Thomlin Company Forecasts That Total Overhead for the Current Year

question 178

Multiple Choice

Thomlin Company forecasts that total overhead for the current year will be $15,500,000 with 250,000 total machine hours. Year to date, the actual overhead is $16,000,000, and the actual machine hours are 330,000 hours. The predetermined overhead rate based on machine hours is

• A) $48 per machine hour
• B) $62 per machine hour
• C) $45 per machine hour
• D) $50 per machine hour

---

Definitions:

Social Media Advertising

The practice of using social media platforms to promote products, services, or brands to reach a wider audience.

Brand Awareness

The extent to which consumers are familiar with the distinctive qualities or image of a particular brand of goods or services.

Performance Measure

Metrics or indicators used to assess, compare, and track performance or productivity, often in the context of business objectives or goals.

Cost-Per-Action

An online advertising payment model where payments are based solely on qualifying actions such as sales or registrations.