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lindseyw lindseyw
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A year ago

Petty Corporation has two production departments, Milling and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department’s predetermined overhead rate is based on machine-hours and the Finishing Department’s predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:

MillingFinishing
Machine-hours20,00014,000
Direct labor-hours2,0008,000
Total fixed manufacturing overhead cost$ 148,000$ 88,000
Variable manufacturing overhead per machine-hour$ 1.90
Variable manufacturing overhead per direct labor-hour$ 3.60

The estimated total manufacturing overhead for the Milling Department is closest to:



▸ $408,000

▸ $38,000

▸ $148,000

▸ $186,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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bizmailovabizmailova
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A year ago
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lindseyw Author
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A year ago
Thanks
Mcb
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Yesterday
You make an excellent tutor!
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2 hours ago
Good timing, thanks!
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