Answer:
Estimated manufacturing overhead rate= $30.5 per direct labor hour
Explanation:
Giving the following information:
Direct labor-hours= 79,000 labor-hours.
The estimated variable manufacturing overhead was $11.90 per labor-hour and the estimated total fixed manufacturing overhead was $1,469,400.
To calculate the predetermined 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= (1,469,400/79,000) + 11.9= $30.5 per direct labor hour
Debited to the inventory account.
Hope this helps!
D is. It's very wrong to underestimate somebody's abilities or knowledge. We should never do that. It's also rude.
Answer:
$1803.33
Explanation:
average total cost = average variable cost + average fixed cost
average total cost = total cost / quantity = $35000 / 15 = $2,333.33
average fixed cost = $2,333.33 - $530 = $1803.33
