Predetermined overhead rate by the actual activity level

Assignment Help Financial Management

Reference no: EM132065172

1. The predetermined overhead rate for manufacturing overhead for 2008 is four dollars per direct labor hour. Employees are expected to earn five dollars per hour and the company is planning on paying its employees $100,000 during the year.however, only 75% of the employees are classified as "direct labor".What was the estimated manufacturing overhead for 2008?

A. $60,000

B. $75,000

C. $80,000

D. $93,750

2. If a company multiplies it's predetermined overhead rate by the actual activity level of the allocation base it is using

A. Standard costing

B. Normal costing

C. Actual costing

D. Budget costing

E.Ideal costing

Reference no: EM132065172

Questions Cloud

Cost per unit are greater than volume based cost per unit : Activity based cost per unit are greater than volume based cost per unit. A map maker uses a contact form on his website. This is a CRM tool.

Capital budgeting options are available to compensate : What capital budgeting options are available to compensate for such an error.

What does the international fisher effect conclude : What does the International Fisher Effect conclude?

Companies using activity-based costing : Companies using activity-based costing have learned that cost are a function of.

Predetermined overhead rate by the actual activity level : If a company multiplies it's predetermined overhead rate by the actual activity level of the allocation base it is using

Interpreting and analyzing graphic presented within text : Which of the following should you do when interpreting and analyzing a graphic presented within a text?

What will be effect on the EPS : Calculate the EPS. If the sales increases by 5%, what will be effect on the EPS.

Which company is performing better : Based on the EPS, which company is performing better?

Considering investing in mutual fund : You are considering investing in a mutual fund. The fund is expected to earn a return of 15 percent in the next year.

User Account

All Pages