Thomlin Company forecasts that total overhead for the current year will be $7,584,000 with 158,000 total machine hours. Year to date, the actual overhead is $3,818,000, and the actual machine hours are 83,000 hours. The predetermined overhead rate based on machine hours is Round the answer to the nearest dollar. a.$46 per machine hour b.$24 per machine hour c.$91 per machine hour d.$48 per machine hour
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Thomlin Company forecasts that total overhead for the current year will be $7,584,000 with 158,000 total machine hours. Year to date, the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
It is important to diversify your investments a. because money saved in a bank is not protected b. so you do not pay more taxes to the government c. in order to minimize risk and maximize return d. to keep your financial documents
Answers (1)
The key to building wealth involves high risk investing
Answers (1)
Can cathy withdraw money from her ira savings account
Answers (2)
Mr. Bundy believes that women make poor shoe salespersons, but hires a woman to sell his shoes anyway and treats them the same as his male employees. Based on this information, which of the following is TRUE regarding Mr. Bundy?
Answers (1)
From the bank reconciliation, no entry was recorded for deposits in transit. This would cause A. assets to be overstated. B. assets to be understated. C. no impact since deposits in transit are already included in the balance per books. D.
Answers (1)
New Questions in Business
Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services.
Answers (1)
The pursuit of only a singular, substantive goal often tends to support the choice of a competitive strategy. a. True b. False
Answers (2)
Tony is the sole shareholder of O. K. Oil Corporation. Tony uses O. K's funds to pay his personal expenses and to create Pure Fuel Corporation to engage in the same business as O. K. Oil. He then transfers all of O. K. Oil's assets to Pure Fuel.
Answers (1)
All else held constant, the law of demand suggests that as rev: 05_02_2018 Multiple Choice the demand for tablets increases, the price of tablets will increase. income increases, the quantity of tablets demanded will increase.
Answers (1)
When making decisions for her department, Ellie tends to take a long time because she takes into consideration a large amount of information. What type of decision-making style does Ellie demonstrate?
Answers (1)