Sybil, Inc uses a predetermined overhead allocation rate to allocate manufacturing overhead costs to jobs
The company recently completed Job 300X. This job used 11 machine hours and 5 direct labor hours. The predetermined overhead allocation rate is calculated to be $43 per machine hour. What is the amount of manufacturing overhead allocated to Job 300X using machine hours as the allocation base?
A) $473
B) $215
C) $688
D) $258
A .A) Allocated manufacturing overhead cost = Predetermined overhead allocation rate x Actual quantity of the allocation base used by each job
Allocated manufacturing overhead cost = $43 x 11 machine hours = $473.
You might also like to view...
What is the relationship between the book value of a plant asset, the market value of the plant asset, and the salvage value of a plant asset? Explain
Political skills are comprised of ______ sets of behaviors.
A. 8 B. 6 C. 4 D. 2
In measuring cash flows, we are interested only in the incremental or incremental after-tax cash
flows that are attributed to the investment proposal being evaluated. Indicate whether the statement is true or false
Which of the following is not programmed as a processing control?
A. Limit tests. B. Self-checking numbers. C. Validity tests. D. Private lines.