Solution-What the predetermined overhead rate for the

What the predetermined overhead rate for the recently year

Reference no: EM132596640

Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:

Estimated machine-hours 72,400

Estimated variable manufacturing overhead $3.20 per machine hour

Estimated total fixed manufacturing overhead $838,720

Question 1: The predetermined overhead rate for the recently completed year was closest to:

Multiple Choice

Option 1: $14.78 per machine-hour

Option 2: $9.60 per machine-hour

Option 3: $8.63 per machine-hour

Option 4: $6.76 per machine-hour

Reference no: EM132596640

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What the predetermined overhead rate for the recently year

Reference no: EM132596640

Reference no: EM132596640

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