MGMT_201_(Ganguly)_Lecture_4_post

Jobs 1 how do i compute a predetermined 1 rate trick

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Unformatted text preview: ucts Production Jobs Pass Through 10 Stage Two Overhead Assigned to Production Jobs 1. How do I compute a predetermined 1. rate? (trick question) rate? A. B. C. D. E. I divide the budgeted manufacturing overhead by the actual machine hours I divide the actual manufacturing overhead by the budgeted machine hours I divide the budgeted manufacturing overhead by the budgeted labor hours I divide the budgeted manufacturing overhead by either budgeted machine hours or budgeted direct labor hours I divide the actual manufacturing overhead by either the budgeted machine hours, or the budgeted labor hours, or the budgeted total labor dollars 11 Note: The solutions to these in­class exercises will not be posted to Katalyst at any time. The idea is for students to work on them in class. 12 The following data pertain to Company X Budgeted Manufacturing Overhead $650,000 Budgeted machine hours Budgeted Direct Labor Hours 25,000 Budgeted Direct Labor Rate $13 Actual Manufacturing Overhead $690,000...
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