What is the predetermined overhead rate


Compute the predetermined overhead rate.Predetermined overhead rate $ per MH 2. During the year Job 500 was started and completed. The following information was available with respect to this job: Direct materials requisitioned $ 310 Direct labor cost $ 210 Machine-hours used 31 Compute the total manufacturing cost assigned to Job 500. (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Total manufacturing cost $ 3-a. During the year the company worked a total of 145,400 machine-hours on all jobs and incurred actual manufacturing overhead costs of $1,287,928. What is the amount of underapplied or overapplied overhead for the year? (Input the amount as a positive value. Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Manufacturing overhead cost by $

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Accounting Basics: What is the predetermined overhead rate
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