Archangel Manufacturing Calculated a Predetermined Overhead Allocation Rate at the Beginning

question 80

Multiple Choice

Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs.The production details for the year are given below: $\begin{array}{|l|r|}\hline \text { Total manufacturing overhead costs estimated at the beginning }\\\text { of the year}&\$140,000\\\hline \text { Total direct labor costs estimated at the beginning of the year } & \$ 330,000 \\\hline \text { Total direct labor hours estimated at the beginning of the year } & 11,000 \text { direct labor } \\\hline \text { Actual manufacturing overhead costs for the year } & \$ 150,000 \\\hline \text { Actual direct labor costs for the year } & \$ 360,000 \\\hline & 11,600 \text { direct labor } \\\text { Actual direct labor hours for the year } & \text { hours }\\\hline\end{array}$
Calculate the manufacturing overhead allocation rate for the year based on the above data.(Round your final answer to two decimal places. )

• A)42.42%
• B)257.14%
• C)235.71%
• D)1,206.90%

Understand the significance of psychological hardiness and self-discipline in goal achievement.

Relate expectancy theory to self-motivation and the importance of skill-building.

Grasp the importance of self-discipline in working towards and achieving personal and professional goals.

Understand the link between neurotransmitters and mood disorders such as depression.

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Definitions:

Ecological Isomorphism

The concept that ecological systems or organisms show similar structures, processes, or relationships despite being from different environments or evolutionary backgrounds.

Selection Bias

A problem in experimental design stemming from the experimental groups not being comparable.

Spurious Relationships

A connection between two variables that appears causal but is actually caused by a third variable.

Experimental Situation

The setting experimental subjects are placed in. This setting may be a threat to external validity if it does not reflect external reality.