Answer the Following Questions Using the Information Below

question 47

Multiple Choice

Answer the following questions using the information below:
For 2014, Thomas Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 50,000. The actual manufacturing overhead costs are $420,000 and actual machine hours are 70,000.
-Using job costing,the 2014 budgeted manufacturing overhead rate is ________.

• A) $6.50 per machine-hour
• B) $4.80 per machine-hour
• C) $5.50 per machine-hour
• D) $6.00 per machine-hour

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Definitions:

Goblet Cells

Unicellular glands that secrete mucus

Circulatory System

The body system consisting of the heart, blood vessels, and blood, responsible for transporting nutrients, oxygen, and wastes among cells and the external environment.

Connective Tissue

Tissue that supports, binds together, and protects tissues and organs of the body, characterized by few cells and a large amount of extracellular matrix.

Lymph

The colorless fluid within the lymphatic vessels that is derived from blood plasma; contains white blood cells; ultimately lymph is returned to the blood.