Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead$157,050Estimated machine-hours 4,500Actual manufacturing overhead$156,000Actual machine-hours 4,580 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.The predetermined overhead rate is closest to:
A. $34.06
B. $34.90
C. $35.52
D. $34.67
Answer: B
You might also like to view...
From a handful of programs begun in the 1940s, today ________ percent of companies offer employee assistance programs.
A. 57 B. 77 C. 67 D. 17
The selection of the most appropriate cost driver often requires considerable judgment in the absence of a strong cause-and-effect relationship.
Answer the following statement true (T) or false (F)
Which of the following does NOT enhance a team’s psychological safety?
a. Team leaders invite input and feedback. b. Teams have a devil’s advocate. c. Teams emphasize status differences among members. d. Team members are allowed to admit mistakes without expecting punishment.
When delivering bad news, you should explain the bad news clearly to make your readers understand and, in the best case, accept the bad news
Indicate whether the statement is true or false