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Cumpledon Status: 11 12 Use the following information to answer the questions (1,2) below. For 2019, Grove Manufacturing uses machine-hours as the only overhead cost-allocation
Cumpledon Status: 11 12 Use the following information to answer the questions (1,2) below. For 2019, Grove Manufacturing uses machine-hours as the only overhead cost-allocation base. The accounting records contain the following information Manufacturing overhead costs Machine-hours Estimated $180,000 Actual $200,000 25,000 20,000 1) Using job costing, the 2019 budgeted manufacturing overhead rate is: C A) S10 per machine-hour B) $9 per machine-hour C) $7.2 per machine-hour D) $8 per machine-hour 2) Using normal costing, the amount of manufacturing overhead costs allocated to jobs daring 2019 is: B A) $200,000 B) $144,000 C) $160,000 D) $180,000
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