Davis Company has analyzed its overhead costs and derived a general formula for their behavior: $65,000 + $14 per direct labor hour employed. The company expects to use 50,000 direct labor hours during the next accounting period. What overhead rate per direct labor hour should be applied to jobs worked during the period?

1 answer
Question:

Davis Company has analyzed its overhead costs and derived a general formula for their behavior: $65,000 + $14 per direct labor hour employed. The company expects to use 50,000 direct labor hours during the next accounting period. What overhead rate per direct labor hour should be applied to jobs worked during the period?

Answers

Answer:$15.3 per direct labor hourExplanation:Overhead costs are those costs which are incurred for the manufacturing of the product but not directly attributable to any product / service. It can be variable or fixed. Formula for overhead costs = $65,000 + $14 per direct labor hourNumbers of direct labor hours = 50,000 hoursTotal Cost = $65,000 x ($14 x 50,000 ) = $765,000Over head rate per direct labor hour  = Total overhead cost / Numbers of direct labor hours = $765,000 / 50,000 = $15.3 per direct labor hour

Similar Solved Questions

2 answers

Think about the process of cellular respiration. While there are several products of cellular respiration, which is the primary goal of the process? to bring needed materials into the cell to release energy O to make glucose to make food

Think about the process of cellular respiration. While there are several products of cellular respiration, which is the primary goal of the process? to bring needed materials into the cell to release energy O to make glucose to make food...
1 answer

How would you measure a mass of a rose? a)kg b)grams c)cm

How would you measure a mass of a rose? a)kg b)grams c)cm...
1 answer

In what ways was the development of industrialization related to the rise of nationalism in nineteenth century Europe?

In what ways was the development of industrialization related to the rise of nationalism in nineteenth century Europe?...
2 answers

CAN SOMEONE PLEASE HELP ME JIMIN WILL BLESS YOU IF YOU DO

CAN SOMEONE PLEASE HELP ME JIMIN WILL BLESS YOU IF YOU DO...
1 answer

Solve X where 3X + 7 - 2 = 8.

Solve X where 3X + 7 - 2 = 8....
1 answer

Which characteristics describe middle-income nations?

Which characteristics describe middle-income nations?...
1 answer

A white dwarf is a collapsed star with roughly the mass of the sun compressed into the size of the earth. what would be (a) the orbital speed and (b) the orbital period for a spaceship in orbit just above the surface of a white dwarf?

A white dwarf is a collapsed star with roughly the mass of the sun compressed into the size of the earth. what would be (a) the orbital speed and (b) the orbital period for a spaceship in orbit just above the surface of a white dwarf?...
1 answer

After people first react to good or bad events, their feelings and reactions tend to dampen down over time and they return toward their original level of subjective well-being. This process is known as what concept

After people first react to good or bad events, their feelings and reactions tend to dampen down over time and they return toward their original level of subjective well-being. This process is known as what concept...
1 answer

A square prism has a base length of 5 m, and a square pyramid of the same height also has a base length of 5 m. Are the volume the same?

A square prism has a base length of 5 m, and a square pyramid of the same height also has a base length of 5 m. Are the volume the same?...
1 answer

Evaluate the expression when x=1/3 y=-7/4 3x+y

Evaluate the expression when x=1/3 y=-7/4 3x+y...
2 answers

Which best describes the tone used in the sentence? My car isn’t the greatest, but it’s not really that bad. A) angry B) unhappy C) tolerant D) sentimental

Which best describes the tone used in the sentence? My car isn’t the greatest, but it’s not really that bad. A) angry B) unhappy C) tolerant D) sentimental...
2 answers

Solve the following equation: 1/2x-8=-3

solve the following equation: 1/2x-8=-3...
2 answers

How did the cold war affect American society and culture

How did the cold war affect American society and culture...
2 answers

Write 55 in standard form. 3125 3235 5 x 5 x 5 x 5 x 5 5 x 5 x 5 x 5

Write 55 in standard form. 3125 3235 5 x 5 x 5 x 5 x 5 5 x 5 x 5 x 5...
1 answer

Put these units in order from smallest to largest: decimeter, meter, kilometer, millimeter, centimeter, nanometer, micrometer,

Put these units in order from smallest to largest: decimeter, meter, kilometer, millimeter, centimeter, nanometer, micrometer,...
1 answer

What were some responsibilities of colonial children in new England

what were some responsibilities of colonial children in new England...
1 answer

1. List the levels of biological organization in order. 2. Name and recognize the general characteristics of the 6 Kingdoms discussed in class. 3. List and define the shared characteristics of life

1. List the levels of biological organization in order. 2. Name and recognize the general characteristics of the 6 Kingdoms discussed in class. 3. List and define the shared characteristics of life...
1 answer

ITEM BANK: Move to Bottom Balance Measured in Newtons Measured in grams Property of matter Spring Scale Weight Both Mass Cugan 100 drag and drohte

ITEM BANK: Move to Bottom Balance Measured in Newtons Measured in grams Property of matter Spring Scale Weight Both Mass Cugan 100 drag and drohte...
2 answers

Which of the following objects is an example of a luminous source? a. sun b. moon c. desk d. all of these e. none of these

Which of the following objects is an example of a luminous source? a. sun b. moon c. desk d. all of these e. none of these...

-- 0.049541--