Gold Company uses a plantwide overhead rate with machine hours as the allocation base. Use the following information to solve for the amount of machine hours estimated per unit of product RST.Direct material cost per unit of RST$15 Total estimated manufacturing overhead$300,000 Total cost per unit of RST$80 Total estimated machine hours 150,000MHDirect labor cost per unit of RST$23 

A. 2 MH per unit of RST.
B. 38 MH per unit of RST.
C. 21 MH per unit of RST.
D. 20 MH per unit of RST.
E. 37.5 MH per unit of RST.


Answer: C

Business

You might also like to view...

Which of the following is at the core of many of the examples of hypernorms?

A. Moral free space B. Transparency C. Public information D. Individual privacy

Business

In a SWOT analysis, increasing gasoline prices would represent a potential ________ for manufacturers of electric cars.

A. marketing mix B. internal weakness C. operational advantage D. external threat E. external opportunity

Business

Which of the following is not one of the four Standards of Ethical Conduct for Management Accountants?

A. Credibility B. Confidentiality C. Independence D. Integrity

Business

What is the meaning of the term "caveat emptor"?

A) an exemption clause in an agreement B) all of the agreement C) let the buyer beware D) let the seller beware E) negotiate all terms

Business