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3 years ago

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

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

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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Explanation:

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3 years ago

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madam [21]

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2 years ago

When two people witness something at the same time and in the same situation yet interpret it differently, factors that operate

SpyIntel [72]

Answer:

The correct answer is (A)

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3 years ago

Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has a f

natulia [17]

Answer:

YTM = 4%

Explanation:

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IOU (IOU) 6 Apr 19, 2034 111.44 ? 1,851

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YTM = Rate * 2

years to maturity = 2034 - 2018 = 16 years

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