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Goryan [66]
3 years ago
6

In December 2014, Shire Computer’s management establishes the 2015 predetermined overhead rate based on direct labor cost. The i

nformation used in setting this rate includes estimates that the company will incur $747,500 of overhead costs and $575,000 of direct labor cost in year 2015. During March 2015, Shire began and completed Job No. 13-56. 1. What is the predetermined overhead rate for year 2015?
Business
1 answer:
belka [17]3 years ago
7 0

Answer:

Estimated manufacturing overhead rate= $1.3 per direct labor dollar.

Explanation:

Giving the following information:

Estimated overhead cost= $747,500

Estimated direct labor cost= $575,000

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 747,500/575,000= $1.3 per direct labor dollar.

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he long-run average total cost of producing 100 units of output is $4, while the long-run average cost of producing 110 units of
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Answer:

Constant Return to Scale

Explanation:

Based on the information given the numbers

suggest that between 100 and 110 units of output, the firm producing this output has CONSTANT RETURN TO SCALE.

Constant Return to Scale occurs in a situation where the proportional increase in all the inputs is as well equal to the proportional increase in output which means the returns to scale are constant , which is why RETURNS TO SCALE help to describe all what happens to long run returns when the scale of production increases.

Therefore Constant returns to scale often occur when the output increase in exactly the same way or the same proportion as the factors of production.

4 0
3 years ago
A national grocery chain is divided into well-demarcated groups such as the Northeastern division, the Northwestern division, th
pochemuha

Based on the fact that the divisions of this national grocery chain are set up in such a way that they can serve different locations, this is a<u> geographic structure.</u>

<h3>What is a geographic structure?</h3>

This is a departmentalization style where a company creates divisions in various areas to service their customers located in those places.

This is what this national grocery chain is doing by setting up divisions in various areas to access their customers around the country.

Find out more on the departmentalization at brainly.com/question/15052404.

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5 0
2 years ago
Alcohol is most effective when used as a __________ solution. 25% 60% 70% 95% 100%
Marta_Voda [28]
Alcohol is most effective when used as a 70% solution.
8 0
3 years ago
The theory of comparative advantage states that:
Stella [2.4K]

Answer:

Productivity rises more quickly when countries produce goods and services for which they have a natural talent.

Explanation:

This is the best option with the theory of comparative advantage states countries produce goods for which they have a lower opportunity cost. Having resources and talents lower the opportunities cost. When countries do this, it increases economic welfare for all.

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3 years ago
Which of these is most likely a short-term goal for a high school freshman? A. Buy a house B. Retire comfortably C. Graduate fro
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