Homework Answers
Solution:
Estimated manufacturing overhead = estimated fixed manufacturing overhead + estimated variable manufacturing overhead
=$838,790 +(3.50 *72,600)
=$838,790 +$254,100
=$1,092,890
Predetermined overhead rate = Estimated manufacturing overhead / Estimated machine
=$1,092,890 /72,600
=$15.05 per machine hour
Therefore the correct option is $15.05 per machine hour.
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