Answer:
Estimated manufacturing overhead rate= $13.2 per direct labor hour
Explanation:
Giving the following information:
Estimated overhead= 730,000 + 590,000= $1,320,000
Total estimated direct labor hours= 52,000 + 48,000= 100,000
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 1,320,000/100,000= $13.2 per direct labor hour
The definition corresponds to the concept of prejudice, because it involves a set of opinions, thoughts, and feelings.
A prejudice is a concept from the Latin <em>praeiudicium </em>that refers to an opinion, thought, or feeling (usually negative) that a person has formed about something or someone in advance and without prior knowledge.
Prejudice is the action and effect of establishing a definition or a meaning for something before the opportune time, that is, before knowing it in depth.
Note: This question is incomplete because the question is missing. Here is the complete question:
- What concept does this definition correspond to?
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Answer:
Please see explanation
Explanation:
The forecast of 20% increase prepared by the state revenue commissioner is plausible because the new sales tax rate has also been increased by 20% in comparison with the old tax rate which can be calculated as follows:
Change in sales tax rate=change in tax rate/old tax rate
=6-5/5
=1/5
=20%