The estimated allocation base is 39,800 machine hours and the estimated total manufacturing overhead cost is $96,300. The predetermined overhead rate to be applied to the jobs is?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4TP: If a company bases its predetermined overhead rate on 100,000 machine hours, and It actually has...
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Solve this general accounting problem

The estimated allocation base is
39,800 machine hours and the
estimated total manufacturing
overhead cost is $96,300. The
predetermined overhead rate to be
applied to the jobs is?
Transcribed Image Text:The estimated allocation base is 39,800 machine hours and the estimated total manufacturing overhead cost is $96,300. The predetermined overhead rate to be applied to the jobs is?
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