What was the predetermined overhead rate?
Answer
a. $0.10 per machine hour
b. $9.80 per machine hour
c. $10.58 per machine hour
d. $10.00 per machine hour
3 points
Question 54 Refer to the Giles Inc. information above. How much total overhead was applied to products during the year?
Answer
a.
$571536
b.
$540000
c. $490000
d. $529200
3 points
Question 55
Refer to the Giles Inc. information above. By how much was overhead over- or underapplied for the year?
Answer
a. $39200 underapplied
b. $29200 underapplied
c. $10800 overapplied
d. $42336 overapplied