Boat Builders Incorporated budgets overhead cost of $1,680,000 for the year; of this amount, $960,000 is traceable to the Assembly department and $720,000 is traceable to the Finishing department. The company manufactures two types of boats: Fishing and Yachts. Budgeted direct labor hours for the Fishing model are 28 in Assembly and 4 in Finishing. Budgeted direct labor hours for the Yacht model are 36 in Assembly and 12 in Finishing. The company budgets production of 400 units of the Fishing model and 400 units of the Yacht model for the year. Compute departmental overhead rates for each department using direct labor hours for that department Multiple Choice

Answers

Answer 1

The overhead rate for the assembly department is $37.5 per hour, while the overhead rate for the finishing department is  $112.5 per hour.

In business, the overhead rate refers to the production cost of a service or product. This rate is calculated using the following equation:

Overhead rate = Manufacturing overhead cost / total amount of the allocation base (hours that production takes)

Based on this, let's calculate the rate for each department:

Assembly department:

The manufacturing overhead cost is  $960,000

Direct labor hours:

Fishing model: 28 hours x 400 units = 11,200

Yacht: 36 hours x 400 units = 14,400

Total direct labor hours = 11,200 + 14,400 = 25,600

Overhead rate = $960,000 / 25, 600 = $37.5 per hour

Finishing department:

The manufacturing overhead cost is $720,000

Direct labor hours:

Fishing model: 4 hours x 400 units = 1,600

Yacht: 12 hours x 400 units = 4,800

Total direct labor hours = 1,600 + 4,800 = 6,400

Overhead rate = $720,000/ 6,400 = $112.5 per hour

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Related Questions

Retail chains try to design their store environments and layouts so as to make shopping as enjoyable and easy as possible and thereby encourage consumers to linger and make purchases. This most relates to

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When Retail chains designed their store environments and layouts to make shopping enjoyable and easy, its  most relates to physical environment.

Retails chains refers to chain of stores that sell similar items and under the control of the head office.

A very good example of Retails chains includes Wal-Mart, Target etc.

Usually, retails chains (like Wal-Mart, Target) designed their store environments to make shopping very enjoyable and easy for the customers.

Therefore, the operation most relates to physical environment.

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A new e-commerce startup with global operations is looking for a method to manage its supply-chain data for production. Instead of using bar codes, scanners, paper forms, and individual databases, making the system difficult to use, which method should be used to quickly track shipments

Answers

The shipping industry is one that handles a lot of transactions that might sometimes be difficult to track. For the new e-commerce startup with global operations who is looking for a method to manage its supply-chain data for production, the method that they can use to quickly track shipments is;

Blockchain

Blockchain is a reliable and fast way of recording transactions. It is a digital ledger that operates in such a way that when it receives information, other computers that are connected to the central system become updated.

This way, the information is not lost. It is used in supply chain to make the processing of transactions easier and faster.

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Choose all that apply.

Select all strategies for correcting credit problems.


Find credit counseling services.

Take a cash advance from one credit card to pay the minimum payment on another credit card.

Continue to use credit responsibly and wait.

Ask your credit card company to waive fees or lower your interest rate.

Get help from a finance company.

Transfer credit card balances to a card or loan with lower interest rates.

Sell something of value.

Answers

Answer:

find credit counseling services,

Ask your credit card company to waive fees or lower your interest rate.

Get help from a finance company.

why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?

Answers

Answer: unemployment rate depends solely on the size of labor force and every country has different labor force sizes.

Explanation: https://coursepivot.com/tutor-answers/which-of-the-following-helps-explain-why-it-is-so-difficult-to-compare-unemployment-rates-in-the-united-states-with-unemployment-rates-in-poorer-countriesselect-the-correct-answer-below/#:~:text=Cross-country%20comparisons%20of%20unemployment%20rates%20is%20difficult%20to,and%20every%20country%20has%20different%20labor%20force%20sizes.

what is meant by operational management?

Answers

Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization

Mark Brainliest please

You manage the worksheet shown below and it contains information for the company's 1500 employees,
You are asked to provide a list of all of the employees who are full time and make more than $45,000 per
year. What is the best way to create the list?

Answers

Answer:

3

Explanation:

You manage the worksheet shown below and it contains information for the company's 1500 employees. You are asked to provide a list of all of the employees who are full time and make more than $45,000 per year.

The best way for you to create the list of those who make more than $45000 a year and are full time is by using the filter option.

The filter option would be used to highlight the people that are in full employment. After this you have to use the sort to check the compensation column in order to establish those that make more than 45000.

The filter in a spreadsheet helps to put data in a particular category then arrange them based on the criteria that you selected.

The sorting method helps to arrange data based on ascending order or descending order.

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When asked how positive or negative they feel about their work, fewer than 20% of U.S. workers report being dissatisfied with their jobs.

Answers

According to statistical data, it is indeed TRUE that less than 20% of U.S. workers are dissatisfied with their jobs.

According to recent labor statistics:

85% of Americans are satisfied with their jobs Most Americans don't mind the roles they execute at work

If 85% of people are satisfied then the percentage is potentially dissatisfied is:

= 100% - 85%

= 15%

It is therefore true that less than 20% are dissatisfied.

