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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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6 0
3 years ago
1) When there is uncertainty in the marketplace, what happens to yield spreads and why?2) Why do venture capital companies often
Yuki888 [10]

Answer and Explanation:

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2.preferred stock positions pay more consistent dividends that common stock positions and also pay higher than bonds.

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5 0
4 years ago
Beaver Company (a multi-product firm) produces 5,000 units of Product X each year. Each unit of Product X sells for $8 and has a
Jlenok [28]

Answer:

C. Decrease by $7,000

Explanation:

Calculation to determine what company's overall operating income would Decrease by

Using this formula

Overall operating income =(Product X units*Contribution margin )-Fixed overhead eliminated

Let plug in the formula

Overall operating income=(5,000 units*$5)-$18,000

Overall operating income=$25,000-$18,000

Overall operating income=$7,000 Decrease

Therefore As a result of discontinuing Product X, the company's overall operating income would:Decrease by $7,000

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3 years ago
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4 years ago
What is the failure rate for a franchise?
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