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Elena L [17]
3 years ago
8

A company expected its annual overhead costs to be $1,500,000 and direct labor costs to be $1,000,000. Actual overhead was $1,45

0,000, and actual labor costs totaled $1,100,000. How much is the company’s predetermined overhead rate to the nearest cent?
Business
1 answer:
Marianna [84]3 years ago
7 0

Answer:

$1.50

Explanation:

Predetermined Overhead Rate = Estimated Manufacturing Overhead Cost / Estimated Units of the Allocation Base for the Period

Predetermined Overhead Rate = $1,500,000 / $1,000,000

Predetermined Overhead Rate = $1.50

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When a company's employee is involved in an illegal activity or an accident while performing job related duties, both the employee and the company are responsible for the possible damages.

In this case Niles can be subject to criminal charges and Mountaintop to civil charges.

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Why does the term debit not always mean increase and credit does not always mean increase.
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3 years ago
A person running for political office is called a ____.
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Sergeu [11.5K]

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