Question: Question 5 (This question has two parts, part I with two items, (a) and (b), and part II with two items (a) and (b)) ([2+3]

Question 5 (This question has two parts, part I with two

Question 5 (This question has two parts, part I with two items, (a) and (b), and part II with two items (a) and (b)) ([2+3] + [8 + 4) = 17 marks) Part 1 ABC Ltd uses a predetermined overhead rate to estimate the total manufacturing overhead for the quarter ending 30 September 2019. Based on this, the estimated total manufacturing overhead cost is $200,200 and the estimated level of activity is 11,000 machine hours. By the end of 30 September 2019, ABC Ltd incurred actual total manufacturing overhead costs of $195 000 and 10 500 total machine hours. Required: (a) Calculate the predetermined overhead rate. (2 marks) Suggested Answer: Click or tap here to enter text. (Or, you can use the given excel document to show your work for this question.)

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