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kupik [55]
3 years ago
11

Bonita Company assigns overhead based on machine hours. The Milling Department logs 2350 machine hours and Cutting Department sh

ows 3990 machine hours for the period. If the overhead rate is $7 per machine hour, the entry to assign overhead will show a _______.
Business
1 answer:
Y_Kistochka [10]3 years ago
5 0

Explanation:

The computation of the overhead amount is shown below:

= (Milling department machine hours + cutting department machine hours) × overhead rate per machine hour

= (2,350 machine hours + 3,990 machine hours) × $7

= 6,340 machine hours × $7

= $44,380

So for assigning the overhead cost we have to credited the manufacturing overhead for $44,380

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Explanation:

Development involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries. Technology is also influenced by technological change.

The least developed countries have most of their populations employed in the primary sector like agriculture and haven't completed the transition from manufacturing to services and have not yet entered the information age.

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Answer:

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