INTERMEDIATE ACCOUNTING ACCESS 540 DAY
10th Edition
ISBN: 9781264706327
Author: SPICELAND
Publisher: MCG
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JBL Company applies manufacturing
overhead to jobs on the basis of machine
hours used. Overhead costs are expected to
total $276,660 for the year, and machine
usage is estimated at 125,300 hours. For the
year,
$296,534 of overhead costs are incurred
and 132,300 hours are used. Compute the
manufacturing overhead rate for the year.
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