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bezimeni [28]
3 years ago
8

Last month, a company had receipts totaling $3,700. The company had overhead costs of $444. What is the rate of overhead?

Mathematics
2 answers:
Arlecino [84]3 years ago
5 0
The rate of the over head is 12%
Mrac [35]3 years ago
3 0

Answer: 0.12

Step-by-step explanation:

Given : Last month, a company had receipts totaling $3,700.

The company had overhead costs of $444.

Then , the rate of overhead is given by :-

\text{Rate of overhead cost}=\dfrac{\text{Overhead cost }}{\text{Allocation measure for last month}}\\\\\Rightarrow\ \text{Rate of overhead cost}=\dfrac{444}{3700}\\\\=0.12

Hence, the rate of overhead is 0.12

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