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Vilka [71]
3 years ago
12

Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, t

he company based its predetermined overhead rate on total estimated overhead of $85,120 and 2,800 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $86,870 and actual direct labor-hours were 2,700. The pre-determined overhead rate for the year was closest to:_____.a. $31.60.b. $33.62.c. $30.36.d. $32.30.
Business
1 answer:
Lana71 [14]3 years ago
3 0

Answer:

Overhead rate is $30.4

So option (c) is correct option

Explanation:

We have given total estimated overhead = $85120

Estimated direct labor hours = 2800

Actual manufacturing overhead for the year = $86870

Actual labor hour = 2700

We have to find overhead rate for the year

Overhead rate is equal to the ratio of estimated overhead to estimated labor hour

Therefore overhead rate =\frac{85120}{2800}=30.4$

So option (c) is correct

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Multi-market competition occurs when two or more diversified firms:
azamat

Answer:

The correct answer is letter "D": simultaneously compete against each other in the same product areas geographic markets.

Explanation:

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Answer:

The correct answer is $9,850,000

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