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Naddika [18.5K]
3 years ago
7

For most goods, a rise in people’s income means that there will be

Business
1 answer:
Ksenya-84 [330]3 years ago
3 0
C. An increase in demand.

Because people will have more money available for demanding further of those goods. Certain exceptions apply to these rule.
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A company bases its predetermined overhead rate on direct labor cost. For next year, total factory overhead cost is estimated at
AlekseyPX

Answer:

Allocated MOH= $18,750

Explanation:

Giving the following information:

The estimated total factory overhead= $300,000

Total estimated direct labor cost= $240,000.

The actual direct labor cost was $15,000.

First, we need to calculate the estimated overhead rate based on direct labor cost. Then, we can allocate overhead.

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

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

Estimated manufacturing overhead rate= 300,000/240,000= $1.25 per direct labor dollar

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.25*15,000

Allocated MOH= $18,750

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Which of the following describes how the U.S. government protects and supports farmers and ranchers?
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through allowing agribusiness companies to create oligopolies

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What is the Securities and Exchange Commission (SEC)?
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The typical soft drink can in the U.S. has a volume of 355 cm3. The two circular ends cost $0.0008 per cm2 each (because they ar
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