Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
ktpizzle1993 ktpizzle1993
wrote...
Go to Answer
Posts: 146
Rep: 0 0
A year ago

Tarrant Corporation has two manufacturing departments--Casting and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:

CastingFinishingTotal
Estimated total machine-hours (MHs)1,0004,0005,000
Estimated total fixed manufacturing overhead cost$ 5,700$ 11,200$ 16,900
Estimated variable manufacturing overhead cost per MH$ 1.30$ 2.90

Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. The departmental predetermined overhead rate in the Casting Department is closest to:



▸ $5.70

▸ $1.30

▸ $5.96

▸ $7.00
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 63 times
1 Reply
Replies
Answer verified by a subject expert
letssdoothissletssdoothiss
wrote...
#1
Posts: 135
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

ktpizzle1993 Author
wrote...

A year ago
Thank you, thank you, thank you!
alpheratz
wrote...

Yesterday
Good timing, thanks!
Butwhy
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1124 People Browsing
 121 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 175
  
 134
  
 221
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: How often do you eat-out per week?