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Verizon [17]
3 years ago
9

H Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The c

ompany has provided the following data for the most recent year. Estimated manufacturing overhead from the beginning of the year $ 310,000 Estimated activity level from the beginning of the year 20,000 machine-hours Actual total fixed manufacturing overhead $ 338,000 Actual activity level 18,300 machine-hours The predetermined overhead rate is closest to:
Business
1 answer:
Korvikt [17]3 years ago
8 0

Answer:

Estimated manufacturing overhead rate= $15.5 per machine hour.

Explanation:

Giving the following information:

H Corporation uses a predetermined overhead rate base on machine-hours.

Estimated manufacturing overhead from the beginning of the year $ 310,000 Estimated activity level from the beginning of the year 20,000 machine-hours.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 310000/20000= $15.5 per machine hour.

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$23.45 per unit

Explanation:

Given that,

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1/5 as an percentage​
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