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Dean, supervisor at NeonColors Inc., has a conflict with his colleague, Nathan, because they could not agree on the design of a product. As what type of conflict can this be best categorized

Answers

As what type of conflict can this be best categorized is interpersonal conflict.

Interpersonal conflict can be defined as a conflicts or disagreement  that occur between two or more people.

Based on the given scenario this type of  conflict is an interpersonal conflict at workplace as it involve two people which is Nathan and his supervisor due to lack of agreement.

To resolve this conflict the best option is for Nathan and his supervisor to resolve their difference so as to increase their productivity at work.

Inconclusion this type of conflict can this be best categorized is interpersonal conflict.

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Price is: always expressed in the United States in dollars and cents based on the expected value you will receive from your purchase based on the actual perception you will receive from your product also called revenue accurately described by none of the above

Answers

Considering the general market situation, Price is "always expressed in the United States in dollars and cents."

This can be proven by trying to make a purchase anywhere in the country.

The price of products is listed in dollars and cents. As such, the buyers would know the price of a product before making a purchase.

The other options are wrong because the price is not based on the expected value to receive and not on the actual perception.

Instead, Price is what the sellers feel is suitable for him, and it is expressed in dollars and cents.

Hence, in this case, the correct answer is option A. "always expressed in the United States in dollars and cents."

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Explain how Nike came to that situation through its expansion strategy

Answers

Answer:

Other than its superior products, it was able to expand thanks to its use of global marketing strategies to help expand its business globally and gain market share everywhere. Nike was able to use social media presence and strategic partnership and sponsorship to gain global consumers and market share

Explanation:

follow me please and like this

Explain how using a credit card can be similar to
getting an interest free loan

Answers

Answer: Credit cards can easily work as a short-term loan, but cards that offer 0% APR for a limited time have the potential to be “free.” The key to using a credit card as an interest-free loan is making sure you can pay every cent of your balance off before your card's introductory offer ends.

Explanation:

Luther Industries has a dividend yield of 4.5% and and a cost of equity capital of 12%. Luther Industries dividends are expected to grow at a constant rate indefinitely. The grow rate of Luther's dividends are closest to

Answers

Answer:

Explanation:

dividend yield= dividend/PV

dividend discount model:

PV=D/(r-g)

D/PV= r-g

D/PV= .045

r= .12

.045= .12-x

x= .075

so it's expected to increase about 7.5%

Describe the internal control features that were missing that enabled the employee to commit this fraud.

Describe what actions the employer should take to prevent this kind of fraud from happening in the future.

High-Flying Auto Dealer Employee Steals $10M For Luxuries
The scheming employee was able to electronically transfer funds from the company's online account to her own personal account and use the funds to buy four homes, 10 vehicles, Louis
Vuitton luggage, jewelry, $30,000 in pre-paid travel funds and stow away more than $20,000 in savings, court records show. Authorities said she covered up the thefts with a series of fake transactions as well as listing phantom cars in inventory so they could be recorded as assets.

Answers

Answer:

yes my answer is yes

Explanation:

I dont know

Assume that the following data describes the condition of the banking system

Answers

Answer:

what's the data?,so I can answer the question.

Which is an advantage to buying something online?



You can try it right away.



You can take it home with you.



You can compare prices more easily.



You might have to pay for shipping.

Answers

Answer:

pay for shipping :)

Explanation:

Hope it helppsss

If the monopolist faces a constant marginal cost of $5, how much output should the firm produce in order to equal marginal revenue with marginal cost

Answers

Answer:

7

Explanation:

Maybe

The video title refers to a pay cut for the CEO. What prompted the board of directors to take this action

Answers

The thing that resulted in the board of directors taking the action regarding the pay cut for the CEO is due to A. Unethical actions in regard to a whistleblower's identity.

A whistleblower simply means an individual who can also be an employee for an organization or a government agency that discloses information to the public for wrongdoing.

Based on the complete information, it should be noted that the information illustrated was about Barclay's case study. Based on the information, the pay cut for the CEO wasn't due to the investigation by the Financial conduct authority but rather, due to unethical actions in regard to a whistleblower's identity.

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You are planning to write your resume and take pride in your ability to describe your strengths. What do experts recommend when writing your resume? HELP ASAP

Both answers A and B
Write a clear strong statement of your accomplishment
Write a statement of your potential, talents, and current responsibilities
If your skill have been used in the past and will continue to be used

Answers

If a person is planning to write their resume and take pride in their strengths, it's advisable to write a clear strong statement of your accomplishments and a statement of their potential, talents, and current responsibilities.

A resume simply means a brief account of the personal, professional qualifications, educational qualifications, experience etc of a person.

It should be noted that when writing a resume, it's important to have a clear strong statement of your accomplishment as well as a statement of your potential, talents, and current responsibilities.

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a price setter stresses the ________ side of the pricing problem and the price is set by looking at ________.

Answers

Answer:

Cost side. second blank is the production and marketing.

The short-run aggregate supply curve will decrease if:

Answers

Hi there!

