Bob Burgers allocates manufacturing overhead to jobs based on direct labor hours. The company has the following estimated costs for the upcoming year: Direct materials used $50,800 Direct labor costs $70,000 Wages of factory janitors $39,500 Sales supervisor salary $51,600 Utilities for factory $16,100 Rent on factory building $13,200 Advertising expense $5130 The company estimates that 1420 direct labor hours will be worked in the upcoming year, while 1400 machine hours will be used during the year. The predetermined manufacturing overhead rate per direct labor hour will be (Round your answer to the nearest cent.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Bob Burgers allocates manufacturing overhead to jobs based on direct labor hours. The company has the following estimated costs for the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Shen wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacation is priced at $750. He has only $1,537 in his checking account, so he cannot afford to purchase both.
Answers (1)
Maloney's, Inc. has found that its cost of common equity capital is 17 percent and its cost of debt capital is 6 percent. The firm is financed with $3,000,000 of common shares (market value) and $2,000,000 of debt.
Answers (1)
A company doing marketing research finds that a 10 percent decrease in its product's price would create a 5 percent increase in the quantity demanded of its product. a. Based on this information, demand for the company's product is. b.
Answers (1)
Shelton Co. purchased a parcel of land six years ago for $858,500. At that time, the firm invested $130,000 in grading the site so that it would be usable.
Answers (1)
Which company developed the first commercially successful computer? a. ibm b. apple c. amazon d. microsoft
Answers (1)
New Questions in Business
Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each year, she will deposit $570 in her local bank, which pays her 6% annual interest.
Answers (1)
Suppose you like to make, from scratch, pies filled with banana cream and vanilla pudding. You notice that the price of bananas has increased. As a result, your demand for vanilla pudding would a. decrease. b. increase. c. be unaffected. d.
Answers (1)
The partnership dissolves when a partner leaves. this characteristic is called A. Mutual agency B. Limited life C. Limited liability D. Unlimited life
Answers (2)
The production of methamphetamine (meth) is a social problem in the Midwest. Iowa is considering two potential programs: Operation Methbust would increase the number of sheriffs' deputies to search out and destroy methamphetamine labs.
Answers (2)
Which best describes the benefits of renting a house
Answers (1)