Answer:
$7.3 per direct labor hour
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= ($582,400) ÷ (80,000 direct labor hours)
= $7.3 per direct labor hour
Basically we divided the total estimated overhead by the estimated direct labor hours so that the predetermined overhead rate could come
Answer:
1. $53.75 per direct labor hour
2. $80.625 per machine hour
Explanation:
Total manufacturing overhead costs= $1112500+$500000 = $1612500
Total direct labor hours= 11000+19000=30000
Total machine hours= 5000+15000=20000
1. Company’s single plantwide overhead rate based on direct labor hours
= Estimated overhead costs/Estimated direct labor hours
=$1612500/30000
=$53.75 per direct labor hour
2. Company’s single plantwide overhead rate based on machine hours
= Estimated overhead costs/Estimated Machine hours
=$1612500/20000
=$80.625 per machine hour
Answer:
e. more women are in the paid labor force than in the past
Explanation:
The labor force is also known as the work force. It is defined as the labor pool that is either in the employment or the unemployed. It generally describes those people who are working for an organization.
The workforce today is changing and is different from the early days. The modern labor force is rapidly changing. There is a huge challenge for the HR professionals as there is increase in the diversity of race, gender, ethnicity , age distribution and the requirement of skills. Now-a-days more and more women are engaged in the paid labor force as compared to the early days. More women are learned and skilled and work under a paid labor force. They have shown success in many fields and are sometimes better performer than men.
Thus now more women are in the paid labor force when compared to the past.
Answer:
$2,435
Explanation:
Data provided in the question:
Number of shares sold = 100
Price of Lowe's stock = $24.50 per share
Dividend paid = $3.20
Price of buying stock = $20.00 per share
Commission paid = 15 cents per share = $0.15 per share
Now,
Total cost of selling the shares = $24.50 × 100
= $2,450
Total commission = $0.15 × 100
= $15
Therefore,
Proceeds from the short sale = $2,450 - $15
= $2,435
Answer:
the depreciation expense of the year 2020 is $18,870
Explanation:
The computation of the depreciation expense of the year 2020 is as follows:
= (Truck value - salvage value) ÷ (useful life) × (driven miles)
= ($109,700 - $4,200) ÷ (123,000 miles) × (22,000 miles)
= $18,870
Hence, the depreciation expense of the year 2020 is $18,870
