Question: TIMED TASK Trenton Company has two departments (Processing and Packaging) and uses a job-order costing system. Baker applies overhead in Processing based on machine hours

TIMED TASK

TIMED TASK Trenton Company has two departments (Processing and Packaging) and uses

Trenton Company has two departments (Processing and Packaging) and uses a job-order costing system. Baker applies overhead in Processing based on machine hours and on direct labor cost in Packaging. The following information is available for July: Processing Packaging Machine hours 2,500 1,000 Direct labor cost P44,500 P23,000 Applied overhead P55,000 P51,750 Refer to Trenton Company. What is the overhead application rate per machine hour for Processing? OP 1.24 P 0.81 P22.00 OP17.80

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