Question
The following information relates to 13-17. Evan's Fake Names (DFK) manufacturers name signs. DFK utilizes a traditional costing system, and their operation could be described
The following information relates to 13-17.
Evan's Fake Names (DFK) manufacturers name signs. DFK utilizes a traditional costing system, and their operation could be described as machine-intensive. The following chart summarizes estimated and actual amounts that occurred during DFK's production cycle:
| Estimated, Jan 1 | Actual, Dec 31 | |
| Manufacturing overhead | $214,000 | $198,000 |
| Machine hours | 28,000 | 28,400 |
| Units produced | 120,000 | 190,000 |
| Direct labor hours | 16,000 | 18,200 |
What is the predetermined overhead rate? Please round your answer to two decimal places. Do not use the "$" sign.
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Auditing Human Resources
Authors: Kelli W. Vito
2nd Edition
0894136941, 978-0894136948
