Tarrant Corporation has two manufacturing departments--Casting and Finishing.The company used the following data at the beginning of the year to calculate predetermined overhead rates: Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments.The departmental predetermined overhead rate in the Casting Department is closest to:
A)$5.70
B)$1.30
C)$5.96
D)$7.00

Question

Tarrant Corporation has two manufacturing departments--Casting and Finishing.The company used the following data at the beginning of the year to calculate predetermined overhead rates:  Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments.The departmental predetermined overhead rate in the Casting Department is closest to:
A)$5.70 
B)$1.30 
C)$5.96 
D)$7.00

Quizplus · Accepted Answer

Casting Department predetermined overhead rate: 11ea7998_5f67_a83a_911b_815ed9889133_TB2627_00_TB2627_00

Tarrant Corporation Has Two Manufacturing Departments--Casting and Finishing