<span>Given the theory that, the goal of brand management is to keep a brand image that is appealing to as many potential buyers as possible. The key to accomplishing this goal of course being, exposure of the appealing brand marketing to the potential buyers. I think you tube would be best.</span>
$34 per hour was the predetermined overhead rate using the labor rate of $17 per hour.
Direct labor hours:
= Labor cost ÷ Rate per hour
= $36,550 ÷ $17
= 2,150 Direct labor hours
Predetermined overhead rate :
= Overhead applied on the basis of direct labor hour ÷ Number of hours
= $73,100 ÷ 2,150 hrs
= $34 per hour
<h3><u>What is </u><u>
Predetermined overhead rate ?</u></h3>
- The amount of the overall manufacturing overhead cost that will be allocated to each unit of product created is calculated using a predefined overhead rate, sometimes referred to as a plant-wide overhead rate.
- The rate is calculated by dividing the projected number of direct work hours by the fixed overhead cost.
- New product pricing and fluctuations in overhead expenses are computed using the specified overhead rate.
- For actual results compared to budgeted or predicted results, variances can be determined.
- Given that the rate is based on projections rather than real facts, there are worries that it may not be reliable.
- Additionally, previous data may not be a good indicator of future overhead expenses due to shifts in industry patterns and prices.
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One way would be to get donors
Hope this helped
