George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost $235,400 Actual manufacturing overhead cost $244,600 Estimated machine hours 20,100 Actual machine hours 23,200 The estimates were made as of the beginning of the year, while the actual results were for the entire year. The amount of manufacturing overhead allocated for the year based on machine hours would have been (Round intermediary calculations to the nearest cent.) Question 31 options: $211,916. $244,600. $271,672. $235,400.
George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost $235,400 Actual manufacturing overhead cost $244,600 Estimated machine hours 20,100 Actual machine hours 23,200 The estimates were made as of the beginning of the year, while the actual results were for the entire year. The amount of manufacturing overhead allocated for the year based on machine hours would have been (Round intermediary calculations to the nearest cent.) Question 31 options: $211,916. $244,600. $271,672. $235,400.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow.
The estimates were made as of the beginning of the year, while the actual results were for the entire year.
The amount of manufacturing overhead allocated for the year based on machine hours would have been (Round intermediary calculations to the nearest cent.)
| Estimated |
$235,400 |
| Actual manufacturing overhead cost | $244,600 |
| Estimated machine hours | 20,100 |
| Actual machine hours | 23,200 |
The estimates were made as of the beginning of the year, while the actual results were for the entire year.
The amount of manufacturing overhead allocated for the year based on machine hours would have been (Round intermediary calculations to the nearest cent.)
Question 31 options:
|
|
$211,916.
|
|
|
$244,600.
|
|
|
$271,672.
|
|
|
$235,400.
|
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