When total anticipated factory overhead is $30,000 and budgeted machine hours are 100,000, what is the predetermined factory overhead rate based on the information given?
a. $3.33/hour; b. $3.00/hour; c. $1.00/hour; d. $0.33/hour; e. $0.30/hour.
E
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Which of the following is not an example of an internal environmental influence that can affect leadership outcomes?
A. skill level of employees B. gender ratio of employees C. up-to-date technology D. an economic recession
The UCC provides that a contract for the sale of goods can be effectively modified without new consideration, provided the modification is made in good faith and both parties intend to modify the contract
a. True b. False Indicate whether the statement is true or false
________ is a method of measuring samples of lots or batches of product against predetermined standards
Fill in the blanks with correct word
Schubert Co. owned equipment that originally cost $48,000. On January 1, Year 6, the company sold the equipment for $16,000 cash. Accumulated depreciation on the day of sale amounted to $34,000. Based on this information, indicate whether each of the following statements is true or false.________ a) The sale will increase Schubert's net income, but it will not affect the company's operating income.________ b) Schubert would show a $16,000 cash inflow in the operating activities section of the cash flow statement.________ c) The sale would result in a decrease in total assets.________ d) The sale would increase Schubert's stockholders' equity by $2,000.________ e) The sale would be recorded as a debit to cash for $16,000, a credit to equipment for $14,000, and a credit to gain on sale of
equipment for $2,000. What will be an ideal response?