West company estimates that overhead costs for the next year will be $5,240,000 for indirect labor and $550,000 for factory utilities. the company uses machine hours as its overhead allocation base. if 150,000 machine hours are planned for this next year, what is the company's plantwide overhead rate?

$38.60 per machine hour

Explanation:

The computation of the plant wide overhead rate is shown below:

= (Indirect labor + factory utilities) ÷ (Planned machine hours)

= ($5,240,000 + $550,000) ÷ (150,000 machine hours)

= ($5,790,000) ÷ (150,000 machine hours)

= $38.60 per machine hour

The sum of Indirect labor and factory utilities is also called overhead

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.