Mathematics, 20.06.2021 01:10 sjdpdpisdjsipjd7327
The Collins Company forecasts that total overhead for the current year will be $12,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $8,000,000 and the actual machine hours are 100,000 hours. If the Collins Company uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate? Show the OH account at this point in the year. Is OH under applied or over applied?
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The Collins Company forecasts that total overhead for the current year will be $12,000,000 and that...
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