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andrew-mc [135]
3 years ago
13

XYZ Co. uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. It based its

predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $440,000, variable manufacturing overhead of $2.20 per machine-hour, and 50,000 machine-hours. The estimated total manufacturing overhead is closest to:
Business
1 answer:
Iteru [2.4K]3 years ago
4 0

Answer:

the estimated total manufacturing overhead is $550,000

Explanation:

The computation of the estimated total manufacturing overhead is given below:

= Fixed manufacturing overhead + variable manufacturing overhead

= $440,000 + $2.20 × 50,000 machine hours

= $440,000 + $110,000

= $550,000

hence, the estimated total manufacturing overhead is $550,000

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