Use the ff. information. The firm applies manufacturing overhead on the basis of machine hours. The estimates of the manufacturing overhead and of machine hours were made at the beginning of the year for the purpose of computing the company’s predetermined overhead rate (POHR). Estimated manufacturing overhead ₱ 695,400 Estimated machine hours 19,000 Actual manufacturing overhead ₱ 685,000 Actual machine hours 18,900 The firm’s POHR would be? a. ₱ 36.60 b. ₱ 36.79 d. ₱ 36.24 e. ₱ 36.05 c. ₱ 36.41 f. ₱0 The applied manufacturing overhead would be? a. ₱ 685,000 b. ₱ 695,331 c. ₱ 691,740 d. ₱ 688,149 e. ₱ 688,560 f. ₱ 681,345 The overhead for the year was: a. ₱ 10,331 underapplied b. ₱ 6,740 overapplied c. ₱ 3,660 underapplied d. ₱ 6,740 underapplied e. ₱ 3,149overapplied f. ₱ 10,331 overapplied

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 9PA: MountaIn Peaks applies overhead on the basis of machine hours and reports the following information:...
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Use the ff. information. The firm applies manufacturing overhead on the basis of machine hours. The estimates of the manufacturing overhead and of machine hours were made at the beginning of the year for the purpose of computing the company’s predetermined overhead rate (POHR). Estimated manufacturing overhead ₱ 695,400 Estimated machine hours 19,000 Actual manufacturing overhead ₱ 685,000 Actual machine hours 18,900 The firm’s POHR would be? a. ₱ 36.60 b. ₱ 36.79 d. ₱ 36.24 e. ₱ 36.05 c. ₱ 36.41 f. ₱0 The applied manufacturing overhead would be? a. ₱ 685,000 b. ₱ 695,331 c. ₱ 691,740 d. ₱ 688,149 e. ₱ 688,560 f. ₱ 681,345 The overhead for the year was: a. ₱ 10,331 underapplied b. ₱ 6,740 overapplied c. ₱ 3,660 underapplied d. ₱ 6,740 underapplied e. ₱ 3,149overapplied f. ₱ 10,331 overapplied
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