PLEASE I NEED AN UNDERSTANDABLE EXPLANATION ABOUT SOLVING THIS EXERCISE BECAUSE I NEED TO LEARN. 16 Hurawalhi Company uses machine-hours (MHs) to allocate their manufacturing overhead (MOH) cost with capacity-basedmethod. The company recognized the cost of unused (idle) capacity of $600 on the income statement last year. Given thefollowing information, how much was the company's estimated MHs for planned production last year?Estimated MOH cost (all fixed)$Estimated MHs for planned productionEstimated MHs at capacity? MHs? MHs$ 12 per MH$ 10 per MHPOHR using the traditional methodPOHR at capacityА.72 MHsВ.250 MHsС.300 MHsD.350 МHsE.360 MHs

POHR using traditional method =estimated MOH cost /estimated MHs for planned production

Answered: nachine-hours (MHs) to allocate their…

nachine-hours (MHs) to allocate their manufacturing nized the cost of unused (idle) capacity of $600 on ti much was the company's estimated MHs for planned Il fixed) $

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

PLEASE I NEED AN UNDERSTANDABLE EXPLANATION ABOUT SOLVING THIS EXERCISE BECAUSE I NEED TO LEARN.

16 Hurawalhi Company uses machine-hours (MHs) to allocate their manufacturing overhead (MOH) cost with capacity-based
method. The company recognized the cost of unused (idle) capacity of $600 on the income statement last year. Given the
following information, how much was the company's estimated MHs for planned production last year?
Estimated MOH cost (all fixed)
$
Estimated MHs for planned production
Estimated MHs at capacity
? MHs
? MHs
$ 12 per MH
$ 10 per MH
POHR using the traditional method
POHR at capacity
А.
72 MHs
В.
250 MHs
С.
300 MHs
D.
350 МHs
E.
360 MHs

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