Pre-determined overhead rate


Buckhorn Corporation bases its pre-determined overhead rate on the estimated machine hrs for the upcoming year. Data for the upcoming year appear beneath.

Estimated Machine hours: 85,000

Estimated variable manufacturing overhead: 5.55 per machine hour

Estimated total fixed manufacturing overhead: 951,888

Calculate the company's pre-determined overhead rate?

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Accounting Basics: Pre-determined overhead rate
Reference No:- TGS019135

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