Question
Bell's Inc. absorbs overhead on the basis of machine hours. The overhead absorption rate is $7 per machine hour based on its budget of
Bell's Inc. absorbs overhead on the basis of machine hours. The overhead absorption rate is $7 per machine hour based on its budget of 85,000 hours. During the year the company incurred actual overheads of $1,241,250 and under absorbed overhead by $31,300. Calculate the overheads absorbed for the period. Oa. $1,209,950 Ob. $1,272,550 Oc. $1,241,250 Od $1,190,000
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
