Nieto Machine Shop has 4,000 labor-hours and 8,000 machine-hours used in May. Total budgeted overhead for May

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Nieto Machine Shop has 4,000 labor-hours and 8,000 machine-hours used in May. Total budgeted overhead for May is $80,000. What is the overhead rate using labor-hours and also using machinehours? Which would you pick and why?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 03:46 AM

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Nieto Machine Shop has 4,000 labor-hours and 8,000 machine-hours used in May. Total budgeted overhead for May

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Cost management a strategic approach

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