Krier Corporation Uses a Predetermined Overhead Rate That Was Based

question 5

Multiple Choice

Krier Corporation uses a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $738,000 and 30,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $792,000 and 31,500 total direct labor-hours during the period.The predetermined overhead rate is closest to:

• A) $26.40
• B) $25.14
• C) $23.43
• D) $24.60

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Definitions:

Distorted Representations

Misleading portrayals or descriptions that inaccurately depict the characteristics, abilities, or qualities of individuals or groups.

Gee's Bend

A rural community in Alabama known for its rich history and unique quilting tradition among African American residents.

African American Women

Women of African descent living in the United States, encompassing a diverse group with a rich heritage and significant contributions to American culture and history.

Quilts

Fabric creations comprised of multiple layers sewn together, often featuring intricate patterns or designs and used for warmth or as decorative items.