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Business, 13.03.2020 02:29 hunterbrod71
Metalica Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000. By 20x1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20x1 predetermined overhead rate was:
a. $0.04 per machine hour
b. $0.05 per machine hour
c. $20 per machine hour
d. $21 per machine hour
e. $25 per machine hour
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Metalica Company applies overhead based on machine hours. At the beginning of 20x1, the company esti...
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