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Fast2F Fast2F
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Posts: 1470
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7 years ago
The following data are available for Convoy Trucks:

Estimated machine hours   40,000 hours
Actual machine hours   5,000 hours
Estimated manufacturing overhead costs   $150,000
Actual manufacturing overhead costs   13,000

Required:
a. Compute the predetermined overhead rate assuming the rate is based on machine hours.
b. Prepare the journal entry to record the applied overhead.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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