Homework Answers
Answer 7.83 per unit
Explanation
Total estimated manufacturing overhead cost =$3131500+1,556,000
=$4,687,500
Total estimated machine hours =262,000MH+187,000MH
=449,000MH
Plant wide overhead rate =$4687500/449,000MH
=10.439866369710
Overhead will be assigned to each unit produced =10.439866369710*0.75
=7.829899777282850
=7.83 (answer rounded to two decimals)
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