Answer:
~ 1561.235
Explanation:
Given :
![Z=1.645](https://tex.z-dn.net/?f=Z%3D1.645)
![d = 200\ \\variance =64](https://tex.z-dn.net/?f=d%20%3D%20200%5C%20%5C%5Cvariance%20%3D64)
Standard deviation can be determined by the
Standard deviation=SD
=![\sqrt{64}\ =\ 8](https://tex.z-dn.net/?f=%5Csqrt%7B64%7D%5C%20%3D%5C%208)
![LT = 6\](https://tex.z-dn.net/?f=LT%20%3D%206%5C)
σ = 8
Now using the formula
![R\ =\ d \ *\ LT\ +Z\ \sqrt{LT^{2}\ +SD^{2} \ +\ d\ \sigma\ ^{2} } \\\\Putting\ the\ respective\ value\ we\ get \\R=200 * 6 + 1.645\sqrt{6 * 8^2 + 200 *1^2}](https://tex.z-dn.net/?f=R%5C%20%3D%5C%20d%20%5C%20%2A%5C%20LT%5C%20%2BZ%5C%20%5Csqrt%7BLT%5E%7B2%7D%5C%20%2BSD%5E%7B2%7D%20%5C%20%2B%5C%20d%5C%20%5Csigma%5C%20%5E%7B2%7D%20%20%7D%20%5C%5C%5C%5CPutting%5C%20%20the%5C%20%20respective%5C%20%20value%5C%20%20we%5C%20%20get%20%5C%5CR%3D200%20%2A%206%20%2B%201.645%5Csqrt%7B6%20%2A%208%5E2%20%2B%20200%20%2A1%5E2%7D)
R=1561.235
~ 1561.235
A measure such as direct labor-hours or machine hours used to assign overhead costs to products and services is called a cost driver or an allocation base.
An entity allocates its overhead costs on the basis of an allocation base. An allocation basis is a measurement, such as the amount of square footage occupied, kilowatt hours consumed, or machine hours used.
Cost accounting assigns overhead expenses using an allocation base. An allocation base can be a quantity, such as the amount of machine hours used, kWh spent, or occupied square footage.
Learn more about allocation base here
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Answer:
I need help too, I'm about to fail this
Answer:
Total materials variance = (Actual quantity * Actual price) - (Standard quantity * Standard price)
= 2,850 - (230 * 14.4)
= 462 (Favourable)
Materials price variance = (Standard price - Actual price) * Actual quantity
= [1.8 - (2,850/1,500)] * 1,500
= 150 Unfavourable
Materials quantity variance = (Standard quantity - Actual quantity) * Standard price
= [(230 * 8) - 1,500] * 1.8
= 612 Favourable
Total labour variance = (Actual hours * Actual rate) - (Standard hours * Standard rate)
= 19,458 - (230 * 84)
= 138 Unfavourable
Labour price variance = (Standard rate - Actual rate) * Actual hours
= [14 - (19,458/1,410)] * 1,410
= 282 Favourable
Labour quantity variance = (Standard hours - Actual hours) * Standard rate
= [(230 * 6) - 1,410] * 14
= 420 Unfavourable