Nguyen Inc

question 8

Multiple Choice

Nguyen Inc.applies overhead to products based on direct labor hours using normal costing.During 2016,total overhead costs were estimated to be $500,000.Actual overhead totaled $540,000 based on 32,000 actual direct labor hours.At the end of the year,overhead was overapplied by $20,000.Based on this information,what was the predetermined overhead rate used during 2016?

• A)$16.88 per direct labor hour.
• B)$16.25 per direct labor hour.
• C)$15.63 per direct labor hour.
• D)$17.50 per direct labor hour.
• E)None of the answer choices is correct.

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Definitions:

Cultural Definition

The way in which individual concepts, practices, and values are understood and shared within a specific culture.

Third-Wave Approaches

Modern psychotherapeutic techniques that combine elements of the first- and second-wave approaches—behavioral therapy and cognitive therapy, respectively—with mindfulness meditation practices derived from Zen Buddhism to help people accept, understand, and better regulate their emotions.

Zen Buddhism

A school of Mahayana Buddhism that emphasizes the practice of meditation and the concept of achieving insight into the nature of existence.

Mindfulness Practices

Techniques aimed at focusing one's awareness on the present moment while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.