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Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations.
Estimated manufacturing overhead | $ 157,850 |
---|---|
Estimated machine-hours | 4,660 |
Actual manufacturing overhead | $ 157,600 |
Actual machine-hours | 4,900 |
The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.
The predetermined overhead rate is closest to:
Multiple Choice
$32.16
$33.87
$33.82
$43.52
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