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neonofarm [45]
2 years ago
8

Assume that a company uses a standard cost system and applies overhead to production based on direct labor-hours. It provided th

e following excerpt from the standard cost card of its only product: Standard Hours Standard Rate Standard Cost Fixed manufacturing overhead 2 hours $ 6.00 per hour $ 12.00 During the most recent period, the following additional information was available: The fixed overhead budget variance was $10,000 F. The budgeted amount of fixed overhead cost was $285,000. 46,000 direct labor-hours were actually used to produce 24,100 units. What was the actual amount of fixed overhead cost incurred during the period
Business
1 answer:
aivan3 [116]2 years ago
4 0

Answer:

See below

Explanation:

Given the above information, the actual amount of fixed overhead cost incurred during the period is computed as

= Actual units produced × Fixed manufacturing overhead

Given that;

Actual units produced = 24,100

Fixed manufacturing overhead = $12

Then,

The actual cost of fixed overhead incurred for the period is;

= 24,100 × $12

= $289,200

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Answer:

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The risk-free rate of return is 2.5 percent; the expected rate of return on the market is 7 percent. Stock X has a beta coeffici
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  • Stock is overpriced/ overvalued.
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A restaurant worker earns a set amount per hour from their employer. They also receive tips from customers. Their earnings most
icang [17]

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