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Lancelot Manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manuf
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Answer #1

Estimated manufacturing overhead = $50,000

Estimated machine hours = 100,000

Manufacturing cost allocate rate = Estimated manufacturing overhead / Estimated machine hours

= 50,000/100,000

= $0.50 per machine hour

Correct option is D.

Other information like direct materials and direct labor is no use while calculating manufacturing overhead cost allocation rate.

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