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Corporationusesdirectlabor hoursinitspredeterminedoverheadrate.Atthebeginningoftheyear,thetotalestimatedmanufacturingoverheadwas$224,580.Attheendoftheyear,actualdirectlaborhoursfortheyearwere18,200hours,manufacturingoverheadfortheyearwasunderappliedby$12,100,andtheactualmanufacturingoverheadwas$219,580. Thepredeterminedoverheadratefortheyearmusthavebeenclosestto: A.$11.40permachine-hour B.$12.34permachine-hour C.$12.06permachine-hour D.$10.53permachine-hour
- Corporationusesdirectlabor hoursinitspredeterminedoverheadrate.Atthebeginningoftheyear,thetotalestimatedmanufacturingoverheadwas$224,580.Attheendoftheyear,actualdirectlaborhoursfortheyearwere18,200hours,manufacturingoverheadfortheyearwasunderappliedby$12,100,andtheactualmanufacturingoverheadwas$219,580.
- Thepredeterminedoverheadratefortheyearmusthavebeenclosestto:
- A.$11.40permachine-hour
- B.$12.34permachine-hour
- C.$12.06permachine-hour
- D.$10.53permachine-hour
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