Business, 11.02.2021 20:40 jdkrisdaimcc11
Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the labor-hours for the upcoming year at 34,800 labor-hours. The estimated variable manufacturing overhead was $5.06 per labor-hour and the estimated total fixed manufacturing overhead was $1,025,208. The actual labor-hours for the year turned out to be 32,300 labor-hours. The predetermined overhead rate for the recently completed year was closest to:
Answers: 2
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Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
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Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
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Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the up...
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