Answer:
b. 502,000 units
Explanation:
- X
Desired Ending 34,000
R1 320,000
R2 180,000
Beginning (32,000)
Production Budget 502,000
32,000 + P = 34,000 + (320,000 + 180,000)
34,000 + 320,000 + 180,000 - 32,000 = 502,000 = Production
Answer:
133.33%
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = Total overhead cost ÷ direct labor cost
where,
Total overhead cost is $200,000
And, the direct labor cost is $150,000
Now placing these values to the above formula
So, the predetermined overhead rate is
= $200,000 ÷ $150,000
= 1.33%
We simply applied the above formula