Mazoon Leather Company decided to use a multiple predetermined overhead rate to apply manufacturing overhead...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Mazoon Leather Company decided to use a multiple predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate chosen is labor hours for Primary Treatment Department and machine-hours for Secondary Treatment Department. The accounting records shows the following estimates made at the beginning of the year: Primary Treatment Secondary Treatment Manufacturing overhead cost $ 120,000 $ 60,000 Machine-hours 2,000 15,000 the.oool Direct labor-hours 6.000 Direct labor cost $ 60,000 $ 40.000 What predetermined overhead rates would be used in Mazoon Leather for Primary Treatment Department and Secondary Treatment Department, respectively? a. 200% and $4 b. None of the given answer $20 and 150% d. $2 and 150% e S20 and $4
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
