Question
Estimated machine hours used to set the predetermined overhead rate were 68,000, while actual hours were 64,000 for the period. Estimated (budgeted) overhead was $142,800.
Estimated machine hours used to set the predetermined overhead rate were 68,000, while actual hours were 64,000 for the period. Estimated (budgeted) overhead was $142,800. Assuming the company used a predetermined overhead rate, how much overhead was applied for the year?
| $142,800 | ||
| $136,500 | ||
| $151,725 | ||
| $134,400 |
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
