Examlex

Solved

Kelsh Company Uses a Predetermined Overhead Rate Based on Machine

question 33

Multiple Choice

Kelsh Company uses a predetermined overhead rate based on machine hours to appl? manufacturing overhead to jobs. The company has provided the following estimated costs for next year:  Direct materials $10,000 Direct labour 30,000 Sales commissions 40,000 Salary of production supervis or 20,000 In direct materials 4,000 Advertising expense 8,000 Rent on factory equipment 10,000\begin{array} { l c } \text { Direct materials } & \$ 10,000 \\\text { Direct labour } & 30,000 \\\text { Sales commissions } & 40,000 \\\text { Salary of production supervis or } & 20,000 \\\text { In direct materials } & 4,000 \\\text { Advertising expense } & 8,000 \\\text { Rent on factory equipment } & 10,000\end{array} Kelsh estimates that 5,000 direct labour hours and 10,000 machine hours will be worked during the year. The predetermined overhead rate per hour will be:

Understand the implications of intangible benefits in investment decision making.
Calculate and interpret the simple rate of return on an investment.
Understand the basic principles of how data is structured and stored.
Recognize the importance and uses of Big Data in organizations.

Definitions:

Tectum

Roof (area above the ventricle) of the midbrain; its functions are sensory processing, particularly visual and auditory, and the production of orienting movements.

Tegmentum

The tegmentum is a part of the brainstem involved in movement and arousal; it helps regulate many basic functions of life including awareness, and the modulation of pain.

Glial Cells

In the nervous systems, both central and peripheral, there exist cells that are not neurons but serve to protect and support neuronal cells.

Neurons

The basic working units of the brain and nervous system, cells that transmit information via electrical and chemical signals.

Related Questions