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Ivanshal [37]
3 years ago
6

Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus

ting Cost of Goods Sold for Under- and Overapplied Overhead At the beginning of the year, Han Company estimated the following: Overhead $582,400 Direct labor hours 80,000 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 6,950. By the end of the year, Han showed the following actual amounts: Overhead $613,320 Direct labor hours 84,100 Assume that unadjusted Cost of Goods Sold for Han was $927,000. Calculate the predetermined overhead rate for Han. Round your answer to the nearest cent. 7.3 X per direct labor hour.
Business
1 answer:
kozerog [31]3 years ago
5 0

Answer:

$7.3 per direct labor hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= ($582,400) ÷ (80,000 direct labor hours)

= $7.3 per direct labor hour

Basically we divided the total estimated overhead by the estimated direct labor hours so that the predetermined overhead rate could come

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Item 15 write a function that represents the situation. find the balance a in the account after the given time period t. $2000 d
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3 years ago
If the required reserve ratio is 2.50 percent, what is the monetary multiplier? if the monetary multiplier is 5, what is the req
ludmilkaskok [199]

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Answer:

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Besides the actual mortgage payment, which also factors into the monthly payment on a home?
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