Answer:
$3; $4.5
Explanation:
Total direct labor hour:
= Handbags + Moccasins
= (60,000 × 2) + (40,000 × 3)
= 120,000 + 120,000
= 240,000 direct labor hours
Total Overheads = $360,000
Overhead rate per direct labor hour:
= Total Overheads ÷ Direct labor hour
= $360,000 ÷ 240,000
= $1.5
Total OH cost per unit for handbags:
= OH rate per DLH × DLH per unit
= $1.5 × 2
= $3
Total OH cost per unit for Moccasins:
= OH rate per DLH × DLH per unit
= $1.5 × 3
= $4.5
Answer:
Explanation:
Answer:
Total
Units Produced
42000
15000
Hours per unit
1
3
Total Hours
42000
45000
87000
So total hours required = 87000 hours
Now we will find overhead rate per hour
Total Overhead= $846.000
Overhead Rate per Hour
=$ 846000/87000
= $9.72 per Hrs.
overhead rate per hour =$ 9.72 per hour
_______________________________________
Car
Wheel
Total Hrs.
42000
45000
Hourly Rate
$9.72
$9.72
Allocated Overhead
$408414.00
$437586
_________________________________________________
Activity
No. of
Activity
Overhead Cost
Cost Per Activity
Setting up machines
1000
$215,000
$215.00
Assembling
87000
$347,000
$3.99
Inspection
1200
$284,000
$236.67
Activity
Car=A
Truck =B
Rate=C
Total $ Car=A*C
Total $ Truck=B*C
Setting up machines
200
800
$215.00
$43,000.00
$172,000.00
Assembling
42000
45000
$3.99
$167,517.24
$179,482.76
Inspection
100
1100
$236.67
$23,666.67
$260,333.33
$234,183.91
$611,816.09
Answer:
Explanation: B Food Products & Processing Systems
It is indeed quantity supplied and the economists define it as the amount of a good that sellers are willing to sell and are able to sell. One of the movements related to the quantity supplied syas that when there are rising prices then there are new firms into a market and add to the quantity supplied of a good. Quantity supplied can be measured with a Market supply curve or the <span>Elasticity of supply.</span>