Trust and the effectiveness of work teams are examples of Intangible resources which are typically embedded in unique routines and practices that have evolved and accumulated over time.
Answer:
$89.76
Explanation:
Calculation to determine the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc.
First step is to calculate Single overhead rate per hour using this formula
Single overhead rate per hour = Total overheads/ Total labor hour
Let plug in the formula
Single overhead rate per hour = 324600/21700 Single overhead rate per hour = 14.96per labor hour
Now let determine the Overhead rate per unit of product A in the painting department
Overhead rate per unit of product A in the painting department = 6 hours × $14.96per hour
Overhead rate = $89.76 per unit
Therefore, the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc is $89.76 per unit
Answer:
$3,685
Explanation:
Calculation to determine the total amount to be budgeted for manufacturing overhead for the month
Using this formula
Total budgeted for manufacturing overhead =(Estimated boxes)(Quarter Hour Direct labor)(Per hour cost)*(Overhead applied rate)
Let plug in the formula
Total budgeted for manufacturing overhead =(670) (.25) ($20) (1.1)
Total budgeted for manufacturing overhead =$3,685
Therefore the total amount to be budgeted for manufacturing overhead for the month is $3,685
Answer:
Explanation:
Overhead:
Indirect materials 15,000.00
Indirect labor 80,000.00
Other overhead costs 120,000.00
If we sum up everything = 215,000.00
Overhead applied 185,500.00
Underapplied OH 215000-185500=29,500.00
