Thomlin Company forecasts that total overhead for the current year will be $11,604,000 with 164,000 total machine hours. Year to date, the actual overhead is $7,567,000 and the actual machine hours are 83,000 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.) a. $140 per machine hour b. $46 per machine hour c. $91 per machine hour d. $71 per machine hour

Thomlin Company forecasts that total overhead for the current year will be $11,604,000 with 164,000 total machine hours. Year to date, the actual overhead is $7,567,000 and the actual machine hours are 83,000 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.) a. $140 per machine hour b. $46 per machine hour c. $91 per machine hour d. $71 per machine hour

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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