Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: Estimates made at the beginning of the year: Estimated machine-hours 40,100 Estimated variable manufacturing overhead $ 6.56 per machine-hour Estimated total fixed manufacturing overhead $ 843,303 Actual machine-hours for the year 38,100 The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $27.26 per machine-hour $27.59 per machine-hour $21.03 per machine-hour $6.56 per machine-hour

Estimated manufacturing overhead rate= $27.59 per machine-hour

Explanation:

Giving the following information:

Estimated machine-hours 40,100

Estimated variable manufacturing overhead $ 6.56 per machine-hour

Estimated total fixed manufacturing overhead $ 843,303

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (843,303/40,100) + 6.56= $27.59 per machine-hour

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi