For the Current Year,Paxman Company Incurred $150,000 in Actual Manufacturing

question 8

Multiple Choice

For the current year,Paxman Company incurred $150,000 in actual manufacturing overhead cost.The Manufacturing Overhead account showed that overhead was overapplied in the amount of $6,000 for the year.If the predetermined overhead rate was $8.00 per direct labour hour,how many hours were worked during the year?

• A) 17,750 hours.
• B) 18,000 hours.
• C) 18,750 hours.
• D) 19,500 hours.

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Definitions:

Trade

The exchange of goods, services, or both between two parties, either within an economy or between economies.

Mississippian Societies

Pre-Columbian Native American cultures that thrived in the Mississippi Valley, known for their large earthen mounds and complex societal structures.

De Soto

A Spanish explorer and conquistador, Hernando de Soto, known for his expeditions in the Americas, including the southeastern United States.

Decline

Decline refers to the process of decreasing in quality, quantity, or importance over a period of time.