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Author Question: For 2018, Franklin Manufacturing uses machine-hours as the only overhead cost-allocation base. The ... (Read 231 times)

jilianpiloj

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on: Mar 6, 2021
For 2018, Franklin Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 50,000. The actual manufacturing overhead costs are $420,000 and actual machine hours are 60,000.

Using job costing, the 2018 budgeted manufacturing overhead rate is ________. (Round the final answer to the nearest cent.)
◦ $8.40 per machine-hour
◦ $5.00 per machine-hour
◦ $7.00 per machine-hour
◦ $6.00 per machine-hour
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by jilianpiloj on Mar 6, 2021

jazzlynnnnn

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Reply #1 on: Mar 6, 2021
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jilianpiloj

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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