Chelsea, Inc. uses the job costing method and designates the direct labor hours as the allocation base. In 2016, the total estim
ated and actual overhead costs for Chelsea, Inc. was $250,000 and $275,000, respectively. The total estimated and actual direct labor hours for chelsea, Inc. was 25,000 and 28,000, respectively. What is the predetermined manufacturing overhead (MOH) rate per direct labor hour (DLH)?
Predetermined overhead rate is the rate that is determined based on the expected or estimated level of activity, that is then charged to actual level of activity, which gives us over-applied or under-applied overheads.
In the given case, estimated overheads = $250,000
Estimated direct labor hours = 25,000
Thus, predetermined overhead rate = $250,000/25,000 = $10 per hour.
Being credit constrained means that one is unable to borrow because the lenders do not think the individual is capable of paying back.
A person's credit history, savings level and collateral are all very useful in determining if they have the ability to pay back debt. Banking regulations do not directly lead to a credit constraint.
Lower interests on bank loans is only given to more creditworthy entities whom the bank feels will be able to pay back. A credit constrained person is risky and will therefore draw a higher rate from banks to balance that risk.
The orientation is basically refers to program in which the proper information are providing to the new employees about the company policies, role, team and the various types of tasks and responsibilities in an organization.
The orientation event makes the employees work comfortably, efficiently and the effectively. In this event, the new employees are brief about the company or workplace and their job responsibility.
It's called a inflamtion, when basict when the economy gets really strong ,we have a hard time keeping up with demand and need to make the economy more weaker to balance things out
