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What predetermined overhead rates would be used in Mazoon Leather for Primary Treatment Department and Secondary Treatment Department, respectively? O a. $1 and 75% O b. None of the given answer. O C. 100% and $2 O d. $10 and $2 O e. $10 and 75%

What predetermined overhead rates would be used in Mazoon Leather for Primary Treatment Department and Secondary Treatment Department, respectively? O a. $1 and 75% O b. None of the given answer. O C. 100% and $2 O d. $10 and $2 O e. $10 and 75%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Mazoon Leather Company decided to use a multiple predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate chosen is labor hours for Primary Treatment Department and machine-hours for Secondary Treatment Department. The accounting records shows the following estimates made at the beginning of the year: Primary Secondary Treatment Treatment Manufacturing overhead cost $ 60,000 $ 30,000 Machine-hours 2,000 15,000 Direct labor-hours 6,000 9,000 Direct labor cost $ 60,000 $ 40,000
Transcribed Image Text:Mazoon Leather Company decided to use a multiple predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate chosen is labor hours for Primary Treatment Department and machine-hours for Secondary Treatment Department. The accounting records shows the following estimates made at the beginning of the year: Primary Secondary Treatment Treatment Manufacturing overhead cost $ 60,000 $ 30,000 Machine-hours 2,000 15,000 Direct labor-hours 6,000 9,000 Direct labor cost $ 60,000 $ 40,000
What predetermined overhead rates would be used in Mazoon Leather for Primary Treatment Department and Secondary Treatment Department, respectively? O a. $1 and 75% O b. None of the given answer. O c. 100% and $2 O d. $10 and $2 O e. $10 and 75%
Transcribed Image Text:What predetermined overhead rates would be used in Mazoon Leather for Primary Treatment Department and Secondary Treatment Department, respectively? O a. $1 and 75% O b. None of the given answer. O c. 100% and $2 O d. $10 and $2 O e. $10 and 75%
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