ny forecasts that total overhead for the current year will be $11,649,000 with 153,000 total machine hours. Year to date, the actual overhead is $7,535,000 and the actual machine hours are 82,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar

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Chapter1: Financial Statements And Business Decisions
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Thomlin Company forecasts that total overhead for the current year will be $11,649,000 with 153,000 total machine hours. Year to date, the actual overhead is $7,535,000 and the actual machine hours are 82,000 hours. The predetermined overhead rate based on machine hours is

Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.

Thomlin Company forecasts that total overhead for the current year will be $11,649,000 with 153,000 total machine hours. Year to date, the actual overhead is $7,535,000 and the
actual machine hours are 82,000 hours. The predetermined overhead rate based on machine hours is
Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.
Oa. $49 per machine hour
Ob. $92 per machine hour
Oc. $142 per machine hour
Od. $76 per machine hour
Transcribed Image Text:Thomlin Company forecasts that total overhead for the current year will be $11,649,000 with 153,000 total machine hours. Year to date, the actual overhead is $7,535,000 and the actual machine hours are 82,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. Oa. $49 per machine hour Ob. $92 per machine hour Oc. $142 per machine hour Od. $76 per machine hour
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