Answered step by step
Verified Expert Solution
Question
1 Approved Answer
show work for both pls 11) Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming
show work for both pls
11) Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead 72,800 s 3.50 per machine-hour s 838,780 The predetermined overhead rate for the recently completed year was closest to: A) $17.52 per machine-hour C) $8.68 per machine-hour B) S5.71 per machine-hour D) $10.50 per machine-hour 12) Job 910 was recently completed. The following data have been recorded on its job cost 12) sheet: S 2434 Direct materials Direct labor-hours Direct labor wage rate Machine-hours 72 labor-hours s 14 per labor-hour 132 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $15 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be: A) $5422 B) S6262 C) $3442 D) S2746 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started