Answer:
$34 per hour
Explanation:
Direct labor hour
s:
= Labor cost ÷ Rate per hour
= $36,550 ÷ $17
= 2,150 Direct labor hours
Predetermined overhead rate
:
= Overhead applied on the basis of direct labor hour ÷ Number of hours
= $73,100 ÷ 2,150 hrs
= $34 per hour
Therefore, the predetermined overhead rate using the labor rate of $17 per hour is $34 per hour.
Answer:
D. $525,000
Explanation:
budgeted production = 15,000 units/month
unit production time required = 30 minutes => 0.5 hours
direct labor rate = $70 per hour
Budgeted cost of direct labor for the month = 15,000 * 0.5 * 70
= $525,000
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Heya
the ans is to the passengers or the person who was driving.
thank u
The 4 approaches to set approximate price level includes Demand-oriented, cost-oriented, profit-oriented, and competition-oriented.
In marketing, the determination of the price of a product or services can take different approach which includes:
- Demand-oriented: This method attempts to set price at level that intended buyers are willing to pay.
- Cost-oriented: This method of pricing attempts to set price at the level that will cover the total cost incurred for producing the product.
- Profit-oriented: This method of pricing attempts to set price at the level that guarantees the company's profitability
- Competition-oriented: This method of pricing attempts to set price while considering competition of other company
Therefore, the four approaches are used to set approximate price level.
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<em>brainly.com/question/7452044</em>