Answer:
$14,000 under applied
Explanation:
Given that
Material production = $203,000
Application rate = 150%
The computation of amount of overhead is shown below:-
Overhead = Material production × Application rate
= $203,000 - ($126,000 × 1.5)
= $203,000 - $189,000
= $14,000 under applied
Therefore, for computing the overhead we simply multiply the material production with application rate percentage.
Answer:
The most common reasons small businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.
Demand for the product,the season the product is in or if its outdated