Answer:
Predetermined manufacturing overhead rate= $33.33 per direct labor hour
Explanation:
Giving the following information:
Next year, the company anticipates total overhead costs of $2.5 million.
Estimated direct labor hours= 75,000
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 2,500,000/75,000
Answer:
The correct answer is E. master production schedules.
Explanation:
Master production schedules is not an input to the aggregate planning process all other options are its input,
Aggregate planning process is an attempt to respond to predicted demand within the constraints set by product, process and location decisions.
Hence, master production schedules is not a relevant input for this planning process but can be a result of the aggregate planning process. In other words master production schedule is formed after aggregated planning has been completed.
Answer:
95%, 73.1%
Explanation:
Actual output= 950 per year
Design capacity= 1300 per year (Theoretical capacity)
Effective capacity= 1000 per year (efficiency of the shop)
Now Efficiency = actual output/effective capacity = 950/1000 = 0.95, 95.0%
Utilization= actual output/ design capacity = 950/1300 = 0.7308, 73.1%
Answer:
B) 16.0%
Explanation:
The return on investment (ROI) measures the profits earned by an investor divided by the total amount invested.
cost of old trucks = $13,000 x 2 = $26,000
cost of new truck = $52,000 - $26,000 = $26,000
Cooper's controllable margin = $97,000
Assets = $580,000
assets after purchasing new truck = $580,000 + $26,000 = $606,000
ROI = $97,000 / $606,000 = 16%
