Reference no: EM13753919
1. Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year:
Budgeted manufacturing overhead: $480,000
Actual manufacturing overhead: $440,000
Budgeted machine hours: 20,000
Actual machine hours: 16,000
Overhead applied to production totaled:
Select one:
a. $352,000
b. $384,000
c. $550,000
d. $600,000
e. some other amount
2. Simone uses a predetermined overhead application rate of $8 per direct labor hour. A review of the company's accounting records for the year just ended discovered the following:
Under-applied manufacturing overhead: $7,200
Actual manufacturing overhead: $392,000
Budgeted labor hours: 50,000
Simone's actual labor hours worked totaled:
Select one:
a. 48,100
b. 49,100
c. 49,900
d. 50,900
e. cannot be determined based on the information presented
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: Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year: Simone uses a predetermined overhead application rate of $8 per dir..
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