Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
A) $663,160
B) $708,000
C) $44,000
D) $704,373

Question

Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year.  The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
A) $663,160 
B) $708,000 
C) $44,000 
D) $704,373

Quizplus · Accepted Answer

The Answer of Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year.  The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
A) $663,160 
B) $708,000 
C) $44,000 
D) $704,373

Kavin Corporation Uses a Predetermined Overhead Rate Base on Machine-Hours