Reference no: EM132507276
Company has the following estimated costs for 2014
Direct materials 25,000
Advertising expense 15,000
Rent on factory building 13,000
Rent on office building 8,000
Direct labor 22,000
Depreciation on factory equipment 6,000
Indirect materials 10,000
Sales salaries 28,000
Insurance on factory equipment 12,000
Indirect labor 5,000
Property taxes on factory building 10,000
Property taxes on office building 10,000
Question 1: Franklin estimates that 32,000 direct labor hours and 20,000 machine hours will be worked during 2014. If overhead is applied on the basis of direct labor hours, the overhead application rate per hour will:
Option a: $2.35
Option b: $2.10
Option c: $1.40
Option d: $2.80
|
Find temperature at the top surface of the plate
: In a steady-state condition, assuming that the plate is perfectly insulated on all sides except top surface, find temperature at the top surface of the plate
|
|
Determining the market interest rate
: If the market interest rate is 9% over the same period, should this investment be made?
|
|
What are ethical issues around using persuasive techniques
: What are the ethical issues around using persuasive techniques that are intended to make recipients feel uncomfortable but for beneficial reasons?
|
|
What is the contribution margin per hour of machine time
: Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint. What is the contribution margin per hour of machine time
|
|
Find the overhead application rate per hour will
: 20,000 machine hours will be worked during 2014. If overhead is applied on the basis of direct labor hours, the overhead application rate per hour will
|
|
Calculate the active share measure for fund x
: Search and review a case of cyberstalking using ITT Tech Virtual Library and do the following:
|
|
Compute the equivalent units of materials
: Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January. Compute equivalent units of materials
|
|
What is the annual percentage increase
: Your salary has increased 50 percent in five years. What is the annual percentage increase? Round your answer to one decimal place.
|
|
What is the after-tax gain on the sale of the machine
: The machine will be sold 4 years from now for $22,000. If the tax rate is 16%, what is the after-tax gain on the sale of the machine?
|