EBK EXCELLENCE IN BUSINESS COMMUNICATIO
EBK EXCELLENCE IN BUSINESS COMMUNICATIO
11th Edition
ISBN: 9780133544350
Author: BOVEE
Publisher: YUZU
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Chapter 16, Problem 16.5dPYSMFA
Summary Introduction

To determine:

Writing a letter of inquiry to a company by the promised date since the interviewer has not replied back.

Introduction:

If the interviewer has not given any decision by the promised date or within two weeks, one can make an inquiry.

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The Tom Corporation forecasts that total overhead for the current year will be $1,500,000 and that total machine hours will be 12,500 hours. Year to date, the actual overhead is $950,000, and the actual machine hours are 18,000 hours. If Tom Corporation uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate?
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