Natasha Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: • . Estimated machine-hours: 80,000 Estimated variable manufacturing overhead: $4.00 per machine-hour . Estimated $960,000 total fixed manufacturing overhead: What was the predetermined overhead rate for the recently completed year closest to?
Natasha Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: • . Estimated machine-hours: 80,000 Estimated variable manufacturing overhead: $4.00 per machine-hour . Estimated $960,000 total fixed manufacturing overhead: What was the predetermined overhead rate for the recently completed year closest to?
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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
Transcribed Image Text:Natasha Corporation bases its predetermined overhead
rate on the estimated machine-hours for the upcoming
year. Data for the upcoming year appear below:
•
. Estimated machine-hours: 80,000
Estimated variable manufacturing overhead: $4.00 per
machine-hour
. Estimated
$960,000
total fixed manufacturing overhead:
What was the predetermined overhead rate for the
recently completed year closest to?
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