Solved

The Following Information Is Provided for the Year -Refer to the Figure

Question 13

Multiple Choice

The following information is provided for the year:
 Actual direct labour hours worked 36,000 Budgeted overhead $300,000 Budgeted direct labour hours 30,000 Actual overhead costs incurred $360,000\begin{array}{lr}\text { Actual direct labour hours worked } & 36,000 \\\text { Budgeted overhead } & \$ 300,000 \\\text { Budgeted direct labour hours } & 30,000 \\\text { Actual overhead costs incurred } & \$ 360,000\end{array}
-Refer to the figure.What is the actual overhead rate for applying manufacturing overhead?


A) $7.14
B) $7.50
C) $10.00
D) $10.50

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents