carriganlee8688
01.01.2020 •
Business
The types of long term insurance offered by old mutual
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Ответ:
Long time insurance refers to insurances whose life span extend over a long period of time. Insurance are usually taken in order to cover for the cost of the items insured in case of occurrence.
Ответ:
OAR = $78.57 per Machine Hour
Option c is the correct answer
Explanation:
The overhead allocation rate also known as the overhead absorption rate (OAR) is the rate at which overheads are applied to a particular unit or product or a job. It provides the basis of allocation for the overheads that cannot be directly identified with a particular unit or product. The formula for OAR is,
OAR = Total budgeted overheads / Total budgeted allocation base
In the given question, the estimated overheads are $550000 while the absorption base is machine hours and the estimated number of machine hours is 7000.
OAR = 550000 / 7000
OAR = $78.57 per Machine Hour