Answer:
Total overhead $
Indirect material ($0.5 x 200,000 units) = 100,000
Utilities ($0.25 x 200,000 units) = 50,000
Supervisory salaries = 60,000
Building rent = 80,000
Total overhead 290,000
Overhead rate = <u>Budgeted overhead</u>
Budgeted direct labour hours
= <u>$290,000</u>
100,000 hours
= $2.90 per direct labour hour
Explanation:
In this case, we need to obtain the total overhead, which is the total of indirect material, utilities, supervisory salaries and building rent.
Then, we will divide the total overhead by direct labour hours so as to determine the overhead rate.
Bid adjustments. If you don't find an answer on this site use Google.
Depending on where you take your snake, what condition its in and wether it is male or female (females are worth more)will all effect its value.
Answer:
The raw material inventory turnover is 9.2 times or 40 days
Explanation:
This problem requires us to compute raw material inventory turnover. The inventory turnover ratio is calculated by dividing the inventory used for a period by the average inventory for that period. Average inventory is used instead of ending inventory because many companies' merchandise fluctuates greatly throughout the year.
So RM inventory turnover = RM used/Average inventory
= 104,600/11,350*
= 9.2 times or 40 days**
* Average inventory = (9,900+ 12,800)/2
** (365/9.2) = 40 days
Answer:
D
Explanation:
According to an article published on modernhealthcare.com on Feb-2019, around 33% of total health care spending goes to hospital care. 33% calculates as to one-third of total health care spending portion.
