Please given answer Accounting question A factory allocates costs based on machine hours.Total manufacturing overhead is $24,000, and totalmachine hours are 800. Calculate the cost allocationper machine hour.(a) $20(b) $30(c) $40(d) $50

Step 1:Definition of Machine Hour AllocationMachine hour allocation assigns overhead costs to…

Answered: A factory allocates costs based on…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 1EA: Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor...

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Green Bay Cheese Company estimates its overhead to be $375,000. It expects to have 125,000 direct labor hours costing $1,500,000 in labor and utilizing 15,000 machine hours. Calculate the predetermined overhead rate using: A. Direct labor hours B. Direct labor dollars C. Machine hours
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A factory allocates costs based on machine hours. Total manufacturing overhead is $24,000, and total machine hours are 800. Calculate the cost allocation per machine hour. (a) $20 (b) $30 (c) $40 (d) $50