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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
Happy Clicks, Inc. uses a predetermined overhead allocation rate of $5.50 per machine hour. Actual overhead costs incurred during the year are as follows:

Indirect materials   $6,700
Indirect labor   $2,200
Plant depreciation   $47
Plant utilities and insurance   $9,800
Other plant overhead costs   $12,400
Total machine hours used during year   7,600 hours

What is the amount of manufacturing overhead cost allocated to Work-in-Process Inventory during the year?
A) $29,847
B) $38,747
C) $8,900
D) $41,800
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Posts: 2227
7 years ago
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H3Ko Author
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7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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7 years ago
Excellent Slight Smile
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3 years ago
Thank You!
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2 years ago
Very good
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2 years ago
Excellent
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