The management of Casablanca Manufacturing Corporation believes that machine-hours is an appropriate measure of activity for overhead cost. Shown below are machine-hours and total overhead costs for the past six months: Machine-Hours Overhead CostJan150,000 $339,000Feb140,000 $328,000Mar160,000 $350,000Apr130,000 $319,500May170,000 $362,500Jun200,000 $400,000 Assume that the relevant range includes all of the activity levels mentioned in this problem. If Casablanca expects to incur 185,000 machine hours next month, what will the estimated total overhead cost be using the high-low method?
A. $381,700
B. $359,750
C. $212,750
D. $382,750
Answer: D
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A company allocates $7.50 overhead to products based on the number of direct labor hours worked. The company uses a plantwide overhead rate with direct labor hours as the allocation base. Given the amounts below, how many direct labor hours does the company expect in department 2?Estimated:Department 1Department 2Manufacturing overhead costs$74,358 $49,572 Direct labor hours 6,610DLH ?DLHMachine hours 700MH 800MH
A. 3,109 DLH B. 9,914 DLH C. 16,254 DLH D. 6,612 DLH E. 7,454 DLH
Minimum contacts with a jurisdiction are never enough to support jurisdiction over a nonresident defendant.
Answer the following statement true (T) or false (F)
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task of studying and evaluating Solid Hardwoods' organizational structure. Shane divided the tasks among the team members to collect preliminary information on different elements of Solid Hardwoods' structure. Meg was asked to collect information on the degree to which tasks are divided into separate jobs. Andrea was asked to collect information on formal authority relationships. Francine started looking into how many employees each manager has responsibility for, and Carol was asked to collect evidence on the degree to which rules and procedures are used to standardize behaviors at Solid Hardwoods. Shane decided to personally collect information and evidence on where
exactly decisions are formally made at Solid Hardwoods. The team decided to meet with information in two weeks.Meg was given the job of collecting information on which of the following elements of the organizational structure? A. chain of command B. formalization C. work specialization D. span of control E. centralization
The spreading strategy is particularly attractive to aggressive speculators
Indicate whether the statement is true or false.