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The Silver Corporation Uses a Predetermined Overhead Rate to Apply

question 58

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The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs.The predetermined overhead rate is based on labor cost in Dept.A and on machine-hours in Dept.B.At the beginning of the year,the Corporation made the following estimates:
The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs.The predetermined overhead rate is based on labor cost in Dept.A and on machine-hours in Dept.B.At the beginning of the year,the Corporation made the following estimates:   What predetermined overhead rates would be used in Dept.A and Dept.B,respectively? A)  67% and $3.00 B)  150% and $5.00 C)  150% and $3.00 D)  67% and $5.00 What predetermined overhead rates would be used in Dept.A and Dept.B,respectively?


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