Answer:
$31 per hour
Explanation:
The predetermined overhead rate is computed as
= Estimated manufacturing overhead / Estimated direct labor hours
Given that
Estimate manufacturing overhead = $629,300
Estimated direct labor hour = 20,300
Therefore,
Predetermined overhead rate
= $629,300 / 20,300
= $31 per hour
Answer:
Direct distribution
Explanation:
Direct distribution refers to a direct sales strategy where a company delivers its products directly to its costumers. This way the company avoids using intermediaries and retailers, and is able to either reduce distribution costs or increase profit margins.
Using the straight-line method, depreciation for 2024 and book value on december 31, 2024, would be: Same
<h3>Define Straight-line method .</h3>
A technique of calculating periodic Depreciation that entails deducting the scrap value from the cost of a depreciable asset and dividing the resulting amount by the projected number of periods of usable life of the asset.
The cost of an item is evenly dispersed across the period of time it will be utilized, or its "useful life," using straight-line depreciation. It simply needs three inputs to calculate: the asset's cost, its usable life, and its anticipated salvage value, which is how much the item will probably be worth .
To know more about straight-line method , visit:
brainly.com/question/23775950
#SPJ4
Answer: Option C
Explanation: A balance sheet can be defined as a type of financial statement. It records all the resources owned by the company as assets, its debt obligation as liabilities and the total amount of funds invested by the owners as stockholders equity.
Unlike income statement, the balance sheet is prepared at a particular point of time, generally at the end of the year.