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Exercise 1 1 - 4 A ( Algo ) Calculating applied overhead LO 1 1 - 2 Walton, Incorporated estimates manufacturing overhead costs for the
Exercise A Algo Calculating applied overhead LO Walton, Incorporated estimates manufacturing overhead costs for the Year accounting perlod as follows. The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year were and for machines were Requlred a Calculate the predetermined overhead rate. Note: Round your answer to decimal places. b Determine the amount of manufacturing overhead applied to Work In Process Inventory during the Year perlod If actual machine hours were Note: Do not round Intermedlate calculations.
Exercise A Algo Calculating applied overhead LO
Walton, Incorporated estimates manufacturing overhead costs for the Year accounting perlod as follows.
The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year were and for
machines were
Requlred
a Calculate the predetermined overhead rate.
Note: Round your answer to decimal places.
b Determine the amount of manufacturing overhead applied to Work In Process Inventory during the Year perlod If actual machine
hours were
Note: Do not round Intermedlate calculations.
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