Use the Budget Data Shown Below for Sharp Company to Answer

question 176

Multiple Choice

Use the budget data shown below for Sharp Company to answer the questions that follow:
$$\begin{array} { l r } \text { Estimated direct labor hours } & 12,000 \\\text { Estimated direct labor dollars } & \$ 90,000 \\\text { Estimated factory overhead costs } & \$ 179,000 \\\text { Actual direct labor hours } & 11,500 \\\text { Actual direct labor dollars } & \$ 92,000 \\\text { Actual factory overhead costs } & \$ 180,000\end{array}$$
-If factory overhead is to be applied based on direct labor dollars, the predetermined overhead rate is

• A) 199%
• B) 196%
• C) $14.92
• D) $15.65

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Definitions:

Assimilation

The process by which individuals or groups adopt the culture and norms of another society, often losing their original identity.

Accommodation

In psychology, the process by which individuals adjust their cognitive structures to integrate new information.

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A form of communication that involves open, honest, and respectful exchange of ideas and opinions, emphasizing understanding and empathy.

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A form of speech in which children, during play, talk alongside each other but do not really interact or communicate directly, as observed in early childhood development.