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babymother [125]
3 years ago
11

If a worker earns $50 per hour in salary but the project is charged $75 per hour for each hour the individual works, then the ov

erhead rate is
Business
2 answers:
vredina [299]3 years ago
5 0
Overhead rate is calculated by dividing the overhead cost by the direct cost over a similar period of measurement. In our case, the basis is per hour. The overhead cost is the rough estimate of the cost made through the proper reference to the historical data for old establishments and projections for the new ones. This can be expressed as,
    overhead rate = (overhead cost / direct cost) x 100%

Substituting the known values,
   overhead rate = ($75 / $50) x 100%
   overhead rate = 150%

<em>ANSWER: overhead rate = 150% </em>
Rom4ik [11]3 years ago
4 0

The overhead rate is 150%.

Further Explanation:

Overhead: It refers to the costs required in running a business, but cannot be attributed to directly to any specific activity of the business. For example advertising, interest, supplies, travel expenditures, utilities accounting fees, taxes, insurance, repairs,telephone bills, legal fees, rent, and labor burden.

Overhead rate: It is the total indirect cost incurred in a specific time period according to the allocation criteria. The allocation measures are like machine time, square footage direct labor and hours.  

The overhead can be calculated as:

\text{Overhead rate}=\dfrac{\text{Overhead cost}}{\text{Direct cost}}\times100

Calculate the overhead rate:

<u>\begin{aligned}\text{Overhead rate}&=\dfrac{\text{Overhead cost}}{\text{Direct cost}}\times100\\&=\dfrac{\$75}{\$50}\times100\\&=150\%\end{aligned}</u>

<u>Therefore, the overhead rate is 150%.</u>

<u />

Learn more:

1. Learn more about the goal of the budget

brainly.com/question/1226004

2.      Learn more about the profit margins

brainly.com/question/10218300

3.      Learn more about the large expenditure

brainly.com/question/7744644

Answer details:

Grade: High School

Subject: Cost Accounting

Chapter: Overheads

Keywords: worker, $50 per hour, the project is charged $75 per hour, for each hour the individual works, the overhead rate, Overhead rate, Cost Accounting, Overhead cost, direct cost, costing, variable cost, fixed cost, total cost, overhead cost, indirect cost, cost of the product, wages, expenses, costing, profit, loss.

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g Oriole Company had actual sales of $1100000 when break-even sales were $660000. What is the margin of safety ratio? 67% 40% 33
Sonbull [250]

Answer:

40%

Explanation:

Oriole company has an actual sales of $1,100,000

The break even sales is $660,000

Therefore, the margin of safety can be calculated as follows

= Actual sales-break-even sales/actual sales

= $1,100,000-$660,000/$1,100,000

= $440,000/$1,100,000

= 0.4×100

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Hence the margin of safety is 40%

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3 years ago
find the future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate
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The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

<h3>What is Compounding?</h3>

Compounding is the method through which interest is added to both the principle balance already in place and the interest that has already been paid. Thus, compounding can be thought of as interest on interest, with the result that returns on interest are magnified over time, or the so-called "magic of compounding." After a year, you would receive $10 in interest if you deposited $1,000 into an account with a 1% annual interest rate. Compound interest allowed you to earn 1 percent on $1,010 in Year Two, which amounted to $10.10 in interest payments for the year.

Hence, The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

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Romashka [77]
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3 years ago
Quizlet, In a security review meeting, you are asked to calculate the single loss expectancy (SLE) of an enterprise building wor
sergiy2304 [10]

The formula that should be use to calculate the SLE will be SLE = 100,000,000 × 0.75

<h3>What is the Single-loss expectancy?</h3>

Single-loss expectancy is the monetary value expected from the occurrence of a risk on an asset. This is related to risk management and risk assessment where the exposure factor is represented in the impact of the risk over the asset, or percentage of asset lost.

The Single Loss Expectancy is used for Risk Management and it is the expected monetary loss when a risk occurs.

The  Single Loss Expectancy is related to Asset Value a exposure Factor. The formula used to compute the SLE is single Loss Expectancy (SLE) = Asset Value (AV) × Exposure Factor (EF)

In the given problem the asset value of the enterprise building is $100,000,000 & the exposure factor 75%.

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SLE = 100,000,000 × 0.75.

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Complete question:

a. 100,000,000 * 0.75/.01

b. 100,000,000/100 * 0.75

c. 100,000,000/0.75 * 100

d. 100,000,000 * 0.75

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WILL NAME BRAINLIEST IF SOMEONE CAN HELP!!!
AveGali [126]

Answer:

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