Answer:
Estimated manufacturing overhead rate= $38.25 per direct labor hour
Explanation:
Giving the following information:
Zephyros Corporation had estimated manufacturing overhead costs for the coming year to be $306,000. The total estimated direct labor hours for the coming year are 8,000
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 306,000/8,000= $38.25 per direct labor hour
If you focus on managing the production and delivery of your organization’s products or services more effectively, you are managing its. Operations
This is further explained below.
<h3>What is
Operations management?</h3>
Generally, Operations management is a subfield of management that focuses on the planning and administration of the production process, as well as the reorganization of corporate operations that are involved in the manufacturing of products or services.
Additionally, operations management is concerned with the reorganization of corporate operations that are involved in the distribution of goods.
The process of ensuring that goods are transported from one location to another in a way that is not only effective but also efficient is referred to as "delivery management," and it falls within the purview of delivery management.
In conclusion, You will be better able to manage your firm if you concentrate on improving the efficiency with which it manufactures and distributes the goods or services it offers. Operations
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.... She attempts to influence her clients to switch to printing on the new materials. This is known as a proactive type of approach
This is further explained below.
<h3>What is
a proactive type of approach?</h3>
Generally, Proactive actions prepare for the future. Proactivity is a desired attribute in an individual, team, or organization. Reactive methods wait for the future to happen before acting.
In conclusion, "Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on recycled paper, Loretta decides to stock some recycled paper products anyway because she sees this as an opportunity to increase her company’s reputation for sustainability. She attempts to influence her clients to switch to printing on the new materials." is a proactive type of approach
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Answer:
The answer is: setting product prices high enough for the company to be profitable.
Explanation:
Production cost refers to the <u>cost that a company has incurred from the moment it manufactured its product, towards the delivery until it provided the product or service to the customers. </u>Part of this cost are the taxes that are imposed on the product or service.
So, in order to control costs, the production cost report is being used by managers in order to set product prices high enough for the company to be profitable.
or example, if the production cost is higher than the sale price of a product, then the company could either l<u>ower their production cost or set their product prices high enough in order to be profitable.</u> If they cannot do both, then they could stop producing the product or service.
