Conclusion: Peter has a remaining amount of $1.25 after he covers the service expenses.
Reasoning:
The total cost for 5/6 of a month amounts to (5/6)*$10.5= 0.83333*$10.5
= $8.75
Thus, the difference between his initial funds and his expense for the service will result in his change.
Change = $10.5-$8.75
=$ 1.25.
I hope this response was helpful.
Answer:
(a) Predetermined overhead rate for the entire plant:


= 30
Applied manufacturing overhead for Job A:
= Total hours of direct labor × Predetermined overhead rate for the plant
= 15 × 30
= 450
Applied manufacturing overhead for Job A:
= Total direct labor hours × Plantwide predetermined overhead rate
= 9 × 30
= 270
(b) Department-specific predetermined overhead rates:


= 30


= 1.2
Applied manufacturing overhead for Job A:
= (Machining machine hours × 30) + (Assembly direct labor hours × 1.2)
= (11 × 30) + (10 × 1.2)
= 330 + 12
= 342
Applied manufacturing overhead for Job B:
= (Machining machine hours × 30) + (Assembly direct labor hours × 1.2)
= (12 × 30) + (5 × 1.2)
= 360 + 6
= 366
Answer:
d. 15.09
Explanation:
425,000 sales
52,500 AR
within a year consisting of 365 days
Days Sales Outstanding

Average days late

45.09 - 30 = 15.09
on average, customers clear their payments within 45 days.
This means they are paying, on average, 15.09 days later than the given credit terms.