The short-run aggregate supply curve can shift left (decrease) as a result of:

Increases in Input or Commodity Costs:

           - Ex 1: If nominal wages increase, businesses will have to pay workers greater amounts of money, meaning that employing workers is more expensive.

           - Ex 2: If the price of commodities go up (such as steel, oil, etc.), businesses will have to pay more to produce goods, decreasing supply.

Increase in government regulations:

            - Ex 1: If government regulations are increased for limiting fossil fuel usage, many industries will experience a decrease in productivity, shifting the supply curve left.

Increase in business taxes:

             - Ex 1: If the government increases taxes on businesses, businesses will have to divert money that could have been spent on materials, labor, etc. and pay government taxes. This results in a decrease in aggregate supply.

There are many other reasons for the SRAS curve to shift, but these are some of the main ones.


Explain how the Halloween holiday is related to economics.

Answers

Some argue that Halloween spending diverts resources that would be better spent on longer-term, more productive economic activity. While others argue that Halloween spending is inefficient at satisfying consumer wants, thus spurring more spending overall, causing the economy to grow. Example: the state of the economy affects the Halloween industry more than Halloween affects the state of the economy. In a down economy, for instance, consumers may be less likely to spend on frivolous goods such as costumes, candy, pumpkins, and home decorations. Or Conversely, booming economic times might serve as a boon to Halloween expenditures. Regardless of which way the relationship goes, many economists believe the increase in spending has a positive effect on the economy.

The general message of the full disclosure principle is that: a. information is symmetric. b. information is costly to fake. c. producers should offer lifetime warranties for low quality products. d. the lack of evidence that something resides in a favored category will often suggest that it belongs to a less favored one.

Answers

Based on financial and accounting principles, the general message of the full disclosure principle is that "the lack of evidence that something resides in a favored category will often suggest that it belongs to a less favored one."

This is because the full disclosure principle state that all information should be documented in a company or individual financial statements which are believed to affect a reader's knowledge of that specific financial statement.

This ensures that every party that needs to access the financial statements under concern should fully understand them without missing any form of information.

Otherwise, any missing link or information will be ruled in favor of the less favored party in a legal situation.

Hence, in this case, it is concluded that the correct answer is option D.

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You see on a commercial that OrangeCo is offering a credit card with a 5% cashback program for all cardholders. Which question might help you evaluate how good this offer is?

A.) Does the cashback program apply to all purchases or only specific types of purchases like gas and groceries?

B.) Can I get a debit card along with a new credit card?

C.) Who does OrangeCo use as their spokesperson in the commercial?

D.) Do I still get the cash back even when I return my purchases to the store?

Answers

An excellent question to determine how good the offer is, is A.) Does the cashback program apply to all purchases or only specific types of purchases like gas and groceries?

When checking how good an offer is, some important things to find out are:

How extensive is the offer How much does the offer result in you saving Who does the offer apply to

The question in option A reflects the extensiveness of the offer and so it is a great question to ask when assessing the offer as it would show just which products can be purchased.

In conclusion, option A is correct.

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Types of report writing.

Answers

Answer:

here are three examples

Explanation:

1. formal or informational reports

2. short or long reports

3.proposal reports

Discussion Questions
If someone owes you money, and that person or business goes into bankruptcy, why
would it make a difference if you were a secured or unsecured creditor?
>
o First define secured and unsecured creditor then explain.

Answers


Hi how was your day mine was fine

Whats the best Kool-aid packit

Answers

Answer:

ik this doesnt help, but there all  gross in my opinion sry lol

Explanation:

Answer:

lemonade grape red white and blue and blue raseberry

Explanation:

What would you do if you found out that you wrote a cheque of $78 but it was recorded as $98 in check register?

Answers

dont do anything because ur getting money

I need help for this answer because i want to make sure if im correct or wrong. You will get 30 points for this​

Answers

The answer is option 4.

A double-entry accounting system is a system in which business transactions are recorded from dual aspects (from both the sides / aspects :- the receiver & the giver..the debit & the credit).

_____

RainbowSalt2222 ☔

Donald is a minor. He can enter into any contract an adult can, provided a. Donald is willing to disaffirm the contract. b. the adult is willing to enter into contracts with minors. c. the contract is not one prohibited by law for minors. d. an adult is willing to ratify the contract.

Answers

Donald will be able to get into a contract with an adult if c. the contract is not one prohibited by law for minors.

Generally speaking:

the law does not allow minors to get into contracts with adults.There are times however, when a minor and an adult can enter into a form of contract.

For a minor and an adult to get into a contract, that particular type of contract must be allowed by law for minors and adults to be parties. If this is not the case, that contract is void.

In conclusion, Donald can enter into a contract that the law allows him to enter into with an adult.

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Why might you visit a brick-and-mortar store instead of shopping online?



Because you're shopping in the middle of the night.



So that you can try out the product then and there.



So you can buy it tax-free.



So you can have it delivered to your door.

Answers

Answer:

so you can have it delivered to your door.

Explanation:

visiting a brick and mortar store, instead of shopping online is you can have it delivered to your door.

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