The Little Britain Company Applies Overhead Cost Based on Machine

question 47

Multiple Choice

The Little Britain Company applies overhead cost based on machine hours. At the beginning of 2011, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000. By 2011 year-end, actual overhead totalled $525,000, and actual machine hours were 25,000. On the basis of this information, the 2011 predetermined overhead rate was:

• A)$0.04 per machine hour.
• B)$0.05 per machine hour.
• C)$20 per machine hour.
• D)$21 per machine hour.
• E)$25 per machine hour.

---

Definitions:

Same Questions

Inquiries that are identical or very similar in nature, often repeated or asked multiple times.

Achievement Test

A test designed to assess a person's level of skill, knowledge, or accomplishment in a particular area.

Mastery

The comprehensive knowledge or skilled proficiency gained in a particular subject or activity.

Subject

The person or thing that is being discussed, described, or dealt with, especially in a sentence's grammatical construction.