Answer: $135.66
Explanation:
Given that,
Revenue earned in October = $550,000
Number of customers = 300
Operating costs:
Manager's Salary = $5,500
Gym Rent = 1,800
Depreciation Expense long dash Equipment = 7,000
Office Supplies Expense = 2,300
Utilities Expense = 1,600
Trainer's Salary = 22,500
Therefore,
Unit cost per customer = 
= 
= $135.66
Answer:
Explanation:
In order to be able to transform the log-linear model into a linear form that can be estimated using multiple regression analysis, we will have to multiply the equation by the natural logarithm (㏑).
Q = aHᵇSˣ
㏑ Q = ㏑a + b㏑H + x㏑S
Q* = a + bH* + xS*
Answer:
The correct answer is $28.
Explanation:
According to the scenario, the given data are as follows:
Estimated indirect cost = $170,000
Direct labor hours = 6,000 hours
Direct hour rate = $250
So, we can calculate the predetermined overhead allocation rate per direct labor hour by using following formula:
Predetermined Overhead allocation Rate per direct labor hour = Estimated Indirect cost / Total direct labor hour
= $170,000 / 6000 hours
= $28.33 per hour
= $28 per hour.
Hence, the predetermined overhead allocation rate per direct labor hour is $28.
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