For 2014, Thomas Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs
Fantastic news! We've Found the answer you've been seeking!
Question:
For 2014, Thomas Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 40,000. The actual manufacturing overhead costs are $520,000 and actual machine hours are 50,000. 28) Using job costing, the 2014 budgeted manufacturing overhead rate is ________.
A) $6.50 per machine-hour
B) $4.80 per machine-hour
C) $5.50 per machine-hour
D) $6.00 per machine-hour
29) What is the difference between the budgeted and the actual manufacturing overhead using job costing?
A) $0.20
B) $0.50
C) $1.00
D) $1.20
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Posted Date: