Acme,Inchas Estimated Overhead to Be $300,000 and Labor Hours to Be

question 51

Multiple Choice

Acme,Inc.has estimated overhead to be $300,000 and labor hours to be 30,000.Actual overhead turned out to be $310,000 when 30,500 labor hours were worked.The predetermined overhead rate would be:

• A)101.67%.
• B)$10.00.
• C)$10.16.
• D)$10.33.

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Definitions:

Standard

Established norms or requirements that specify technical or operational criteria, ensuring uniformity and quality across products and practices.

D-Train Combination

Refers to a specific configuration of linked railway or road vehicles, typically for the efficient transportation of goods or passengers.

Points Of Articulation

The specific locations at which parts of an articulated object (like a toy or a robotic arm) can bend or rotate.

Wiring Gauge

A measurement of the diameter of electrical wire, determining its current-carrying capacity and resistance.