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What is abcs predetermined moh rate

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Q1. ABC manufactures golf clubs. For 2017, they predict they will manufacture 10,000 golf clubs. Manufacturing overhead is estimated to be $250,000; MOH is allocated by machine hours. Expected machine hours for 2017 are 2,500. What is ABC's predetermined MOH rate for 2017?

A. $25

B. $4

C. $100

D. None of these

Q2. ABC manufactures golf clubs. For 2017, they predict they will manufacture 10,000 golf clubs. Manufacturing overhead is estimated to be $250,000; MOH is allocated by machine hours. Expected machine hours for 2017 are 2,500. Suppose actual machine hours at the end of 2017 are 2,300. What is ABC's allocated MOH for 2017?

A. 20,000

B. 250,000

C. 230,000

D. None of these

Q3 Jared Company's formula for annual manufacturing overhead is: Y = $150,000 + $8X where X is direct labor hours. The predicted activity for 2017 is 40,000 direct labor hours and the actual activity for January of 2017 was 5,000 direct labor hours. Using a predetermined overhead rate (calculate the estimated OH first), the APPLIED January overhead is?

A. $58,750

B. $190,000

C. $40,000

D. $208,750

Reference no: EM132873096

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