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Author Question: At the beginning of the year, managers at King Industries estimated $420,000 in manufacturing ... (Read 70 times)

awgagawg

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on: Feb 5, 2023

Question 1

The predetermined overhead rate is calculated as
◦ actual overhead divided by actual activity level.
◦ actual overhead divided by estimated activity level.
◦ estimated overhead divided by estimated activity level.
◦ estimated overhead divided by actual activity level.

Question 2

At the beginning of the year, managers at King Industries estimated $420,000 in manufacturing overhead, 20,000 direct labor hours and 50,000 machine hours. Actual manufacturing costs at the end of the year were $425,000 in manufacturing overhead. During the year 22,000 direct labor hours and 47,000 machine hours were incurred. If overhead is applied based on direct labor hours, what is the predetermined overhead rate for the coming year?
◦ $21.00 per direct labor hour
◦ $21.25 per direct labor hour
◦ $19.09 per direct labor hour
◦ $20.00 per direct labor hour
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by awgagawg on Feb 5, 2023

hillard sane

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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awgagawg

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

fatboyy09

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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