Walsh Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the...
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Accounting
Walsh Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year.
Predetermined overhead rate
$
23.60
per machine-hour
Estimated total fixed manufacturing overhead from the beginning of the year
$
708,000
Estimated activity level from the beginning of the year
30,000
machine-hours
Actual total fixed manufacturing overhead
$
752,000
Actual activity level
28,100
machine-hours
The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
Select one:
a. $708,000
b. $663,160
c. $44,000
d. $704,373
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