Examlex

Solved

Olympia Manufacturing Uses a Predetermined Overhead Allocation Rate Based on a Percentage

question 89

Multiple Choice

Olympia Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of 2014, Olympia estimated total manufacturing overhead costs at $1,050,000 and total direct labor costs at $840,000. In June, 2014, Job 511 was completed. Job stats are as follows: Olympia Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of 2014, Olympia estimated total manufacturing overhead costs at $1,050,000 and total direct labor costs at $840,000. In June, 2014, Job 511 was completed. Job stats are as follows:   What is the amount of manufacturing overhead costs allocated to Job 511? A) $16,250 B) $10,400 C) $5,000 D) $34,375 What is the amount of manufacturing overhead costs allocated to Job 511?


Definitions:

Problem-Focused Strategies

Refers to coping methods aimed at addressing or changing the root cause of a stressor or problem.

Primary Appraisals

Part of coping that involves making decisions about whether a stimulus is stressful or not.

Richard Lazarus

An influential psychologist known for his research on stress, coping, and emotion.

Cognitive Appraisal Process

The process of evaluating an event or situation that leads to specific emotional reactions.

Related Questions