Based on the information given the predetermined overhead rate is 31.89 per direct labor hour.
<h3>Predetermined overhead rate</h3>
Using this formula
Predetermined Overhead rate = Estimated manufacturing overhead / Estimated total labor hours
Let plug in the formula
Predetermined Overhead rate = [$1,026,260 + (46,000×6.25)] / 41,200
Predetermined Overhead rate =1,313,760/ 41,200
Predetermined Overhead rate = 31.89 per direct labor hour
Inconclusion the predetermined overhead rate is 31.89 per direct labor hour.
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Answer:
The correct answer is character
Answer:
increases the same amount with tariffs and equivalent quotas.
Explanation:
In Economics, a surplus refer to the amount by which the quantity supplied of a good exceeds the quantity demanded of the same good.
A producer surplus is the amount by which a buyer is willing to pay for a particular good minus the cost of producing the same good.
On the other hand, a consumer surplus is the amount by which a buyer is willing to pay for a particular good minus the amount the buyer actually pays for it.
In the case of a small country, a producer surplus increases (raises) the same amount (an amount a buyer is willing to pay for a good minus the cost of producing the good) with tariffs and equivalent quotas.
A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.
Generally, tariffs can reduce both the volume of exports and imports in a country. In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.
Answer:
<u> its intangible product.</u>
Explanation:
Analyzing the context of the above question, it can be said that in terms of product strategy, the telephone message from the Reject Hotline is classified as its intangible product, as this resource is configured as a service, which is something that is not it can touch, see or feel, that is, it is intangible, but it is the performance of an activity that satisfies a need.
Answer:
$46.2
Explanation:
Data provided in the question
Annual production and the sales of product A = 1,750 units
Annual production and the sales of product A = 1,150 units
Product A = 0.4 direct labor hours per unit
Product B = 0.7 direct labor hours per unit
Predetermined overhead rate = $66 per direct labor hour
So by considering the above information, the amount of overhead cost for product B is
= Predetermined overhead rate × direct labor hours per unit for product B
= $66 × 0.7
= $46.2
