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Felton Quality Productions Uses a Predetermined Overhead Allocation Rate Based

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Felton Quality Productions uses a predetermined overhead allocation rate based on machine hours.It has provided the following information for the year:  Actual manufacturing overhead costs incurred $100,000 Manufacturing overhead costs allocated to production $56,000 Actual direct materials cost $220,000 Actual direct labor cost $40,000 Actual machine hours 32,000 hours \begin{array} { | l | l | } \hline \text { Actual manufacturing overhead costs incurred } & \$ 100,000 \\\hline \text { Manufacturing overhead costs allocated to production } & \$ 56,000 \\\hline \text { Actual direct materials cost } & \$ 220,000 \\\hline \text { Actual direct labor cost } & \$ 40,000 \\\hline \text { Actual machine hours } & 32,000 \text { hours } \\\hline\end{array} Based on the above information,calculate the predetermined overhead allocation rate applied by Felton Quality.(Round your answer to the nearest cent.)


Definitions:

Renal Medulla

The innermost part of the kidney, composed of renal pyramids and tubules, involved in urine formation and concentration.

Chronic Glomerulonephritis

A long-term kidney condition characterized by inflammation and eventual scarring of the glomeruli, the kidney's filtering units.

Glomerulus

A cluster of capillaries in the kidneys that filters blood, initiating the process of urine formation.

Distal Convoluted

Pertains to the part of the nephron in the kidney farther from the renal corpuscle, involved in the reabsorption of water, sodium, and chloride.

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