ATzmpany uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. X and on machine-hours in Dept. Y. At the beginning of the year, the :Corporation made the following estimates Dept. Y Dept. X 40,000 OMR 60,000 OMR Direct labor cost 60,000 OMR100,000 OMR Manufacturing overhead 15,000 6,000 Direct labor-hours 9,000 2,000 Machine-hours What predetermined overhead rates would be used in Dept. X and Dept. Y, ?respectively None of the given answers .a and OMR 4.00 200% .b and OMR 6.67 167% .cO and OMR 4.00 167% .d C e and OMR 5.00 150%

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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ATZOmpany uses a predetermined overhead rate to apply manufacturing
overhead to jobs. The predetermined overhead rate is based on labor cost
in Dept. X and on machine-hours in Dept. Y. At the beginning of the year, the
:Corporation made the following estimates
Dept. Y
Dept. X
40,000 OMR 60,000 OMR
Direct labor cost
60,000 OMR100,000 OMR
Manufacturing overhead
15,000
6,000
Direct labor-hours
9,000
2,000
Machine-hours
What predetermined overhead rates would be used in Dept. X and Dept. Y,
?respectively
None of the given answers
.a
and OMR 4.00 200% .b
and OMR 6.67 167%
.c O
and OMR 4.00 167% .d
.e
and OMR 5.00 150%
Transcribed Image Text:ATZOmpany uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. X and on machine-hours in Dept. Y. At the beginning of the year, the :Corporation made the following estimates Dept. Y Dept. X 40,000 OMR 60,000 OMR Direct labor cost 60,000 OMR100,000 OMR Manufacturing overhead 15,000 6,000 Direct labor-hours 9,000 2,000 Machine-hours What predetermined overhead rates would be used in Dept. X and Dept. Y, ?respectively None of the given answers .a and OMR 4.00 200% .b and OMR 6.67 167% .c O and OMR 4.00 167% .d .e and OMR 5.00 150%
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