If Projected Factory Overhead Is $540 000 P

question 29

Multiple Choice

If projected factory overhead is $540 000 p.a. and projected direct labour hours are 60 000 hours p.a., the overhead application rate is:

• A) $90 000.
• B) $540 000.
• C) $9 per direct labour hour.
• D) $0.90 per direct labour hour.

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Definitions:

Agricultural Development

The process and strategies aimed at improving the economy and living standards through increased productivity, efficiency, and sustainability in farming and related agricultural activities.

Dependence

A condition where an entity relies on another for support, sustenance, or survival.

Modernization Theory

A theory suggesting that traditional societies will develop economically and socially to adopt the characteristics of industrialized societies through processes like technological innovation.

Underdeveloped Countries

describes countries with low levels of industrialization, inadequate infrastructural facilities, and a generally low standard of living.