Neutronics makes four different models of gas identifiers. Next year, the company anticipates total overhead costs of $2.5 million. It also anticipates a combined 75,000 direct labor hours, 100,000 machine hours, 1,250,000 square feet occupied, and $5,000,000 of revenue across all its production lines. If Neutronics uses direct labor hours to allocate its overhead costs, the company's predetermined overhead rate should be: Group of answer choices

Predetermined manufacturing overhead rate= $33.33 per direct labor hour

Explanation:

Giving the following information:

Next year, the company anticipates total overhead costs of $2.5 million.

Estimated direct labor hours= 75,000

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

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

Predetermined manufacturing overhead rate= 2,500,000/75,000

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

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