Answer the following questions using the information below:
For 2010, Jake's Dog Supply Manufacturing uses machine-hours as the only overhead cost-allocation base. The accounting records contain the following information:

-Using job costing, the 2010 actual indirect-cost rate is:

Question

Answer the following questions using the information below:
For 2010, Jake's Dog Supply Manufacturing uses machine-hours as the only overhead cost-allocation base. The accounting records contain the following information:
 
-Using job costing, the 2010 actual indirect-cost rate is:

Quizplus · Accepted Answer

To calculate the actual indirect-cost rate, divide the total actual overhead costs by the total actual machine hours:
$24,000 / 5,000 = $4.80 per machine-hour.

Answer the Following Questions Using the Information Below