1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mariana [72]
3 years ago
5

Kirsten believes her company's overhead costs are driven (affected) by the number of direct labor hours because the production p

rocess is very labor intensive. During the period, the company produced 5,000 units of Product A requiring a total of 1,600 labor hours and 2,500 units of Product B requiring a total of 400 labor hours. What allocation rate should be used if the company incurs overhead costs of $20,000
Business
1 answer:
Vlad1618 [11]3 years ago
5 0

Answer:

Predetermined manufacturing overhead rate= $10 per direct labor hour

Explanation:

Giving the following information:

Product A:

Direct labor hours= 1,600

Product B:

Direct labor hours= 400

Estimated overhead= $20,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 20,000/2,000

Predetermined manufacturing overhead rate= $10 per direct labor hour

You might be interested in
At the beginning of Year 1, a company reported a balance in common stock of $169,000 and a balance in retained earnings of $69,0
elixir [45]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.  

And, the balance sheet comprises of the assets and liabilities. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.

The preparation of the statement of stockholders’ equity and the balance sheet is presented in the spreadsheet. Kindly find the attachment below:

7 0
3 years ago
PLEASE HELP!
lyudmila [28]

Paralegal - Assist an attorney in research and administrative tasks.

Federal Aid Coordinator - Evaluate student applications for financial aid.

Corrections Officer - Supervise the management of a prison facility.

8 0
3 years ago
Read 2 more answers
The information economy embodies the ____________ sector of a nation's economy.
sineoko [7]
Hello!

The correct answer for the blank is: Quaternary.

I really hope this helped you out! :)
5 0
3 years ago
A not-for-profit firm uses a small convenience sample to gather data on customer reactions. It invites a small group of customer
Rzqust [24]

Answer:

D. informal surveys is the correct answer

Explanation:

  • Informal survey objectives are to develop an understanding and to collect on the farmers' and customer's situations and also to plan the process to find a solution for these types of problems.
  • In the informal surveys, data gathering process is iterative and interviews are semi directed which is  carried out by the interdisciplinary member
  • Informal surveys are also called as exploratory surveys.
5 0
3 years ago
Which group can receive millions in dollars in revenue from stadium parking?
qaws [65]
<span>The process of developing, promoting, and distributing products?</span>
7 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following communication network structures has the highest centralization?
    6·1 answer
  • What advice does Lisa Marie Ford have for people interested in a career in marketing or business? (Site 1)
    9·2 answers
  • g Which of the following is a good reason to invest in convertible​ bonds? A. They often have higher than normal coupon rates. B
    8·1 answer
  • Select all of the information that appears on a bank statement.
    9·2 answers
  • b) IKEA is also very "IKEA-centric." For example, the IKEA store itself will be laid out as a maze that requires customers to wa
    11·1 answer
  • Checking account A charges a monthly service fee of $20 and a wire transfer fee of $3, while checking account B charges a monthl
    15·2 answers
  • A portion of a document that can be formatted differently and separately from the rest of the document is a ________.
    7·1 answer
  • Seacrest Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5 par common stock. The follo
    9·1 answer
  • Rosalina has recently been passed over for a promotion. This is the third time it has happened despite excellent performance rev
    8·1 answer
  • In 2019, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. T
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!