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lhecker007
23.04.2020 •
Business
Ross White’s machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $15 each, and the lead time is 2 days. The holding cost per bracket per year is $1.50 (or 10% of the unit cost) and the ordering cost per order is $18.75. There are 250 working days per year
A) What is EOQ?
B) Given the EOQ,what is the average inventory?
What is the annual inventory holding cost?
C) In minimizing cost,how many orders would be made each year? What would be the annual ordring cost?
D) Given the EOQ, What is the total annual inventory cost (including purchase cost)?
E) What is the time between orders?
F) What is ROP?
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Ответ:
The predetermined overhead rate will be equal to $17.70
Explanation:
We have given manufacturing overhead for the year was over applied by $13,850, and the actual manufacturing overhead was $294,130
So applied manufacturing overheads=$13850+$294130=$307980
Applied manufacturing overheads=predetermined overhead rate×Actual direct labor hours
Hence predetermined overhead rate![=\frac{307980}{17400}=$17.70](/tpl/images/0420/7706/2fb34.png)
So the predetermined overhead rate will be equal to $17.70