Question
Kilt Company uses a predetermined overhead rate of $2.50 per direct laborhour. The company incurred $228,650 of actual manufacturing overhead cost last year.At the end
Kilt Company uses a predetermined overhead rate of $2.50 per direct laborhour. The company incurred $228,650 of actual manufacturing overhead cost last year.At the end of the reporting period, the companys manufacturing overhead account has a debit balance of $8,500. How many direct labor hours were worked last year?
a.92,820
b.99,960
c.84,660
d.21,250
e.91,460
f.88,060
g.94,860
h.None of the above
The Patty Company fixed costs are $378,750 and variable costs are 55% of theselling price. For the most recent quarter, the company had an after-tax profit of $57,750 from sales of 415,000 units. The companys tax rate is 30%. What was the selling price per unit? (Round your answer to the nearest penny):
a.$1.05
b.$2.47
c.$2.02
d.$2.34
e.$0.44
f.$1.91
g.$3.06
h.None of the above.
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