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balandron [24]
3 years ago
10

Boaz Company had the following information: Estimated Overhead $ 300,000 Actual Overhead $ 350,000 Estimated labor hours 75,000

Actual labor hours 84,000 What is the predetermined overhead rate if labor hours are used as the allocation base?a. $3.57 per labor-hour
b. $4.00 per labor-hour
c. $4.67 per labor-hour
d. $4.17 per labor-hour
Business
1 answer:
Genrish500 [490]3 years ago
7 0

Answer:

b. $4.00 per labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = Estimated overhead ÷ Estimated labor hours

= $300,000 ÷ 75,000 labor hours

= $4.00 per hour        

By dividing the estimated overhead by the estimated labor hours we can find out the predetermined overhead rate and we did the same in the above calculation

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Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the  statement suggests that option c) there is a trade off between studying and sleep.

<h3>What means trade-off?</h3>

The Definition of trade-off is known to be the act or the process that is used in equalizing the factors all of which are not able to achieve at the same time such as the trade off between studying and sleep.

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Therefore, Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the  statement suggests that option c) there is a trade off between studying and sleep.

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Answer:

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6 0
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