Answer:
$33.80 per hour
Explanation:
The computation of the predetermined overhead rate is shown below:
= Estimated manufacturing overhead ÷ machine hours
= ($71,000 + $12,100 + $54,900 + $14,000 + $17,000) ÷ (5,000 machine hours)
= $169,000 ÷ 5,000 machine hours
= $33.80 per hour
Answer:
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Explanation:
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Question Completion:
Choices: Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.
Answer:
The condition that helped to establish the foundation for a market revolution in the United States is:
Rapid improvements in transportation and communication
Explanation:
Rapid improvements in transportation and communication spurred innovations. With innovations, capitalism was born. Innovations needed factories for mass production. In turn, according to American History, "factories and mass production increasingly displaced individual artisans and farmers," who survived at subsistent levels. Large farms grew and produced crops for distant markets, no longer only for family and local markets. Most of the crops were further processed, packaged, preserved, and shipped through cheap transportation systems like the Erie Canal, using steamboats. And the rest, they say, is history.
Answer:
Dept. D = 80%
Dept. E = $12
Dept. K = $6
Explanation:
The computation of the predetermined overhead rate for each department is shown below:-
Department D = Manufacturing overhead ÷ Direct labor costs
= $1,240,000 ÷ $1,550,000
= 80%
Department E = Manufacturing overhead ÷ Direct labor hours
= $1,500,000 ÷ 125,000
= $12
Department K = Manufacturing overhead ÷ Machine hours
= $720,000 ÷ 120,000
= $6