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anyanavicka [17]
2 years ago
5

A company uses direct labor costs as it allocation base. Management estimates the company will incur $150,000 of direct labor co

st during the year and total overhead costs of $200,000. What is their predetermined overhead rate? 1.33% 133% 50% 75%
Business
1 answer:
kumpel [21]2 years ago
7 0

Answer:

133.33%

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = Total overhead cost ÷ direct labor cost

where,

Total overhead cost is $200,000

And, the direct labor cost is $150,000

Now placing these values to the above formula

So, the predetermined overhead rate is

= $200,000 ÷ $150,000

= 1.33%

We simply applied the above formula

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Montano1993 [528]

Answer:

A) the affordable method,

In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.

B) the percentage-of-sales method,

In Fine Fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000.

C) the competitive-parity method,

In Fine Fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. Therefore, the promotional budget is set at $200,000.

D) the objective-and-task method.

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Explanation:

A) is deciding the promotion expense considering how much can afford based on the expenses budget

B) determninate the promotion based on a percentage of expected sales

C) the company will look at their competitors promotion expense and try to keep up with that level to avoid being left behind

D) management will determinate on a monthly/ weekly basis where and how much to promote

8 0
2 years ago
The 2016 balance sheet of Whole Foods Market reports operating assets of $5,489 million, operating liabilities of $2,066 million
frosja888 [35]

Answer:

Correct option is E.

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There is not enough information to calculate the amount.

Net operating asset= Operating Assets  - Operating Liabilities

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Hence Average net operating assets can't be calculated by given information.

8 0
2 years ago
Spaniards can produce 10 gallons of wine or 8 gallons of olive oil per worker hour. Americans can produce 9 gallons of wine or 6
Drupady [299]

Answer:

a. Americans, Spanish

Explanation:

<u>Particulars  Wine  Olive Oil    Opportunity   Opportunity cost of Olive oil</u>

<u>                                          cost of Wine</u>

Spaniards    10            8           0.8                   1.25

Americans   9             6           0.67                 1.5

From the above table, the first option is correct

3 0
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Answer:

The correct option is A,safety needs

Explanation:

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In other words, by paying them something extra they are placed in the safety needs hierarchy where they are also able to look after personal security,comfort,good health as well as acquisition of property.As result,there is no doubt that the living wage satisfies the safety needs' hierarchy in Abraham Maslow's hierarchy of needs

6 0
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Computing Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries LO6-4 [The followin
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