Melbourne Company estimated that machine-hours for the year would be 40,700 hours and overhead (all fixed) would
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Question:
Melbourne Company estimated that machine-hours for the year would be 40,700 hours and overhead (all fixed) would be $154,660. Melbourne applies its overhead on the basis of machine-hours. During the year, all overhead costs were exactly as planned ($154,660). There was $20,140 in overapplied overhead.
Required:
How many machine-hours were worked during the period?
Related Book For
Essentials of Strategic Management
ISBN: 978-1260092271
1st edition
Authors: Martyn R Pitt, Dimitrios Koufopoulos
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