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Calculate the budgeted manufacturing overhead rate

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Reference no: EM132446720

Question - For 2018, Jake's Dog Supply Manufacturing uses machine-hours as the only overhead cost-allocation base. The accounting records contain the following information:

 

Estimated

Actual

Manufacturing overhead costs

$200,000

$240,000

Machine-hours

20,000

50,000

Required - Using job costing, calculate the 2018 budgeted manufacturing overhead rate?

Reference no: EM132446720

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