Housholder 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 predetermined overhead rate is closest to:
A) $18.47
B) $16.94
C) $16.90
D) $15.50

Question

Housholder 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 predetermined overhead rate is closest to:
A) $18.47 
B) $16.94 
C) $16.90 
D) $15.50

Quizplus · Accepted Answer

The Answer of Housholder 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 predetermined overhead rate is closest to:
A) $18.47 
B) $16.94 
C) $16.90 
D) $15.50

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