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Happy Clicks,Inc

question 63

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Happy Clicks,Inc.uses a predetermined overhead allocation rate of $5.25 per machine hour.Actual overhead costs incurred during the year are as follows:
Happy Clicks,Inc.uses a predetermined overhead allocation rate of $5.25 per machine hour.Actual overhead costs incurred during the year are as follows:   What is the amount of manufacturing overhead cost allocated to Work-in-Process Inventory during the year? A) $36,743 B) $7,600 C) $29,143 D) $37,275
What is the amount of manufacturing overhead cost allocated to Work-in-Process Inventory during the year?


Definitions:

Variability

Any deviation from the optimum process that delivers perfect product on time, every time.

X-bar Chart

A control chart used in statistical process control to monitor the process mean over time and identify any variations from the normal process performance.

Uniformity

The consistency and evenness of something, such as product quality, across different units or batches.

Dispersion

The extent to which a set of values is spread out or dispersed around a central value, such as the mean.

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