Brabec Corporation Uses Direct Labor-Hours in Its Predetermined Overhead Rate

question 65

Essay

Brabec Corporation uses direct labor-hours in its predetermined overhead rate.At the beginning of the year,the estimated direct labor-hours were 19,700 hours.At the end of the year,actual direct labor-hours for the year were 17,700 hours,the actual manufacturing overhead for the year was $392,940,and manufacturing overhead for the year was underapplied by $35,400.
Required:
What must have been the estimated manufacturing overhead cost at the beginning of the year used setting the predetermined overhead rate?

Identify the factors contributing to long-term and short-term unemployment and their effects on the economy.

Understand the role of government and legal frameworks in supporting labor rights and measuring unemployment.

Grasp the relationship between a country's rate of unemployment, its GDP, and the standard of living.

Understand the concepts of labor force, unemployment rate, and labor force participation rate.

---

Definitions:

Group Extinction

The phenomenon when a species, cultural group, or language ceases to exist as a distinct entity.

Token Economy

A behavior modification system that utilizes tokens as rewards for desirable behaviors, which can later be exchanged for privileges or items.

Negative Reinforcement

Negative Reinforcement is a concept in behaviorism where the removal of an adverse stimulus following a desired behavior increases the likelihood of the behavior being repeated.

Systematic Desensitization

A therapeutic technique used to reduce phobias and anxiety through gradual exposure to the feared object or situation paired with relaxation exercises.