User Account

All Pages

What is the overhead rate per hour

Assignment Help Accounting Basics
Reference no: EM131987042

Question - You are contemplating awarding a contract to the Azusa Manufacturing company for the assembly of wiring harnesses. Included in the cost estimate was 3,000 hours of direct labor. The company uses a plant-wide overhead rate. Assume that the projected overhead costs for the coming period are $3,800,000, and the projected direct labor amounts to 215,000 hours.

1. What is the overhead rate per hour?

2. Using above rate, what is the dollar amount of the overhead applicable to the contract?

Reference no: EM131987042

Questions Cloud

Designation for respective life insurance policies : Which is the most appropriate beneficiary designation for their respective life insurance policies?
Future state of the internetworking infrastructure : Primary School Network Design with Guest Network - Analyse and report on the current and future state of the internetworking infrastructure and its applications
Write an essay about thousand splendid of suns : Write an essay about Thousand splendid of suns. Jalil is the opposite of Rasheed, he always submits to his wives, and can't stand up for himself.
Discuss how the three levels of management hierarchy : Review at least 4 academically reviewed articles on each management hierarchy. Summary the articles in your own words.
What is the overhead rate per hour : Assume that the projected overhead costs for the coming period are $3,800,000, What is the overhead rate per hour
Mrs thomas daughter have to report : Her daughter just sold the stock at $60 per share. How much gain if any, will Mrs. Thomas's daughter have to report?
Consider the historical data visualization : Consider the historical data visualization developed by Charles Minard describing Napoleon's army march toward and eventual retreat from Moscow.
Determine the amount of dividends paid to common stock : Please determine the amount of dividends paid to common and preferred stock for each scenario presented above
Make you indifferent between buying and leasing : What is the resale price in four years that would make you indifferent between buying and leasing?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd