FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Washtenaw Corporation uses a job-order costing system. The following data are for last year:
Estimated Direct Labor Hours
Estimated Machine Hours
Estimated Manufacturing Overhead Cost
Actual Direct Labor Hours
Actual Machine Hours
Actual Manufacturing Overhead Cost
14,000
12,000
$42,600
11,000
13,000
$39,000
Washtenaw applies overhead using a predetermined rate based on marchine hours. What predetermined overhead rate was used last year? (note round POHR to
nearest cent)
a $3.42
b.$3.25
c$3.55
d.$3.04
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Transcribed Image Text:Washtenaw Corporation uses a job-order costing system. The following data are for last year: Estimated Direct Labor Hours Estimated Machine Hours Estimated Manufacturing Overhead Cost Actual Direct Labor Hours Actual Machine Hours Actual Manufacturing Overhead Cost 14,000 12,000 $42,600 11,000 13,000 $39,000 Washtenaw applies overhead using a predetermined rate based on marchine hours. What predetermined overhead rate was used last year? (note round POHR to nearest cent) a $3.42 b.$3.25 c$3.55 d.$3.04
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