the next five days, he made one deposit of $140 and numerous withdrawals of $180 each. let x represent the number of withdrawals that scott made. write an inequality that can be used to find the maximum number of withdrawals that scott could have made and maintain a balance of at least $100. do not use a dollar sign ($) in your response.
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wheeler’s bike company manufactures custom racing bicycles. the company uses a job order cost system...
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