Question 2 Version B Bemerd Co uses a predetermined overhead rate based on computer hours used to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated fixed manufacturing overhead would be $350,480 and variable manufacturing overhead would be $4 per computer hour with 35,500 computer hours. Bernard Co actually had $495,000 of manufacturing overhead with 33,500 computer hours for the year. Questions: a) Calculate the amount of the overhead that is applied

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 2
Version B
Bernard Co uses a predetermined overhead rate based on computer hours
used to apply manufacturing overhead to jobs. At the beginning of the
year, the company estimated fixed manufacturing overhead would be
$350,480 and variable manufacturing overhead would be $4 per computer hour
with 35,500 computer hours.
Bernard Co actually had $495,000 of manufacturing overhead
with 33,500 computer hours for the year.
Questions:
a) Calculate the amount of the overhead that is applied
Transcribed Image Text:Question 2 Version B Bernard Co uses a predetermined overhead rate based on computer hours used to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated fixed manufacturing overhead would be $350,480 and variable manufacturing overhead would be $4 per computer hour with 35,500 computer hours. Bernard Co actually had $495,000 of manufacturing overhead with 33,500 computer hours for the year. Questions: a) Calculate the amount of the overhead that is applied
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