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Ludmilka [50]
3 years ago
14

The budgeted factory overhead cost is $460,000, the budgeted direct labor hours 80,000, and the actual direct labor hours is 6,7

00 for the month. What is the Single Plantwide Factory Overhead Rate, if the allocation is based on direct labor hours?
Select one:

a. $65.00 per direct labor hour

b. $68.65 per direct labor hour

c. $5.35 per direct labor hour

d. $5.75 per direct labor hour
Business
2 answers:
balandron [24]3 years ago
6 0
B..........................!.!.!.!.!!.!.!.!.
yarga [219]3 years ago
5 0

Answer:

b. $68.65 per direct labor hour

Explanation:

Allocating based on direct labor hours, divide the total budgeted overhead cost with the actual labor cost.

$460,000/6700 hours

$68.65/hour

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Mice21 [21]

Answer:

The answer is a. Organizational behavior

Explanation:

Organizational behavior simply put, is the academic study of how a group of people act within an organization. The results are then utilized to make the organization operate more effectively.

Organizational behavior studies can cover areas such as job performance, job satisfaction, innovations, and leadership within an organization. The goal is simply to see how these areas can be improved, which will then lead to organizational growth.

Organizational behavior is therefore proactive in nature and serves to improve the situations for a person, group of persons, or organization.  

7 0
3 years ago
Calculate the value of a bond that matures in 16 years and has a $ 1 comma 000 par value. The annual coupon interest rate is 13
spayn [35]

Answer:

$1,069.74

Explanation:

We use the present value formula which is shown in the attachment below:

Data provided in the question

Future value = $1,000

Rate of interest = 12%

NPER = 16 years

PMT = $1,000 × 13% = $130

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the value of the bond is $1,069.74

7 0
3 years ago
A seven-year-old boy breaks his tibia and requires immobilization by a hard cast for six weeks until the break heals. A potentia
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5 0
2 years ago
If a one-year bond has a face value of $5,000 and is sold for $4,500, what is the interest rate on the bond?
Arada [10]

Answer:

11.1%

Explanation:

The face value is $5000

It is sold for $4,500

Therefore the interest rate of this bond can be calculated as follows

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= 500

500/4500 × 100

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Hence the interest rate is 11.1%

6 0
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