Borsetta,Inc Calculate the Amount of Overhead to Be Allocated to Satchels,if

question 248

Multiple Choice

Borsetta,Inc.manufactures two kinds of bags-totes and satchels.The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base.Estimated overhead costs for the year are $25,500.Additional estimated information is given below. $$\begin{array} { | l | l | l | } \hline & \text { Totes } & \text { Satchels } \\\hline \text { Direct materials cost per unit } & \$ 30 & \$ 43 \\\hline \text { Direct labor cost per unit } & \$ 54 & \$ 64 \\\hline \text { Number of units } & 520 & \$ 70 \\\hline\end{array}$$ Calculate the amount of overhead to be allocated to Satchels,if the actual units produced and direct labor costs equal the estimated amounts.(Round any percentages to two decimal places and your final answer to the nearest dollar.)

• A) $472
• B) $13,835
• C) $11,667
• D) $23,680

Grasp the significance of initiative in the proposal process and how it impacts policy formulation.

Appreciate the importance of coalition building in organizing and executing a common strategy.

Understand how agency staff can shape policy at different agency levels.

Identify the motives behind political support for policies.

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Definitions:

Uncollectible Accounts Receivable

Debts owed to a company that are considered unlikely to be recovered, often due to the debtor's inability to pay.

Debit Balance

An accounting entry that represents a situation where debits are greater than credits in an account, often indicating assets or expenses.

Allowance for Doubtful Accounts

A contra-asset account that reduces the total receivables balance to reflect accounts that may not be collectible.

Analysis of Receivables Method

An accounting method used to estimate the amount of receivables that will not be collected based on historical data and trends.