subject
Business, 06.08.2021 21:20 reddmeans6

Platt Company produces one product, a putter called PAR-putter. Platt uses a standard cost system and determines that it should take one hour of direct labor to produce one PAR-putter. The normal production capacity for this putter is 100,000 units per year. The total budgeted overhead at normal capacity is $500,000 comprised of $200,000 of variable costs and $300,000 of fixed costs. Platt applies overhead on the basis of direct labor hours. During the current year, Platt produced 85,000 putters, worked 89,000 direct labor hours, and incurred variable overhead costs of $160,000 and fixed overhead costs of $300,000. Required:
Compute the predetermined variable overhead rate and the predetermined fixed overhead rate.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 16:40, lbabineaux9887
Elephant, inc.'s cost of goods sold for the year is $2,000,000, and the average merchandise inventory for the year is $129,000. calculate the inventory turnover ratio of the company. (round your answer to two decimal places.)
Answers: 1
image
Business, 22.06.2019 01:00, reagriffis24
How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\
Answers: 2
image
Business, 22.06.2019 19:30, alejandra340
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
image
Business, 22.06.2019 20:30, absports
Identify the level of the literature hierarchy for u. s. gaap to which each item belongs
Answers: 1
You know the right answer?
Platt Company produces one product, a putter called PAR-putter. Platt uses a standard cost system an...

Questions in other subjects:

Konu
Mathematics, 08.10.2019 08:30