Question
The following data relates to Mangini Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufacturing overhead costs $ 480,000 $ 560,000 Direct
The following data relates to Mangini Company's estimated amounts for next year.
| Estimated: | Department 1 | Department 2 | |||||||
| Manufacturing overhead costs | $ | 480,000 | $ | 560,000 | |||||
| Direct labor hours | 73,000 | DLH | 83,000 | DLH | |||||
| Machine hours | 2,700 | MH | 3,300 | 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
-
$207.41 per MH
-
$138.33 per MH
-
$173.33 per MH
-
$45.93 per MH
-
$6.67 per MH
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
Apple Marketing Audit And New Service Product Plan
Authors: Sherry King
1st Edition
3656610797, 978-3656610793
