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Nonamiya [84]
3 years ago
8

The predetermined manufacturing overhead rate for the year was 140% of direct labor cost; employees were paid $17.50 per hour. I

f the estimated direct labor hours were 15,000, what was the estimated manufacturing overhead? A. $210,000. B. $187,500. C. $262,500. D. $367,500.
Business
1 answer:
Aleks04 [339]3 years ago
5 0

Answer:

D. $ 367.500

Explanation:

We have to first compute the total direct labor cost. This is done by multiplying the estimated direct labor hours with the hourly rate.

Total Direct Labour costs $ 17.50 per hour * 15,000 hours  =  $ 262,500

Estimated manufacturing overhead per the data in the question is 140 % of Direct labor cost,

Estimated manufacturing overhead is $ 262,500 * 140 % = $ 367,500

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Answer:

Note: Missing question but the full question is attached as picture below

The Cash dividends paid to common stockholders can be obtained the financing activities section of the Consolidated statement of cash flows tagged (Payments of dividends and dividends equivalents)

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3 0
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Identify the difference, advantages and disadvantages between Intuition Assessment and Structured Analytical Techniques (SAT).
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8 0
2 years ago
Banks only offer one type of saving alternative to their customers.<br>True or False​
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True

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4 0
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Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Direc
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As per the data given in the question,

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