FUND OF ACCT PRIN (LOOSE)+ACCESS CARD
FUND OF ACCT PRIN (LOOSE)+ACCESS CARD
25th Edition
ISBN: 9781264749812
Author: Wild
Publisher: MCG
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Chapter C, Problem 3QS

Computing overhead rates under ABC P2
Refer to the information in QS C-2. Compute the overhead activity rate for each activity, assuming the company uses activity-based costing.

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Dorothy Manufacturing applies manufacturing overhead on the basis of machine hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $378,000 and 9,000 estimated machine hours. Actual manufacturing overhead for the year amounted to $385,200, and actual machine hours were 9,200. The applied manufacturing overhead for the year was closest to __.
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