FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

vi.3

 

---THA CO 300 tab DS loc BSC 6.- Secrease Corporation uses machine-hours as the allocation base for applying its manufacturing overhead. Estimated manufacturing overhead cost for the year Capacity Estimated amount of the allocation base for the year Amount of the allocation base for the actual output of the year Actual manufacturing overhead cost for the year $594,000 110,000 machine-hours 108,000 machine-hours 88,000 machine-hours $589,000 All of the company's manufacturing overhead is fixed. What is the predetermined overhead rate based on capacity to 2 decimal places? a) $6.69 b) $5.40 c) $5.35 d) $5.50
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Transcribed Image Text:---THA CO 300 tab DS loc BSC 6.- Secrease Corporation uses machine-hours as the allocation base for applying its manufacturing overhead. Estimated manufacturing overhead cost for the year Capacity Estimated amount of the allocation base for the year Amount of the allocation base for the actual output of the year Actual manufacturing overhead cost for the year $594,000 110,000 machine-hours 108,000 machine-hours 88,000 machine-hours $589,000 All of the company's manufacturing overhead is fixed. What is the predetermined overhead rate based on capacity to 2 decimal places? a) $6.69 b) $5.40 c) $5.35 d) $5.50
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