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Canvas C Bozos Inc is a state of the art manufacturing company utilizing the latest in robotics and computers to control production. The company
Canvas C Bozos Inc is a state of the art manufacturing company utilizing the latest in robotics and computers to control production. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of computer hours. Bozos used the following estimated information to calculate the predetermined overhead rate a the beginning of the year: Computer Hours 80,000 Unfortunately, the economy went into recession during the year and resulted in inventory building up and a necessary cutback in production. The following actual cost information and operating data as follows: Manufacturing Overhead Cost Computer Hours Inventories at year-end Raw Materials 85,000 2,200,000 Work in process Finished Goods Cost of Goods Sold $ $ 500,000 $ 200,000 1,050,000 2,900,000 What was the PDOH rate per hour if manufacturing overhead was underapplied by 75,000 for the year? Edit View Insert Format Tools Table 1304 B T
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