Oscar,Inc,a Manufacturer of Gift Articles,uses a Single Plantwide Rate to Allocate

question 32

Multiple Choice

Oscar,Inc.,a manufacturer of gift articles,uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base.Estimated overhead costs for the year are $7,000,000.Estimated machine hours are 25,000.During the year,the actual machine hours used were 43,000.Calculate the predetermined overhead allocation rate.(Round your answer to the nearest dollar.)

• A) $163
• B) $109
• C) $280
• D) $82

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