Rachel's Yarn Supply Manufacturing uses machine-hours as the only overhead cost allocation base.In 2012,the accountant reported the following information:

Required:
Using job costing,compute the 2012 budgeted manufacturing overhead rate.

Question

Rachel's Yarn Supply Manufacturing uses machine-hours as the only overhead cost allocation base.In 2012,the accountant reported the following information:

Required:
Using job costing,compute the 2012 budgeted manufacturing overhead rate.

Quizplus · Accepted Answer

A)[($250,000 / 35,000)] = $7.14

Rachel's Yarn Supply Manufacturing Uses Machine-Hours as the Only Overhead