Felton Quality Productions Uses a Predetermined Overhead Allocation Rate Based

question 26

Multiple Choice

Felton Quality Productions uses a predetermined overhead allocation rate based on machine hours. It has provided the following information for the year 2014: $$\begin{array} { | l | r | } \hline \text { Actual manufacturing overhead costs incurred } & \$ 90,000 \\\hline \text { Manufacturing overhead costs allocated to production } & \$ 42,500 \\\hline \text { Actual direct materials cost } & \$ 220,000 \\\hline \text { Actual direct labor cost } & \$ 46,000 \\\hline \text { Actual direct labor hours } & 2,000 \\\hline \text { Actual machine hours } & 30,000 \\\hline\end{array}$$ Based on the above information, calculate the manufacturing overhead rate applied by Felton.

• A) $1.42 per machine hour
• B) $1.53 per machine hour
• C) $7.33 per machine hour
• D) $3.00 per machine hour

Recognize the role of technology in shaping modern societies and the challenges of technological advancements.

Understand the concepts of cultural homogenization and resistance within the context of globalization.

Understand the variability in eyewitness identification accuracy and confidence between genders.

Identify and describe the subsystems and components of human memory, including sensory, working, and long-term memories.

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Definitions:

Intrapersonal Intelligence

The capacity to understand oneself, to appreciate one's feelings, fears, and motivations.

Naturalistic Intelligence

An intelligence type proposed by Howard Gardner that involves the ability to recognize, categorize, and draw upon certain features of the environment.

S Factors

In the context of intelligence, S factors refer to specific intelligence abilities, as distinguished from general intelligence.

Crystallized Intelligence

The capacity to apply acquired knowledge and past experiences.