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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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