Answer:
Predetermined overhead rate = $0.8 per hour
Overhead applied in December = $34,960
Explanation:
Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hours
Predetermined overhead rate = $416,000 / 520,000 hours
Predetermined overhead rate = $0.8 per hour
(as Direct labor cost is equal to total direct labor hours worked multiplied by the wage rate.)
Actual Labor hour = 43,700
Overhead applied in December = 43,700 hours x $0.8 = $34,960
Your detailed expenses cost of sales and if the business made a profit or loss.
The amount of money the employee will earn each month would be considered part of an employee’s salary. This answer is the most suitable assuming that the employee receives the net salary amount. Employees receive the salary as a return for their work to the employer and employees usually receive this compensation at the end of the month<span>.</span>
Safety is the responsiblitiy of EVERYONE.
<u>The answer is (e) none of the above</u>
Explanation:
<u>The formula for calculating the total equivalent units for conversion costs =</u>
<u>A+B*C</u>
A = units transferred out to the next department/finished goods
B = units in closing work in process
C = percentage of completion with respect to the relevant cost component
Given that
A=100
B=140
C=10/100
<u>Total equivalent units for a cost component </u>=100+140*10/100
=>100+140*1/10
=>100+14=114
<u>So ,the answer of the above question is (e) None of these</u>