ACC/561 Exercise 15-5 - 76802

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  • From: Mathematics, Algebra
  • Due on: Mon 30 Mar, 2015 (01:20pm)
  • Asked on: Sun 29 Mar, 2015
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Excercise 15-5

Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $287,500 for the year, and machine usage is estimated at 125,000 hours. For the year, $304,193 of overhead costs are incurred and 130,400 hours are used.

a.) Compute the the manufacturing overhead rate for the year.

Manufacturing overhead rate for the year is $___________ per machine hour.

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