Answer:
$22
Explanation:
The computation of the predetermined manufacturing overhead rate per hour is shown below:
= Total Factory overhead ÷ Estimated labor hours
where,
Total factory overhead is
= Salary of factory supervisor + Heating and lighting costs for factory + Depreciation on factory equipment
= $37,000 + $22,300 + $5,600
= $64,900
And, the machine hours is 2.900
So, the predetermined overhead rate is
= $64,900 ÷ 2,900
= $22
This is the answer but the same is not given in the options
In the simple quantity theory of money in the AD-AS framework, the AS curve kinked at natural real.
<h3>
What is AS curve or A
ggregate Supply Curve?</h3>
- The amount of real GDP that the economy produces at various price levels is represented by the aggregate supply curve.
- The methodology used to build the supply curve for all products and services is different from the methodology used to build the supply curve for individual goods and services.
- It is assumed that input prices will remain constant when calculating the supply curve for a certain good.
- The price level, however, defines the aggregate supply curve. As the price level rises, producers will be able to charge more for their goods, which will stimulate production.
- However, a price increase will also have a secondary effect that will eventually result in an increase in input prices.
To learn more about the Aggregate Supply Curve refer to:
brainly.com/question/24303271
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