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question 318

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Use the information below to answer the following question(s) .
Howard & Sons allocates manufacturing overhead to jobs based on machine hours. The company has the following estimated costs for the upcoming year:
Use the information below to answer the following question(s) . Howard & Sons allocates manufacturing overhead to jobs based on machine hours. The company has the following estimated costs for the upcoming year:     The company estimates that 1,600 direct labour hours will be worked in the upcoming year, while 1,000 machine hours will be used during the year. -Job 1574 requires $10,000 of direct materials, $4,000 of direct labour, 400 direct labour hours, and 200 machine hours. It also requires 7 hours of inspection at $35 per hour. Manufacturing overhead is computed at $20 per direct labour hour used and $40 per machine hour used. The total amount charged to inspection A)  is $35. B)  is $35 × budgeted hours. C)  is $245 + the overhead dollars applied. D)  does not figure into the total cost of the job.
The company estimates that 1,600 direct labour hours will be worked in the upcoming year, while 1,000 machine hours will be used during the year.
-Job 1574 requires $10,000 of direct materials, $4,000 of direct labour, 400 direct labour hours, and 200 machine hours. It also requires 7 hours of inspection at $35 per hour. Manufacturing overhead is computed at $20 per direct labour hour used and $40 per machine hour used. The total amount charged to inspection


Definitions:

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Actualization

The process of making something real or bringing something into reality, often used in the context of personal growth or potential.

Unconditional Positive Regard

A term in psychology referring to accepting and supporting someone regardless of what they say or do, mainly used in client-centered therapy.

Acceptability Hypothesis

A theory suggesting that individuals tend to accept information or ideas as true if they correspond with their pre-existing beliefs or values.

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