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4 years ago

29) Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to

Business

1 answer:

irakobra [83]4 years ago

5 0

Answer:

The correct Answer is predetermined overhead rate = $2.50 per direct labor hour.

Explanation:

Overhead is those costs required to run a business, but which cannot be directly attributed to any specific, for example, rent, factory overheads, depreciation, indirect labor and production supervisor's salary.

Total manufacturing overheads = Rent of factory building + Depreciation on factory equipment + Indirect labor + Production supervisor's salary

Total manufacturing overheads = $15,000 + $8,000 + $12,000 + $15,000

Total manufacturing overheads = $50,000

Total Direct labor hours in the year = 20,000

Predetermined Overhead Rate per labor hour = $50,000/20,000

Predetermined Overhead Rate per labor hour = $2.50 per direct labor hour

Sales salary is a selling expense and not a product cost hence it will not be included for calculating predetermined overhead rate.

Direct material and labor are direct expenses, they are product cost but not a part of Overhead cost.

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Answer:

a. is often not in the best interest of society.

Explanation:

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tia_tia [17]

Answer:

Create an action plan

Explanation:

According to the situation, the company is in the phase of developing an action plan to counter the situation at hand.

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il63 [147K]

Answer:

$1.88; $2.00

Explanation:

Equivalent Units Produced for direct material:

= Opening Work In Progress + Introduced + Closing units

= units × Degree of completion

= (59,000 × 0%) + (159,000 × 100%) + (84,000 × 100%)

= 0 + 159,000 + 84,000

= 243,000

Equivalent Units Produced for conversion costs:

= Opening Work In Progress + Introduced + Closing units

= Units × Degree of completion

= (59,000 × 65%) + (159,000 × 100%) + (84,000 × 20%)

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= $456,840 ÷ 243,000

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= $2.00

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