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Answer the Following Questions Using the Information Below

question 47

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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 ________.


Definitions:

Ecological Contexts

The environmental conditions and factors that influence living organisms and ecological systems.

Country of Origin

The country where a person was born or where a product was manufactured.

Social Organization

The structured arrangement of relationships and roles within a society, governing how individuals and groups interact.

Prevention Programs

Initiatives designed to reduce the occurrence of diseases and adverse health conditions before they occur.

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