50.1K

Verified Solution

Link Copied!

Please answer and show work

s10,000. The dollar sales to attin that target profit is closes tor A. $855,000 B. $277,790 C. $872,544 D. $283,490 20. Stanley Corporation applies manufacturing overhead on the basis of mae beginning of the most recent year, the company based its estimated overhead of $60,600. Actual manufacturing overhed predctermined overbead rate on total overhead for the year amounted to $59,000 and actual machine-hours were 5,900. The company's predet was $10.10 per machine-hour. overhead rate for the year The A. $58,017 B. S59,590 C. $60,600 D. $58,597 applied manufacturing overhead for the year was closest to: tanley Corporation applies manufacturing overhead on the basis of machine-hours. At the beginning of the most recent year, the company based its predetermined overbead rate on total estimated overhead of $60,600. Actual manufacturing overhead for the year amounted to $59,000 and actual machine-hours were 5900The company's predetermined overhead rate for the year was $10.10 per machine-hour The overhead for the year was: A. $1,010 underapplied B. $590 overapplied C. $590 underapplied D. $1,010 overapplied provided the following data for its most recent year of operations. Estimated manufacturing overhead $73.440 Estimated machine-hours Actual manufacturing overhead Actual machine-hours 22. Akron Corporation, which applies manufacturing overhead on the basis of machine-hours, has 1,800 $68,700 1,71 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhcad rate for the year Page 7 of 12

Answer & Explanation Solved by verified expert

See Answer