Based on the labor hours and the overhead rate as well as the fixed cost, the total budgeted overhead cost will be $12,500.
<h3>What is the budgeted overhead cost?</h3>
This can be found as:
= (Variable cost per labor hour x Number of labor hours) + Fixed overhead cost
Solving gives:
= (20 x 600) + 500
= 12,000 + 500
= $12,500
In conclusion, the total overhead cost that would be budgeted is $12,500.
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I think the answer would be futurecasting. It is one method used in strategic planning. It involves the practice of perceiving what you future might be looking at present trends and how would this affect the future. Hope this answers the question.
Answer:
Answer is option C, i.e. Exists for profit.
Explanation:
A fraternity benefit society or benefit society are incorporated body that exist to provide benefits and insurance during any sundry difficulties to its various registered member. These societies do not have any beforehand capital stock with them. And also these societies do not operate for profit motive as their ultimate help is to provide financial support to its members in times of need.
Yes. Roberey can include fake money.
In order for more efficient workers to earn higher wages, a company would have to be using a <u>differential rate </u><u>pay </u><u>structure.</u>
<h3>What is a differential rate pay structure?</h3>
- Workers are paid based on time taken to complete tasks.
- Workers who finish by the time they are supposed to are paid higher.
Efficiency refers to finishing tasks in a particular time which means that those employees who finish on time are more efficient and will get a higher pay.
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