Luke Corp budgeted $500,000 of overhead costs for the year. Actual overhead costs for the year are $450,000 . Luke's plantwide allocation base, machine hours, was budgeted at 100,000 hours. Actual machine hours are 180,000 . Budgeted units to be produced were 200,000 units. Luke's plantwide factory overhead rate for the year is ________
a. $2.50
b. $5.00
c. $1.50
d. $4.00
b
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Retaining current customers is more expensive than gaining new customers
Indicate whether the statement is true or false
Barton Resort incurred the following costs to acquire and prepare land during 2015 for a new parking lot: purchase price for land, $800,000; cost to clear the land, $30,000; cost of paving, $40,000; and lighting for the parking lot, $20,000 . How much should Barton record in the Land Improvements account?
a. $30,000 b. $40,000 c. $60,000 d. $90,000
Which of the following is not an access control in a database system?
a. antivirus software b. database authorization table c. passwords d. voice prints
A transportation model usually consists of two layers, whiletransshipment modelsinclude one or no layers
a. True b. False