Question: Mork Company has four process engineers that are each able to process 1, 500 design changes. Last year 5, 250 design changes were produced by

 Mork Company has four process engineers that are each able to

Mork Company has four process engineers that are each able to process 1, 500 design changes. Last year 5, 250 design changes were produced by the four engineers. Each engineer is paid exist60,000 per year. 10. Refer to Figure 3-3. Calculate the unused capacity. a. 750 change orders b. 1.375 change orders c. 4,000 change orders d. 2,000 change orders A predetermine overhead rate is calculated using which of the following formulas? a. Actual annual overhead/budgeted annual driver level b. Budgeted annual overhead/budgeted annual driver level c. Budgeted annual overhead/actual annual driver level d. Actual annual overhead/actual annual driver level The following information is provided: Estimated manufacturing overhead exist690,000 Estimated machine hours 46,000 Actual machine hours worked 50,000 Actual manufacturing overhead costs incurred: Indirect materials exist170,000 Indirect labor 230,000 Utilities 120,000 Insurance 100,000 Rent 80,000 Refer to Figure 4-3. The amount of overapplied or underapplied overhead is a. exist65, 200 underapplied. b. exist60,000 overapplied. c. exist50,000 overapplied. d. exist10,000 underapplied

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