For 2020, Roy manufacturing used job costing. The company uses machine-hours as the overhead cost-allocation base. The records show the following information: Estimated Actual Manufacturing overhead costs £800,000 £840,000 Machine-hours 50,000 60,000 The budgeted manufacturing overhead rate for 2020 is ? a. £16 per machine-hour b. £14 per machine-hour c. £16.8 per machine-hour d. £13.3 per machine-hour
For 2020, Roy manufacturing used job costing. The company uses machine-hours as the overhead cost-allocation base. The records show the following information: Estimated Actual Manufacturing overhead costs £800,000 £840,000 Machine-hours 50,000 60,000 The budgeted manufacturing overhead rate for 2020 is ? a. £16 per machine-hour b. £14 per machine-hour c. £16.8 per machine-hour d. £13.3 per machine-hour
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
For 2020, Roy manufacturing used
Estimated Actual
Machine-hours 50,000 60,000
The budgeted manufacturing overhead rate for 2020 is ?
a. |
£16 per machine-hour |
|
b. |
£14 per machine-hour |
|
c. |
£16.8 per machine-hour |
|
d. |
£13.3 per machine-hour |
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