Factory Containers Allocates Overhead Based on Machine Hours

question 87

Multiple Choice

Factory Containers allocates overhead based on machine hours.Estimated overhead costs for the year total $68,000 and the company estimates that it will use 16,000 machine hours during the year.Actual overhead for the year was $62,250 and the company used 15,000 machine hours.If Job J33 requires 420 machine hours, how much overhead will be allocated to Job J33?

• A)$1,743
• B)$1,904
• C)$1,634
• D)$1,785

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Definitions:

Learning Strategy Interventions

Techniques or programs designed to improve cognitive processes and skills, such as note-taking, summarizing, and self-questioning, to enhance learning effectiveness.

Learning Disabilities

Neurologically based processing problems that can interfere with learning basic skills such as reading, writing, or math, as well as higher-level skills like organization, time planning, and abstract reasoning.

Square-root Rule

A mathematical formula used in inventory management to estimate the impact of changing the number of locations on inventory levels.

Stocking Locations

Specific places where inventory is stored and managed, such as warehouses or retail storerooms.