The Roget Factory Has Determined That Its Budgeted Factory Overhead

question 28

Multiple Choice

The Roget Factory has determined that its budgeted factory overhead budget for the year is $15,500,000.They plan to produce 2,000,000 units.Budgeted direct labor hours are 1,050,000 and budgeted machine hours are 750,000.Using the single plantwide factory overhead rate based on direct labor hours,calculate the factory overhead rate for the year.

• A) $14.76
• B) $20.67
• C) $7.75
• D) $77.50

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Definitions:

Hypothalamus

Small structure in the brain located below the thalamus and directly above the pituitary gland, responsible for motivational behavior such as sleep, hunger, thirst, and sex.

Hofstede's Dimensions

A framework for cross-cultural communication developed by Geert Hofstede, which identifies six dimensions of culture that affect people's work behaviors and attitudes.

Cultural Personality

The collective psychological traits, behaviors, and characteristics shared by members of a specific culture or society.

Individualistic

Emphasizing the importance or centrality of the individual and his or her rights and independence above all else.