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Yuki888 [10]
3 years ago
5

Sanborn Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year.

Business
1 answer:
fomenos3 years ago
6 0

Answer:

Predetermined manufacturing overhead rate= $34.17 per direct labor hour

Explanation:

Giving the following information:

Direct labor hours are estimated at 100,000 for the year.

Ordering and Receiving $120,000

Machine Setup $297,000

Machining  $1,500,000

Assembly $1,200,000

Inspection $300,000

Total estimated overhead= $3,417,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 3,417,000/100,000

Predetermined manufacturing overhead rate= $34.17 per direct labor hour

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Assume that General Electric (GE)'s current assets are $401 billion, fixed assets are $797 billion, current liabilities are $323
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Answer:

Answer is explained below in the explanation section.

Explanation:

Solution:

We can not solve this question as it lacks necessary data.

1. GE's Translation Exposure using current/noncurrent:

$401 billion - $401 billion = 0.

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2. Using Monetary/Non-monetary:

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GE's Exposure = ($401 billion + $797 billion) - $323 billion

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GE's Exposure = $875 billion

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