Multiple Attempts Not allowed. This test can only be taken once. Force Completion Once started, this test must be completed in one sitting, Do not leave the test before clicking Save and Submit. This test does not allow backtracking. Changes to the answer after submission are prohibited. Your answers are saved automatically Remaining Time: 37 minutes, 10 seconds. Question Completion Status: Question 4 of 15 Moving to the next question prevents changes to this answer. 25 points Question 4 A work centre is used to produce one product. It consists of automated production stations/machines with manual handling between stations. The hourly rate for the work centre is to be determined based on the following data: direct labour rate is 90 AED/hr, applicable factory overhead rate on labour is 0.66 %. Knowing that the capital investment in the machine is two million AED; service life of the machine is five years; rate of return -15%; salvage value in five years - zero, and the (AP 15, 5) can be found in interest tables as 0.2983. This means that the annual equivalent machine cost is estimated as 596600 AED. Given that the applicable factory overhead rate on the machine is 0.72 . The work centre will be operated 2 shifts, for 7 hours per shift, for 304days per year. Determine the appropriate hourly rate (AED/hour) for the work centre Do not round your answer. Write with two decimals. Question 4 of 15 Moving to the next question prevents changes to this answer, 40C Sunny 88 O BI earch Multiple Attempts Not allowed. This test can only be taken once. Force Completion Once started, this test must be completed in one sitting, Do not leave the test before clicking Save and Submit. This test does not allow backtracking. Changes to the answer after submission are prohibited. Your answers are saved automatically Remaining Time: 37 minutes, 10 seconds. Question Completion Status: Question 4 of 15 Moving to the next question prevents changes to this answer. 25 points Question 4 A work centre is used to produce one product. It consists of automated production stations/machines with manual handling between stations. The hourly rate for the work centre is to be determined based on the following data: direct labour rate is 90 AED/hr, applicable factory overhead rate on labour is 0.66 %. Knowing that the capital investment in the machine is two million AED; service life of the machine is five years; rate of return -15%; salvage value in five years - zero, and the (AP 15, 5) can be found in interest tables as 0.2983. This means that the annual equivalent machine cost is estimated as 596600 AED. Given that the applicable factory overhead rate on the machine is 0.72 . The work centre will be operated 2 shifts, for 7 hours per shift, for 304days per year. Determine the appropriate hourly rate (AED/hour) for the work centre Do not round your answer. Write with two decimals. Question 4 of 15 Moving to the next question prevents changes to this answer, 40C Sunny 88 O BI earch