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Author Question: Smith Paints allocates overhead based on machine hours. Selected data for the most recent year ... (Read 52 times)

kfurse

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Smith Paints allocates overhead based on machine hours. Selected data for the most recent year follow.

Estimated manufacturing overhead cost$250,000
Actual manufacturing overhead cost$230,000
Estimated machine hours20,000
Actual machine hours21,000

The estimates were made as of the beginning of the year, while the actual results were for the entire year.


At Smith Paints the amount of manufacturing overhead allocated for the year based on machine hours would have been
◦ $240,000.
◦ $250,000.
◦ $262,500.
◦ $230,000.


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Marked as best answer by kfurse on Jan 4, 2020

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kfurse

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Reply 2 on: Jan 4, 2020
Excellent


skipfourms123

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Reply 3 on: Yesterday
Wow, this really help

 

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