Spring Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year.Data for the upcoming year appear below: The predetermined overhead rate for the recently completed year was closest to:
$$\begin{array} { | l | r | l | }
\hline \text { Estimated machine-hours } & 70,000 & \
\hline \text { Estimated variable } & \$ 6.68 & \begin{array} { l }
\text { per machine } \
\text { hour }
\end{array} \
\text { manufacturing overhead } & & \
\hline \begin{array} { l }
\text { Estimated total fixed } \
\text { manufacturing overhead }
\end{array} & \$ 1,283,800 & \
\hline
\end{array}$$
A) $6.68.
B) $25.02.
C) $25.59.
D) $18.34.

Question

Spring Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year.Data for the upcoming year appear below: The predetermined overhead rate for the recently completed year was closest to:
$$\begin{array} { | l | r | l | } 
\hline \text { Estimated machine-hours } & 70,000 & \
\hline \text { Estimated variable } & \$ 6.68 & \begin{array} { l } 
\text { per machine } \
\text { hour }
\end{array} \
\text { manufacturing overhead } & & \
\hline \begin{array} { l } 
\text { Estimated total fixed } \
\text { manufacturing overhead }
\end{array} & \$ 1,283,800 & \
\hline
\end{array}$$
A) $6.68.
B) $25.02.
C) $25.59.
D) $18.34.

Quizplus · Accepted Answer

The Answer of Spring Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year.Data for the upcoming year appear below: The predetermined overhead rate for the recently completed year was closest to:
$$\begin{array} { | l | r | l | } 
\hline \text { Estimated machine-hours } & 70,000 & \
\hline \text { Estimated variable } & \$ 6.68 & \begin{array} { l } 
\text { per machine } \
\text { hour }
\end{array} \
\text { manufacturing overhead } & & \
\hline \begin{array} { l } 
\text { Estimated total fixed } \
\text { manufacturing overhead }
\end{array} & \$ 1,283,800 & \
\hline
\end{array}$$
A) $6.68.
B) $25.02.
C) $25.59.
D) $18.34.

Spring Corporation Bases Its Predetermined Overhead Rate on the Estimated