Moore Corporation Bases Its Predetermined Overhead Rate on the Estimated

question 133

Multiple Choice

Moore Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below:

The predetermined overhead rate for the recently completed year was closest to:

• A) $7.89.
• B) $30.95.
• C) $24.52.
• D) $32.41.

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