armon Recycling Services (HRS), a not-for-profit organization, has two drop-off centers, Westside and Eastside. Data for the expected peration in the next quarter follow. clients Revenues Staff hours Staff costs General operating costs Eastside 25,000 $750,000 8,100 $ 99,000 Westside 6,250 $ 500,000 2,700 $ 225,000 equired: Compute the predetermined overhead rate used to apply general operating costs to the two centers assuming HRS uses revenue to allocate general operating costs. . Based on the rates computed in requirement (a), what is the expected surplus (revenues less costs) for each center? Total 31,250 $ 1,250,000 10,800 $ 324,000 $750,000 Complete this question by entering your answers in the tabs below. Required A Required B Compute the predetermined overhead rate used to apply general operating costs to the two centers assuming HRS uses revenue to allocate general operating costs. Predetermined overhead rate % of revenue < Required A Required B >
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
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