The Following Information Has Been Gathered for Foxmoor Industries for Its

question 81

Multiple Choice

The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31:
$\begin{array}{lrr}\text { Estimated factory overhead costs } & \$ 1,500,000 \\\text { Actual factory overhead costs } & \$ 1,776,400 \\\text { Estimated labor hours } & 48,000 \\\text { Actual labor hours } & 51,700 \\\text { Estimated labor costs } & \$ 756,000 \\\text { Actual labor costs } & \$ 840,125 \\\text { Estimated machine hours } & 96,000\\\text { Actual machine hours }&102,600\end{array}$


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What is the predetermined factory overhead rate per labor dollar?

• A) 178.54%.
• B) 211.44%.
• C) 118.43%.
• D) 198.41%.

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Definitions:

Organizational Culture

The shared values, beliefs, practices, and norms that define the social and psychological environment of a business organization.

Internal Recruiting

The process of filling job vacancies within an organization by considering current employees for advancement or lateral job moves.

Higher-level Openings

Job vacancies that are available at a more senior, advanced, or skilled level within an organization.

New Ideas

Innovative or original thoughts and concepts that have not been previously considered or explored.