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Alex787 [66]
3 years ago
6

Smith Office Equipment​ Company's budgeted manufacturing overhead is $ 4 comma 500 comma 000. Overhead is allocated on the basis

of direct labor hours. The budgeted direct labor hours for the period are 60 comma 000. What is the manufacturing overhead​ rate?
Business
1 answer:
mr_godi [17]3 years ago
4 0

Answer:

$75

Explanation:

We know,

Manufacturing overhead​ rate = Budgeted manufacturing overhead ÷ Budgeted direct labor hours

Given,

Budgeted manufacturing overhead = $4,500,000

Budgeted direct labor hours = 60,000

Putting the values into the manufacturing rate formula, we can get,

Manufacturing overhead​ rate = $4,500,000 ÷ 60,000 hours

Manufacturing overhead​ rate = $75 per labor hour.

When the standard amount of factory cost is allocated to the production of every unit, it is called the overhead manufacturing rate.

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condominiums usually require a monthly fee for various services. at $320 a month, how much would a homeowner pay over a period o
Nataly [62]

$26880 , A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas.

<h3>What is condominiums?</h3>

A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas. The phrase can be used to describe both the entire structure or complex and each individual unit therein.

320*12=3840

3840*7=$26880

A condo, often known as a condominium, is a type of housing or residential complex that consists of distinct units, each of which is owned by a different person. A condo is rented directly from the condominium owner when it is rented.

Ownership is the main distinction between a condo and an apartment. Apartments are characterized as rented homes, frequently found in larger residential buildings. Condos are similar to apartments in structure and are typically apartments within larger residential buildings, but condos are owned rather than rented.

To learn more about condominium refer to:

brainly.com/question/1167654

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8 0
10 months ago
A major advantage to a business residence situation is_____
PolarNik [594]

Answer:

Difficult but if you are try it will be easier to you

3 0
2 years ago
Which of these statements best represents the law of supply? select one:
Nata [24]

The answer is: A.When the price of a good decreases, sellers produce less of the good

When the price of a good decrease, the amount of profit that the sellers could made is also decreasing. Because of this, sellers would feel less motivation to sell that product and start to reduce the supply of the product and replace it with newer ones.

7 0
2 years ago
The graph shows excess demand. A graph titled Excess supply has quantity on the x-axis and price on the y-axis. A line with posi
Tema [17]

Answer:

The price of goods needs to be increased.

Explanation:

Excess demand occurs when the quantity demanded is higher than the quantity supplied. This happens when the price of the good is lower than the equilibrium price. This can happen naturally in the market, or can happen if the government imposes a binding price floor.

The best way to solve excess demand is to raise the price, in order to reach equilibrium. Once in equilibrium, the price will coordinate the quantity supplied and the quantity demanded so that they're roughly equal.

7 0
3 years ago
Read 2 more answers
Paloma Co. Stars has four employees. FICA Social Security taxes are 6.2% of the first $113,700 paid to each employee, and FICA M
Firlakuza [10]

Answer:

Explanation:

Base on the scenario been described in the question we can calculate the following

1. Calculation of Employee’s FICA withholding for social security tax rate is 6.20%. Attachment 1 below

2.Calculation of Employee’s FICA withh... Attachment 2 below

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