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aliya0001 [1]
3 years ago
14

Martinez, Inc. manufactures a set of high-end computer storage systems for use by offices around the city. At the start of 2021,

management built the budget for the upcoming year. The manufacturing department of Martinez, Inc. estimated 12,000 units to be produced, $1.69 per unit of production in variable manufacturing overhead and $360,000 in total fixed costs for 2021. Assuming Martinez, Inc. applies manufacturing overhead based on the actual number of units produced, what is the predetermined overhead rate for the year? Round your final answer to two decimals.
Business
1 answer:
Margarita [4]3 years ago
4 0

Answer:

$30 per unit

Explanation:

Predetermined overhead rate for the year is computed as;

= Estimated manufacturing overhead / Estimated units to be produced

Given that;

Estimated manufacturing overhead = $360,000

Estimated units to be produced = 12,000 units

Predetermined overhead rate = $360,000/12,000 = $30 per unit

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The unemployment rate equals 5.10 percent

What is unemployment rate?

Unemployment rate is the portion of the labor force in an economy who are unable to find jobs for living.

The unemployment rate is determined as the number of unemployed divided by the labor force, in other words, the unemployment rate is computed thus:

unemployment rate=unemployed/labor force

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unemployment rate=7.8 million/153 million

unemployment rate=5.10%

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1 year ago
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Answer:

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Explanation:

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3 years ago
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Answer:

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Answer:

The correct answer is the option B: False.

Explanation:

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The point at which birth and death rates balance is called
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Answer:

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Explanation:

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