Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. milford company has decided that direct labor hour

Milford Company has decided that direct labor hours is a good bssis on which to...

80.2K

Verified Solution

Question

Accounting

image
Milford Company has decided that direct labor hours is a good bssis on which to apply overhead to production. The following data are for the most recent yeat. - Budgeted number of direct labor hours worked =20,000 hours - Budgeted amount of manufacturing overhead =$100,000 - Actual number of direct labor hours worked =25,000 hours - Actual amount of manufacturing ovethead =$115,000 What is Milford Company's PREDETERMINED OVERHEAD RATE? $5.00 per hour $5.75 per hour $4.00 per hour $4.60 per hour

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

CRM Technologies Build Versus Buy Analysis and Program Management You work for a large Boston based investment firm.  They...

Accounting
Q

IV. The number of plumbing repair jobs performed by Augur’s Plumbing Service in each of the...

Operations Management
Q

a) Estimate the decay heat load from a 3000 MWt reactor at one day, one week,...

Chemistry
Q

How can capacity and utilization be measured at an airline such as Southwest Airlines?

General Management
Q

Indicate which antibody isotype fits the description A secreted form is a pentamer D Binds...

Biology
Q

0Finish solving the triangle:A.ZA= 64ZB= 55LC=bdegreesa =b=C=7CEnter your answer as a decimal value. You must...

Basic Math
Q

What does it mean to reduce variation between samples?Reduce variation means that one sample will...

Basic Math
Q

m n Sio 5 4 3 2 1 5 4 30 h is continuous on...

Calculus
Q

The comparative financial statements prepared at December 31, 2017, for Pinnacle Plus showed the following...

Accounting
Q

Dion, an S shareholder, owned 20% of MeadowBrook's stock for 292 days and 25% for...

Accounting
Q

! Required information (The following information applies to the questions displayed below.) The following data...

Accounting
Q

Your firm is planning to invest in an automated packaging plant. ABC Corporation is an...

Finance