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Duggan Company applies manufacturing overhead to jobs on the basis

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Question;Exercise 2-5 (Part Level Submission)Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $304,560 for the year, and machine usage is estimated at 126,900 hours.For the year, $323,682 of overhead costs are incurred and 132,500 hours are used.(a)Compute the manufacturing overhead rate for the year. (Round answers to 2 decimal places, e.g. 1.25.)Manufacturing overhead rate $ per machine hour

 

Paper#50195 | Written in 18-Jul-2015

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