Apex Manufacturing uses a predetermined overhead rate based on machine hours. For the upcoming year, the company estimated total manufacturing overhead to be $3,600,000 and estimated total machine hours to be 120,000 hours. Calculate Apex Manufacturing's predetermined overhead rate.

Apex Manufacturing uses a predetermined overhead rate based on machine hours. For the upcoming year, the company estimated total manufacturing overhead to be $3,600,000 and estimated total machine hours to be 120,000 hours. Calculate Apex Manufacturing's predetermined overhead rate.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 23Q: If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of...

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Question

I want to correct answer general accounting question

Apex Manufacturing uses a predetermined overhead rate based on
machine hours. For the upcoming year, the company estimated total
manufacturing overhead to be $3,600,000 and estimated total
machine hours to be 120,000 hours. Calculate Apex Manufacturing's
predetermined overhead rate.

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