Fredin Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead$80,400 Budgeted fixed manufacturing overhead 185,700 Total budgeted manufacturing overhead $ 266,100 Budgeted production (a) 15,000unitsStandard hours per unit (b) 2.00labor-hoursBudgeted hours (a) × (b) 30,000labor-hoursThe fixed component of the predetermined overhead rate is closest to:
A. $8.36 per labor-hour
B. $6.19 per labor-hour
C. $12.38 per labor-hour
D. $16.73 per labor-hour
Answer: B
You might also like to view...
The combination of relationships, problems, demands, tasks, and other features of an employee's jobs is referred to as
A. formal education. B. job appraisals. C. technical training. D. interpersonal relationships. E. job experiences.
Reviewing your own assumptions and conclusions for validity also ensures what?
A) That the information is accurate B) That the quantity of the information is appropriate C) That the information is relevant D) That the information is ethical E) That the information well written
Ratification gives the agent the same right to compensation that he or she would have had if there had been prior authorization.
Answer the following statement true (T) or false (F)
Holiday Inn divided the total customer market into smaller segments and selected the most promising segments. Deciding what position it wants to occupy in these segments is called diversification
Indicate whether the statement is true or false