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i Chrome File Edit iew History Bookmarks People Window Help )3896 iD Sun 12:56 PM /tri WileyPLUS C edugen.wileyplus.com/edugen/lti/main.uni NORT AND Return to Blackboard WileyPLUS Accounting Principles, 12c My NCAT PRINTER VERSION BACK Exercise 20-5 (Part Level Submission) kerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total S348,189 for the year, and machine usage is estimated at 125,700 hours Add Module Exercise 20-2 Exercise 20-5 (Pa For the year, $444,755 of overhead costs are incurred and 131,500 hours are used. 20-9 (Part (a) Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25. per machine hour Attempts: 0 of 15 usedSAVE FOR LATER Tools The parts of this question must be completed in arder. This part will be available when you camplete the part above. Tasks Send MMy User Address Personal Course M The parts of this question must be completed in order. This part il be available when you complete the part above. ts

Explanation / Answer

(a) Manufacturing Overhead Rate = Estimated Overhead ÷ Estimated Machine Hours

= $348,189 ÷ 125,700 hours = $2.77 per machine hour

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