For its maintenance cost pool, Hayek Manufacturing Company expected an overhead cost of $420,000 and an estimated 8,400 machine hours. The actual overhead cost for that cost pool was $445,000 for 8,900 actual machine hours. The activity-based overhead rate (ABOR) used to assign the costs of the maintenance cost pool to products is __.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4TP: If a company bases its predetermined overhead rate on 100,000 machine hours, and It actually has...
icon
Related questions
Question
100%

For its maintenance cost pool, Hayek Manufacturing Company expected an overhead cost of $420,000 and an estimated 8,400 machine hours. The actual overhead cost for that cost pool was $445,000 for 8,900 actual machine hours. The activity-based overhead rate (ABOR) used to assign the costs of the maintenance cost pool to products is __.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning