1. $280000/17500 labour hours = $16 per hour
17500 hours × $16 = $280000
Estimated total manufacturing over head cost /estimated total activity base (labour hours)
Direct labour cost = $280000
Office rent. = $310000
Salaries. =$1810000
Utilities = $400000
Total = $2800000
$2800000/17500hours = $160
$280000/2520000 ×100= 11.11%
2. 17500 hours × $16 = $280000
+ 17500 hours × $160= $2800000
Total predicted cost = $3080000
3. $280000 ×30% = 84000
+ 2800000 × 30% = 840000
Required service revenue = 924000
Requirement 1. Compute White Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation...
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