samanthaewin78
samanthaewin78 samanthaewin78
  • 12-07-2016
  • Mathematics
contestada

Last month, a company had receipts totaling $3,700. The company had overhead costs of $444. What is the rate of overhead?

Respuesta :

simone28 simone28
  • 24-07-2016
the rate of the over head is 12%
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JeanaShupp
JeanaShupp JeanaShupp
  • 16-08-2019

Answer: 0.12

Step-by-step explanation:

Given : Last month, a company had receipts totaling $3,700.

The company had overhead costs of $444.

Then , the rate of overhead is given by :-

[tex]\text{Rate of overhead cost}=\dfrac{\text{Overhead cost }}{\text{Allocation measure for last month}}\\\\\Rightarrow\ \text{Rate of overhead cost}=\dfrac{444}{3700}\\\\=0.12[/tex]

Hence, the rate of overhead is 0.12

Answer Link

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