World Company expects to operate at 60% of its productive capacity of 15,000 units per month. At this planned level, the company expects to use 5,850 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.650 direct labor hours per unit. At the 60% capacity level, the total budgeted cost includes $23,400 fixed overhead cost and $70,200 variable overhead cost. In the current month, the company incurred $89,500 actual overhead and 5,410 actual labor hours while producing 8,500 units. (Do not round intermediate calculations. Round "OH costs per DL hour" to 2 decimal places.)

Which of the following statements is true about financial planning

Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen

The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter. required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.