The restaurant business.
Hotels and pubs.
General specialist retailing.
Consumer services, such as hairdressing.
Hey there!!
The correct answer is Option A. an Increase in supply
Hope this helped and I wish you the best in luck! (:
Answer:
$652,858
Explanation:
Predetermined overhead rate = Budgeted Overheads ÷ Budgeted Activity
= $717,474 ÷ 364,200
= $1.97 per direct labor hour
Allocated overheads = Predetermined overhead rate x Actual Activity
= $1.97 x 331,400 direct labor hours
= $652,858
therefore,
The overhead allocated for May is $652,858.