The following information applies to the questions displayed below.] The followi
ID: 2403528 • Letter: T
Question
The following information applies to the questions displayed below.] The following data pertain to the Aquarius Hotel Supply Company for the year just ended Budgeted sales revenue Budgeted manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) Budgeted direct-labor rate per hour Actual manufacturing overhead Actual machine hours Actual direct-labor hours Actual direct-labor rate per hour $205,000 364,000 8,000 20,000 13 338,000 11,000 18,000 16 value: 5.00 points Required: 1. Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: (Round your answers to 2 decimal place.) Cost Drivers Overhead Rate (a) Machine hours (b) Direct-labor hours (c) Direct-labor dollars per machine hour per direct-labor hour per direct-labor dollarExplanation / Answer
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Cost Driver Overhead Rate Machine Hours $ 45.50 per machine Hour Labour Hours $ 18.20 per direct-labour Hour Labour Cost $ 1.40 per direct-labour DollarRelated Questions
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