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Business, 12.08.2021 23:20 TH3L0N3W0LF
For 2018, XYZ Co. uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $8.00 per unit. The selling price of the product is $25.00. The estimated manufacturing overhead costs are $320,000 and estimated 50,000 machine hours. The actual manufacturing overhead costs are $360,000 and actual machine hours are 55,000. Using job costing, the 2018 actual (not predetermined) overhead cost rate is .
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For 2018, XYZ Co. uses machine-hours as the only overhead cost-allocation base. The direct cost rate...
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