Felton Quality Productions Uses a Predetermined Overhead Allocation Rate Based

question 21

Multiple Choice

Felton Quality Productions uses a predetermined overhead allocation rate based on machine hours.It has provided the following information for the year: $$\begin{array} { | l | l | } \hline \text { Actual manufacturing overhead costs incurred } & \$ 100,000 \\\hline \text { Manufacturing overhead costs allocated to production } & \$ 56,000 \\\hline \text { Actual direct materials cost } & \$ 220,000 \\\hline \text { Actual direct labor cost } & \$ 40,000 \\\hline \text { Actual machine hours } & 32,000 \text { hours } \\\hline\end{array}$$ Based on the above information,calculate the predetermined overhead allocation rate applied by Felton Quality.(Round your answer to the nearest cent.)

• A) $1.75 per machine hour
• B) $3.13 per machine hour
• C) $6.88 per machine hour
• D) $1.25 per machine hour

Understand union objectives and the key issues they aim to resolve.

Define demographics and grasp its significance in HR planning and strategy.

Understand the influence of global and economic trends on HR practices and the strategic planning process.

Understand how economic climate influences HRM responsibilities.

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Definitions:

Environment

The sum of all external conditions and influences affecting the life, behavior, and development of an individual, organization, or system.

Selective Attention

The cognitive process of focusing on particular objects or tasks in the environment while ignoring others, enabling the prioritization of information processing.

Perceptual Errors

Mistakes in judgment or interpretation made by individuals due to subjective biases, misleading appearances, or incorrect information.

Perception Influences

Factors that affect how individuals interpret and make sense of their sensory experiences.