Answer:
$34 per hour
Explanation:
Direct labor hour
s:
= Labor cost ÷ Rate per hour
= $36,550 ÷ $17
= 2,150 Direct labor hours
Predetermined overhead rate
:
= Overhead applied on the basis of direct labor hour ÷ Number of hours
= $73,100 ÷ 2,150 hrs
= $34 per hour
Therefore, the predetermined overhead rate using the labor rate of $17 per hour is $34 per hour.
Answer:
Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.
Explanation:
The contribution margin is equal to: Revenue - Variable Costs.
We already know that the variable cost will be increased by $50 once new component is added, and that monthly sales are expected to increase by 500 units after that.
Depending on the price of the product, the amount sold, and the variable costs, we get the contribution margin, and this contribution margin will be exactly the same as the overall effect on the net operating income.
The definition of supervisory management states the highest level of management, consisting of the president and other key company executives who develop strategic plans.
<h3>What is
supervisory management?</h3>
Supervisors, within the context of business management, are those who keep an eye on the strategic direction of the company.
They are not bogged down with the operations or day-to-day activities of the company. Hence, the reason why they are called supervisory management.
Learn more about supervisory management at:
brainly.com/question/2954747
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
