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10. Mabanglo charges manufacturing overhead to products by using a predetermined appiication rate, computed on the basis of machine hours. The following data pertain to the current year: Budgeted manufacturing overhead P480,000 Actual manufacturing overhead Budgeted machine hours P440,000 20,000 Actual machine hours 16,000 Overhead applied to production totaled: a. P352,000. b. P384,000. C. P550,000. d. P600,000.

10. Mabanglo charges manufacturing overhead to products by using a predetermined appiication rate, computed on the basis of machine hours. The following data pertain to the current year: Budgeted manufacturing overhead P480,000 Actual manufacturing overhead Budgeted machine hours P440,000 20,000 Actual machine hours 16,000 Overhead applied to production totaled: a. P352,000. b. P384,000. C. P550,000. d. P600,000.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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10. Mabanglo charges manufacturing overhead to products by using a predetermined appiication rate, computed on the basis of machine hours. The following data pertain to the current year: Budgeted manufacturing overhead P480,000 Actual manufacturing overhead Budgeted machine hours P440,000 20,000 Actual machine hours 16,000 Overhead applied to production totaled: a. P352,000. b. P384,000. C. P550,000. d. P600,000.
Transcribed Image Text:10. Mabanglo charges manufacturing overhead to products by using a predetermined appiication rate, computed on the basis of machine hours. The following data pertain to the current year: Budgeted manufacturing overhead P480,000 Actual manufacturing overhead Budgeted machine hours P440,000 20,000 Actual machine hours 16,000 Overhead applied to production totaled: a. P352,000. b. P384,000. C. P550,000. d. P600,000.
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