For 2018, Jake’s Dog Supply Manufacturing uses machine-hours as the only overhead cost-allocation base. The accounting records contain the following information:
For 2018, Jake’s Dog Supply Manufacturing uses machine-hours as the
only overhead cost-allocation base. The accounting records contain the following information:
Estimated Actual
Manufacturing overhead costs $200,000 . $240,000
Machine-hours 20,000 50,000
Using job costing, the 2018 budgeted manufacturing overhead rate is:
Using normal costing, the amount of manufacturing overhead costs allocated to jobs during 2018 is: