TB MC Qu. 17-157 (Algo) North Company budgets overhead...

North Company budgets overhead costs for the next year of $3,600,000 for indirect labor and $950,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 104,000 machine hours are planned for this next year, what is the company's plantwide overhead rate?

Multiple Choice

• $0.0229 per machine hour.

• $34.62 per machine hour.

• $43.75 per machine hour.

• $9.13 per machine hour.

• $0.1095 per machine hour.

TB MC Qu. 17-158 (Algo) The following data relates to Mangini...

The following data relates to Mangini Company's budgeted amounts for next year.

Budgeted:	Department 1		Department 2
Manufacturing overhead costs	$ 640,000		$ 720,000
Direct labor hours	81,000	DLH	91,000	DLH
Machine hours	3,500	MH	4,100	MH

What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.)

Multiple Choice

• $205.71 per MH

• $151.67 per MH

• $178.95 per MH

• $57.44 per MH

• $7.91 per MH