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2 years ago

Compute various manufacturing overhead rates.

Business

1 answer:

n200080 [17]2 years ago

7 0

Answer:

1. $28 per direct labor hour

2. 140%

3. $35 per machine hour

Explanation:

Given that,

Total manufacturing overhead costs next year = $1,400,000

Direct labor hours used = 50,000

Direct labor cost next year = $1,000,000

Machines are expected to be run = 40,000 hours

1. Manufacturing overhead rate:

= Total manufacturing overhead cost ÷ Direct labor hours used

= $1,400,000 ÷ 50,000

= $28 per direct labor hour

2. Manufacturing overhead rate:

= (Total manufacturing overhead cost ÷ Direct labor cost) × 100

= ($1,400,000 ÷ $1,000,000) × 100

= 140%

3. Manufacturing overhead rate:

= Total manufacturing overhead cost ÷ Machine hours

= $1,400,000 ÷ 40,000

= $35 per machine hour

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Answer:

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Explanation:

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In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.

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2 years ago

Johnson Company has current year accounts payable of $25,000 and cost of goods sold of $100,000. Compute Johnson Company’s days’

natita [175]

Answer:

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Explanation:

The computation of the days payable outstanding is shown below:

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And, the same is to be considered

Hence, the days payable outstanding is 91.25 days

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2 years ago

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bixtya [17]

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<span>hope this helps!!!</span>

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2 years ago

When a buyer asked the price of a particular model of meat slicer, a company's salesperson said, "If you don't mind, could we di

Andreas93 [3]

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2 years ago

The yield on a one-year Treasury security is 5.8400%, and the two-year Treasury security has a 8.7600% yield. Assuming that the

mixer [17]

Answer:

Market estimate of the one year treasury rate one year from now is 11.76%

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3 years ago