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Check my work 1 Rooney, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. 10 points Equipment depreciation Supplies Materials handling
Check my work 1 Rooney, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. 10 points Equipment depreciation Supplies Materials handling Property taxes Production setup Rent Maintenance Supervisory salaries $191,300 20,700 33,800 14,900 19,100 44,300 39,800 292,700 eBook Print The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year 3 were 205,000 and for machines were 134,000. Required References a. Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) b. Determine the amount of manufacturing overhead applied to Work in Process Inventory during the Year 3 period if actual machine hours were 149,000. (Do not round intermediate calculations.) a. Predetermined overhead rate per machine hour b. Applied manufacturing overhead
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