At the End of the Year,actual Manufacturing Overhead Costs Were

question 8

Multiple Choice

At the end of the year,actual manufacturing overhead costs were $110,000 and applied manufacturing overhead costs were $118,800.If the denominator activity for the year was 20,000 machine-hours,and if 22,000 standard machine-hours were allowed for the year's production,the predetermined overhead rate per machine-hour was:

• A)$5.00
• B)$5.94
• C)$5.50
• D)$5.40

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Definitions:

Need for Achievement

A psychological trait that drives an individual to pursue and attain challenging goals, as defined by David McClelland.

Achievement Motivation

The drive or desire to accomplish goals, excel, and strive for success in tasks and challenges.

External Locus

A belief that one's life is controlled by external forces rather than one's own actions or decisions.

Autonomic Arousal

Involves the activation of the autonomic nervous system, which can include physiological responses such as an increased heart rate or sweating, often as a reaction to stress or excitement.